The nation's economy will grow by only 1.4 percent in 2013 and "unemployment will remain above 7.5 percent through 2014", according to a new report released this week by the Congressional Budget Office.
How to end the recession? Marc Lamont Hill hosted a great Huff Post Live discussion with Paul Krugman, the Nobel Prize-winning progressive economist and New York Times columnist.
"It's the easiest thing [to do] in the world," said Krugman. "We know how to end it. To end this depression we need the federal government to give aid to the state governments. [The states] need to rehire the teachers that they laid off, begin road and infrastructure repair. ... But the political will is not there."
Watch AFTER THE JUMP ...