On the recordJanuary 8, 2014
Mr. Volcker said the way to get low unemployment was to have low expected inflation.
Source
congress.govMr. Volcker said the way to get low unemployment was to have low expected inflation.
Capuano references Volcker's approach to managing unemployment and inflation.
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It is surprising in this day and age that we can have a whole group, several classes of people, being intentionally or even unintentionally paid less, and yet this Government refuses to do anything about it.
But as we talked about earlier, some degree of equitable distribution of the benefits of a good economy is your job.