Yes, except in the worst economic conditions.
the sooner that a long-term plan is put in place to make significant and credible reductions in the path of the deficit, the better it will ...
It is something, Senator, that we pay a great deal of attention to.
It sounds like the conclusion of your argument is that taxes should be zero and I would not argue that.
I do not agree with the view that this is likely to lead to another crisis.
I can say that, yes.
I think that supervisors will be paying more attention to this in the future and we should pay more attention to it.
It would be a good thing if that came back.
I hope there will be an open mind and that there will be discussion of all options, including reforms of the tax code, including restructuri...
I think it is extremely important that you address this issue.
Obviously, as Senator Shelby has pointed out, it is important for us to get back to a more normal size of our balance sheet.
It is a substantial improvement.
It would be an extremely dangerous and very likely recovery-ending event.
the need to think about the budget issue not as a current year issue
the long-term imbalances are not just a long-term risk. They are a near and present danger.
I do not believe that there is a dangerous bubble in U.S. financial markets.
What I need to emphasize here is that that does not mean that QE will continue until 2017 or easy money will continue until 2017.
We have rejected that approach and we are committed to not letting inflation go above sort of the normal level of around 2 percent in the me...