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PODCAST: Economic recovery for the long haul, J.C. Penney CEO fall

A check in on corporate America. Former Bush adviser Glenn Hubbard talks entitlement reforms, and how to make them fair. And, were ousted J.C. Penney Ron Johnson's ideas so bad?

Glenn Hubbard, former Chair of the White House Economic Council of Advisers under President George W. Bush, discusses the entitlement reform, the economic recovery, and taxes.

J.C. Penney CEO Ron Johnson has been given the boot after just 17 months as head of the struggling department store chain, but were his ideas really that bad?

The aluminum maker Alcoa kicked off corporate earnings season last night with a better than expected report. Alcoa kept its forecast steady at 7 percent growth in aluminum demand this year. Juli Niemann, analyst with Smith, Moore & Company, discusses the latest earnings reports and what they signal about the economy. 

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