Complete video at: http://fora.tv/series/92y_business_finance
Robert Rubin, Secretary of the Treasury under Bill Clinton, offers his advice for combating unemployment. Rubin argues that reducing unemployment is reliant on restoring confidence in the financial system, which will require making major budgetary cuts down the line.
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Robert E. Rubin joined the Clinton administration in 1993, serving in the White House as assistant to the President for economic policy and as the first director of the National Economic Council. He served as our nation’s 70th secretary of the treasury from 1995 to 1999. He is currently co-chairman of the Council on Foreign Relations and is the author of In an Uncertain World: Tough Choices from Wall Street to Washington, a New York Times best seller and one of BusinessWeek’s 10 best business books of the year.