Benchmarks for Assessing Monetary Policy: Optimal Control
So what if Mitt Romney neglects the housing market like Barack Obama?
The fact is the housing issue is connected to the jobs issue, since people anchored underwater with housing debt are less flexible to pursue what few jobs are available.
Effect Greater Safety & Happiness
We can’t afford four more years without a president with the optimal fiscal policy to form a more perfect union through 4% growth in the economy.
We have not yet begun to succeed — join me
Van Doorn Ooms, Ronald S. Boster, and Robert L. Fleegler, “The Federal Budgert and Economic Management,” in Handbook of Government Budgeting, ed. Roy T. Meyers (San Francisco: Jossey-Bass, 1999).
Vice Chair Janet L. Yellen, “Speech,” Board of Governors of the Federal Reserve System, April 11, 2012.