Robert Shiller: US Is Not 'Really in a Depression'

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May 05, 2012
Yale professor, Robert Shiller shares his perspective on whether the U.S. is in the midst of a "late great depression" and how temporarily raising taxes could help stimulate economic recovery.

He said, US is not really in late stages of great depression but he said "US will have to temprorily raise taxes to get out of weak economy"

Here is the video: