What Does Obama Hope For?

Dr. Michael LaitmanOpinion: (Charles Plosser, President of the Federal Reserve Bank of Philadelphia): “Monetary policy has little ability to help the U.S. jobs market in current economic circumstances, a top Federal Reserve official said Thursday.

“‘I am really doubtful that monetary policy is a tool that is going to help us very much’ to help spur demand and improve hiring in an economy where many households and companies are still looking to cut borrowing levels, rather than to increase them.”

My Comment: Until a person becomes convinced that he cannot solve the problem in any way, he does not admit to others and to himself that he has lost. But if this is the case, isn’t it the role of those next to him to stop him?

Related Material:
Anti-Wall Street Protest In New York
The US Continues To Face An Ongoing National Crisis
Demonstrations: A Way To Create A New Society

Discussion | Share Feedback | Ask a question

Laitman.com Comments RSS Feed