Welfare reform: has it been a success?

Major welfare reform legislation passed the US Congress in August 1996 by a broad bipartisan majority and was signed into law by President Clinton. Rebecca Blank of the University of Michigan talks to Romesh Vaitilingam about how US welfare reform has worked out – the successes and the downside – and where it goes next, including comparable policies in Europe. The interview was recorded at the American Economic Association meetings in New Orleans in January 2008.