Jack Reed actually said...

There are very severe, long-lasting costs associated with unemployment rates at the level we are seeing.

Jack Reed discusses the long-term impact of high unemployment rates.

12/02/2009

More Jack Reed Quotes

And if the economy gets worse for reasons not directly related to this, such as the sovereign debt crisis overseas, etc., then the foreclosu...

we have to start moving toward a solution, not simply waiting, because it seems to be getting worse in my mind.

Well, I appreciate what you and your colleagues are doing. It is very important.

the best outcome is to keep a person in their home and to keep them paying, and we are all advantaged by doing that.