Our Economic Recovery has been Hijacked

Money Morning Chief Investment Strategist Keith Fitz-Gerald joined CNBC Asia's "Squawk Box" program to discuss U.S. President Barack Obama's new jobs proposal. President Obama is in a tough spot, trying to get approval for new tax increases to pay for a $447 billion jobs package -- and Fitz-Gerald said it's unlikely he'll be able to appease Congress enough to get the plan approved. Fitz-Gerald talked to CNBC about how many politicians' personal agendas have impeded U.S. economic recovery, and what should be done to improve economic progress.

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