AFL-CIO Now

Showing blog posts tagged with Janet Yellen

Krugman on ‘Sequester of Fools’

Feb 22, 2013 Mike Hall | Political Action/Legislation

Paul Krugman has a pretty straightforward plan to deal with the sequester that’s due to hit March 1. The New York Times columnist and Nobel Prize-winning economist says, “The right policy would be to forget about the whole thing.”

He bases his proposal on what Federal Reserve Vice Chair Janet Yellen said in her keynote address to the Trans-Atlantic Agenda for Shared Prosperity conference at the AFL-CIO headquarters in Washington, D.C., earlier this month. Fiscal austerity, such as the sequester and the latest doomsday alert from the Bowles-Simpson duo , is the enemy of real economic recovery.

Yellen: Fed Goal Is 'Maximum Employment' by Taking 'Forceful Action'

Feb 11, 2013 Jackie Tortora | Economy

Today at the Trans-Atlantic Agenda for Shared Prosperity conference held at the AFL-CIO, Janet Yellen, vice chair of the Board of Governors of the Federal Reserve, talked about the reasons why the recent economic downturn has been painful particularly for America's workers and what the Federal Reserve's role is in reaching maximum employment.The problem with the economy is the lack of demand and current fiscal policy is not helping. Yellen said the Federal Reserve is committed to action that will create jobs and produce economic growth.

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0.0043 sec

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1.8096%

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0.0722%

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0.7286 sec

AFL-CIO Now

Showing blog posts tagged with Janet Yellen

Krugman on ‘Sequester of Fools’

Yellen: Fed Goal Is 'Maximum Employment' by Taking 'Forceful Action'

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