Political Quotes

making derivatives safer is very important, part of solving Too Big to Fail and preventing another financial crisis.

Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.

Lower paid workers, as well as women and minorities, are over-represented in the most affected sectors, and, thus, have borne a disproportionate share of the job and income losses.

As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.