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View Diary: Trumka: Yellen has a 'more balanced' and 'better' approach than Summers (31 comments)

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  •  Props to Trumka (4+ / 0-)
    Trumka said that Fed presidents dating back to Paul Volcker under President Reagan have disproportionately emphasized controlling inflation over pursuing full employment when conducting monetary policy, even though the law requires it to pursue both goals. Trumka argued Yellen's track record makes her a better fit for the job.

    Warning - some snark may be above‽ (-9.50; -7.03)‽ eState4Column5©2013 "I’m not the strapping young Muslim socialist that I used to be" - Barack Obama 04/27/2013

    by annieli on Thu Aug 29, 2013 at 12:52:27 PM PDT

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      to the White House. I sent mine already saying please not Summers. The leaks that keep coming out mean that the WH is still trying to figure out whether the Prez can safely get away with appointing Larry Summers.

      You will not be punished for your anger. You will be punished by your anger.

      by mstep on Fri Aug 30, 2013 at 04:30:59 PM PDT

      [ Parent ]

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