Political Quotes

On the recordJanuary 7, 2009
Listen, I think everybody, all the economists agree that only the government can now do this. That the Federal Reserve has exhausted its remedies, it can't do very much, it's always working, but it can't lower interest rates very much when they're down so low already.
Said by
David Gergen
Independent · Massachusetts

Editor's note · Context

Gergen discusses the consensus among economists that government action is essential for economic recovery.

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