Jack Reed actually said...

"I think jobs are the issue right now, and I think it is not just today's incomes, today's production."

"Was the trajectory of Federal spending and Federal Reserve policy more appropriate at the end of 2000 or the end of 1999 than it is today?"

"I think from my view, the faster we get this accomplished, then we can move on to some of the other issues we have talked about today."

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