I'm not sure Taylor has the political savvy for the job.

My job is to make sure it isn't three.

This liquidation has been so sharp, so severe, not just in this last quarter, but over the past year, that even with a modest pickup in demand, production is almost bound to increase as we move through the balance of this year.

I think the Fed felt this was not the time to be cautious and conservative.

At labor market turning points, the household survey does better because it picks up self-employed workers and others not reflected in the business survey. But I'm still not convinced the labor market is quite as strong as the household data say it is.

I thought we were (friends). Now I'm not so sure. He's got a job to do, and we've got a job to do. We don't need to do each other's jobs.