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'The President Really Needs a Lesson in Economics' - Charles Gasparino

'The President Really Needs a Lesson in Economics' - Charles Gasparino

Gasparino talks to America's Morning News about the latest market volitility, U.S economic future and the current fiscal policy from the White House. "The president really needs a lesson in economics" Gasparino tells AMN.

On market volitility from massive electronic stock trading. "When they see headlines they hit the buy button, when they see headlines they hit the sell button..." Gasparino says in regards to some drawing broad conclusions to daily market moves. "The bottom line is, the long-term trend of the economy is very weak."

Charles Gasparino, author of Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street and is a senior correspondent for Fox Business Network and frequent contributor at Forbes, The New York Post, The Huffington Post and The Daily Beast.

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