With double-digit unemployment, a sputtering economy, and a national deficit spiraling out of control -- there seems to be no good news on the financial horizon.
Just about everyone is worried about the economy and the markets, and the fear is that they will stay down for a long time.
However, one economist says the gloom and doom forecasts are too pessimistic.
Economist Brian Wesbury appeared on Thursday's "The 700 Club" to discuss the state of the U.S. economy with Pat Robertson. Click play to watch the interview.
In his new book, "It's Not as Bad as You Think," Brian Wesbury says that while the financial future may be hard to predict, it will ultimately be profitable over the long haul. And he says you can prosper now, and in the future if you learn to analyze economic indicators and government policy to grow your wealth.
Click here to go to the website containing Wesbury's articles.
Brian S. Wesbury is chief economist at First TrustAdvisors LP, a financial services firm with over $23 billion under management. He writes frequently for the American Spectator magazine and serves as the magazine's economics editor. He is a frequent contributor to the Wall Street Journal's editorial page. Wesbury was ranked as the nation's number one forecaster by the Wall Street Journal in 2001, and USA Today ranked him as one of the nation's top ten forecasters in 2004. He received an MBA from Northwestern University's Kellogg Graduate School of Management and a BA in economics from the University of Montana.