Southern Co CEO: Recovery Will Be Slow

This morning Southern Company's CEO joined me for a First on FOX interview immediately after its earnings were released. David Ratcliffe talked about the current economic climate and why he and his team predict the economic recovery "will not be V shaped but a slow, gradual, methodical recovery."

We talked about the health of the consumer and the industrial business. What manufacturing shut downs have done for his business and how productivity gains may impact them. I also got his thoughts on cap-n-trade legislation and the push to build more nuclear power plants.

I always enjoy talking to David. He speaks in a way that makes all of us understand. Listen to his thoughts on electricity costs rising due to cap-n-trade. It will impact you and your home.

Take a look.