We Believe In A Strong Dollar. Chinese

The Major Economic Policy Challenges Facing The Nation Today - Pick Your Favorites Among The Usual Suspects Of Low Public And Household Savings, Concerns About Educational Quality And Achievement, High And Rising Income Inequality, The Large Imbalances Between Our Social Insurance Commitments And Resources - Are Not About Monetary Policy.

The Recognition That Things That Are Not Sustainable Will Eventually Come To An End Does Not Give Us Much Of A Guide To Whether The Transition Will Be Calm Or Exciting.

And I Think It's A Prudent, Responsible Way, Given The Scale Of The Emergency, The Scale Of The Damage Still Facing America, That We Finance These Additional Support For The Unemployed As Well As The Support For Small Business. We Think There's A Good Case For Doing It Now. We Want To Do It In An Overall Fiscally Responsible Way.

Looking Past The Immediate Crisis, A More Resilient System Must Be Built On Stronger And Better Designed Shock Absorbers, Both In The Major Institutions And In The Infrastructure Of The Financial System.

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.