On The Record #65: Gene Sperling former economist for president Clinton and Obama

President Barack Obama announces Gene Sperling, left, as the new director of the National Economic Council, while speaking about the economy, Friday, Jan. 7, 2011, at Thompson Creek Manufacturing, which makes custom replacement windows, in Landover, Md. (AP Photo/Charles Dharapak)

President Barack Obama announces Gene Sperling, left, as the new director of the National Economic Council, while speaking about the economy, Friday, Jan. 7, 2011, at Thompson Creek Manufacturing, which makes custom replacement windows, in Landover, Md. (AP Photo/Charles Dharapak)

April talks to Gene Sperling, American economist, who was Director of the National Economic Council and Assistant to the President for Economic Policy under Presidents Bill Clinton and Barack Obama.