Political Quotes

Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholders and public policy and likely diminish the systemic risk, as well. Other benefits are that…

Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.

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.

I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.