Pimco's El-Erian on Obama's Jobs Plan, U.S. Economy

Pimco's El-Erian on Obama's Jobs Plan, U.S. Economy Play

Sept. 9 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at Pacific Investment Management Co., discusses President Barack Obama’s speech to Congress last night and the proposed $447 billion jobs plan. El-Erian, speaking with Betty Liu on Bloomberg Television's "In the Loop," also talks about the outlook for the U.S. economy and Federal Reserve monetary policy. (Source: Bloomberg)

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