Financial Crises Require Governments.

This Crisis Is Not Simply A More Severe Version Of The Usual Business Cycle Recession, The Typical Downturn In Which Economies Ultimately Adjust And Stabilize.

The Government Can Help, But We Need To Make This Transition Now To A Recovery Led By Private Investment.

The World Is Likely To View Any Temporary Extension Of The Income Tax Cuts For The Top Two Percent As A Prelude To A Long-term Or Permanent Extension, And That Would Hurt Economic Recovery As Well By Undermining Confidence That We're Prepared To Make A Commitment Today To Bring Down Our Future Deficits.

Monetary Policy Itself Cannot Sensibly Be Directed At Reducing Imbalances.

Hyperinflation Is Not Going To Happen In This Country, Will Never Happen... The Fed Putting So Much Money Into The System Is Not Going To Create The Risk Of Hyperinflation In The Future. We Have A Strong Independent Federal Reserve With A Very Strong Mandate From The Congress, And They Will Do What's Necessary To Keep Inflation Low And Stable Over Time.