Quotes About Policy

markets didn't have enough examples of Fed behavior in similar circumstances.

Inflation targeting, I argued, could help fill the information vacuum.

with the president having just been reelected, I could expect to be involved in new policy initiatives.

it is similar to the central bank balance sheets of other major industrial countries.

leaving the overall size of its balance sheet unchanged.

we offered guidance, albeit vague, on our own expectations for monetary policy. We

Of course, how far and how fast rates would rise depended on the economy.

The pace was much faster than at the Fed.

However, markets saw the European effort as vague and insufficiently ambitious.

target. As the world has learned, too little inflation is just as bad as too much inflation.

With that law still in place, Citi likely could not have become as large and complex as it did.

and because U.S. fiscal policy, although a headwind during most of the recovery, was less restrictive than elsewhere.

On the other hand, job growth remained flat and inflation was still very low.

But Bush's proposal to add private accounts to Social Security went nowhere, as did his comprehensive immigration plans.

the stigma associated with borrowing from the Fed.

I saw the GSEs as the responsibility of Congress

The Constitution designed the separation of church and state to prevent people from imposing their particular religions on others, not to stop people from allowing their religious beliefs to influence their views on public policy.

why isn't cutting government spending a viable alternative to maintaining high taxes?

There are almost invariably unbridgeable inconsistencies in the left's publicly stated positions that are at war with their actual fundamental principles. Your goal is to make the left admit once and for all what they believe about policy by exposing those inconsistencies.

Money is best left in the hands of government. The citizens of the United States are too stupid to save for the future.

The answer to every "social justice" question is more taxes and regulation, say the professors.

from nonprofit organizations to push Obamacare—the same organizations responsible

Members of the left are not interested in having a debate about policy. They are not interested in debating what is right or wrong for the country. They are interested in debating you personally. They are interested in castigating you as a nasty human being because you happen to disagree. This is what makes leftists leftists: an unearned sense of moral superiority over you.

For Democrats, the goal of society should be ensure "social justice"-a nice-sounding abstraction that boils down to ham-fisted government intervention.