Old Rules and New Rules for Recovery

With a Wall Street recovery making some feel better about the economy, are jobs soon to follow?

Traditional wisdom might suggest that a boost in production by American companies would ease the swelling of unemployment figures. Yet, although many economists are saying the recession ended in the summer, still others are predicting double-digit unemployment to stick around for awhile. New York times national economics correspondent Peter S. Goodman says that the old rules might not apply to the current situation.

Goodman discusses concerns over the GDP in relation to the federal debt, the concept of a "jobless recovery" and suggests some ways American manufacturing can look for a more sustainable type of growth.

LISTEN: PETER S. GOODMAN - THE END OF EASY MONEY