Janet Yellen Quotes About Economy

Quotes about: Economy

• In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

  Janet Yellen

  Running, Giving, Long

• Prospects for growth in the year ahead are solid at the national level, and of course, this can only be good news for the Bay Area and California as well. The U. S. economy has shown remarkable resilience in the face of some severe shocks - in particular, the surge in energy prices that began a couple of years ago and the devastation wrought by the twin hurricanes last summer.

  Janet Yellen

  Summer, Couple, California

• The bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.S. economy—while not fully allayed have diminished. Moreover, while the future for housing activity remains uncertain, I think there is a reasonable chance that housing is in the process of stabilizing, which would mean that it would put a considerably smaller drag on the economy going forward.

  Janet Yellen

  Mean, Thinking, Lines

• Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

  Janet Yellen

  Long, Unemployment, Economy

  "A Painfully Slow Recovery for America's Workers: Causes, Implications, and the Federal Reserve's Response" by Janet L. Yellen, www.federalreserve.gov. February 11, 2013.

• Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people.

  Janet Yellen

  People, Risk, Economy

  "How American Income Inequality Hit Levels Not Seen Since The Depression", www.huffingtonpost.com. October 22, 2010.

• Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.

  Janet Yellen

  Capitalist Economy, Routine, Employment

  "Why Janet Yellen Should Be Fed Chair (In 4 Quotes)" By Mark Gongloff, www.huffingtonpost.com. September 16, 2013.

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