Detailed text transcripts for TV channel - MSNBC - 20110427:20:32:00
>> before we get to the inflation, one of the man dates for the federal reserve is job creation. how does -- how do you interpret what they've done on jobs with what they may have been able to do or should be doing? >> well, keep in mind i'm going to back door this a little bit. keep in mind when you're dealing with the recovery from a credit crisis, the work of ryan heart and row govgs the work of a number of economists showed us, you can expect subpar recovery, weak gdp, poor job creation. that said, the fed has done what they can taking rates down to quite frankly absurdly low laechblsd by ...
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