great depression pulls actual output below the trendline and you can see the movement about the dina cappiello during world war ii. we kind of went back to the trendline. there were expressions of the postwar period, but remain close to the trendline. if you look to the very far right coming to see where we are today. we are below the trendline. there are debates about whether or not that decline is in semipermanent. but i think there's a reasonable chance looking at the long run of history that u.s. economy will return to healthy growth somewhere in the 3% range. there are factors that take into account changes in population rate and aging of our population, but broadly speaking with our picture shows is over long periods of time, our economy has been successful in maintaining long-term economic growth. just a few words about regulatory changes. you recall that i discussed in the last couple of lectures for vulnerabilities in both the private and public sector in the financial. on the public side, the crisis revealed many weaknesses in our regulatory system. we saw what happened with lehman b

he discusses the company's power and influence with associated press energy reporter dina cappiello. .. >> host: but why this company, and how was it, how did it differ from some of your other summits like the bin ladens? >> guest: uh-huh. and it's an interesting -- to me, it was an interesting journey because, as you point out, i started out as a business reporter on wall street when i was very young, and then i went abroad and worked more on international subjects. and after 9/11 i wrote about the origins of the 9/11 attacks in 20 years of american covert policy in afghanistan, and this book "ghost wars." and after that was over i thought, you know, i want to keep writing about america and the world after 9/11, this sort of asymmetric, strange groping that we had as a country to understand what the attacks were about, what they meant to the united states, what our relationship with the middle east was. and that led me to the bin ladens which was a book intend bed to be about saudi arabia and its modernization and how complicated it was for this generation of oil shock boomers that