Over The Years, The U.s. Economy Has

Education - Lifelong Education For Everyone - From Toddlers To Workers Well Advanced In Their Careers - Is Indeed An Excellent Investment For Individuals And Society As A Whole.

Although Low Inflation Is Generally Good, Inflation That Is Too Low Can Pose Risks To The Economy - Especially When The Economy Is Struggling.

The Federal Reserve Is Not Currently Forecasting A Recession.

I Think That Having Good Data, Good Statistics-and The United States Generally Has Better Macroeconomic Statistics Than Most Countries-and Having Good Economists To Interpret Those Data And Present The Policy Alternatives, Has A Substantially Beneficial Effect On Policymaking In The United States.

The Risk Exists That, With Aggregate Demand Exhibiting Considerable Momentum, Output Could Overshoot Its Sustainable Path, Leading Ultimately In The Absence Of Countervailing Monetary Policy Action To Further Upward Pressure On Inflation.