Paul Krugman: Paralysis at the Federal ReserveQuicklink submitted by Sheila Samples Permalink
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|The Fed -- which is required by statute to promote 'maximum employment' -- isn't doing its job. Instead, like the rest of Washington, it's inventing reasons to dither in the face of mass unemployment. And while the Fed sits there in its self-inflicted paralysis, millions of Americans are losing their jobs, their homes and their hopes for the future.|
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