October 6th, 2012
07:32 AM ET

Watch GPS: How's the economy?

Watch "Fareed Zakaria GPS" Sundays at 10 a.m. and 1 p.m. ET on CNN.

On "Fareed Zakaria GPS" this week: Three CEOs in one office: Fareed Zakaria sits down with Lloyd Blankfein of Goldman Sachs, Andrew Liveris of Dow Chemical, and John Chambers of Cisco, and gets their take on the global economy.

Also: Get used to a slowing global economy. Why? China’s big boom has come to an end.

Later, 1-on-1 with Salman Rushdie. The author of “The Satanic Verses” opens up about his life living under a religious fatwa.

And, is al Qaeda back? Former CIA Director Michael Hayden explores the recent attack on a U.S. consulate in Benghazi, Libya.

All this on GPS Sunday at 10 a.m. and 1 p.m. Eastern.

Excerpts below:

Right after the election, policymakers are worried about what they call a “fiscal cliff” – the moment when a set of spending cuts automatically take place, as well as the end of certain tax cuts – unless a deal on the deficit is reached. CEOs are even more worried. In fact, some say they’ve been paralyzed by Congress’s inaction. Fareed talks with Goldman Sachs’ Lloyd Blankfein, on what he calls a “ticking time bomb.”

What do CEOs think of the economic year gone by? One of them calls it “a year of doing nothing.” Watch this excerpt from Andrew Liveris of Dow Chemical.

Topics: GPS Show

soundoff (9 Responses)
  1. Somnath Baidya Roy

    Dear Fareed, You should have questioned Andrew Liveris about why Dow Chemicals is avoiding its responsibility in Bhopal. More than 20000 dead have died from the Bhopal disaster and Dow keeps on profiting from it. On your show Liveris talked about "a year of doing nothing" by the government. His record is worse. You should have asked Liveris to do the right thing.

    October 7, 2012 at 10:33 am | Reply
  2. Jagath Asoka (Jay Asoka)

    How come you have not invited Krugman, Taleb, or Stiglitz to talk about our economy, inequality, unemployment, and budget deficit? We need to know how to solve our devastating problem of unemployment which has created conditions for the emergence of radical nationalists who support the extreme views; extremism will flourish unless respectable voices speak with intellectual clarity. You need to give your viewers a chance to listen to the experts in a particular field rather than verbose, politically motivated pundits.

    October 7, 2012 at 11:30 am | Reply
  3. Jennifer Peter

    Thank you for mentioning the lack of risk taking for investors. Just as our home builders and plumbers are losing their skills so are the investors. They lack the skill and risk taking ability of their fore fathers. Add to this that they "have theirs" so why would they move towards risk to help the economy?

    October 7, 2012 at 1:15 pm | Reply
  4. JAL

    The US state dept needs to take a larger initiative in allowing and helping businesses to create new operations in Arab countries to help solidify progress in the region.

    October 7, 2012 at 1:42 pm | Reply
  5. KC

    Thank you Fareed. Excellent job today despite the short amount of time devoted to this forum.

    October 7, 2012 at 4:06 pm | Reply
  6. RA

    What was the name of the book and author you mentioned today?

    October 7, 2012 at 4:18 pm | Reply
  7. Ray Johnson

    I thank you for your most interesting program today. I was most amazed when listening to the three CEOs talk about the economy. What they failed to perceive is what Henry Ford knew 100 years ago. You must pay the workers enough to be able to buy your product. Today, the corporations have most of the money. The middle class and poor do not have enough money to uy their products. They have all the money and wonder why we are not buying anything. I made $10 an hour 45 years ago. Today that is all that is available for most of the workers.

    October 7, 2012 at 8:58 pm | Reply
  8. Plagiarism!

    CNN... please take Fareed off the air. This is not acceptable for someone who copies others' work to still be on the air. Why isn't there more talk of this journalistic sin?

    October 8, 2012 at 12:01 pm | Reply
  9. joe anon 1

    such an illustrious group.
    next week have ken lay, jack welch, and that little weasel thief at face book.

    October 9, 2012 at 3:22 pm | Reply

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