Russell Goldsmith Thinks the New Deal Can Point the Way to Recovery

Russell Goldsmith, chairman and former CEO of City National Bank, got an upfront view of the nation’s last crisis while sitting on the Federal Reserve’s Federal Advisory Council from 2008 to 2011. He says that what the country needs is not just more relief but an economic recovery plan of up to $2 trillion that includes infrastructure, job retraining and other measures, inspired by New Deal programs such as the Civilian Conservation Corps.

Click here to read the full Los Angeles Times interview.