Blake Farenthold Quotes

I mean, the reality is unemployment today - over 14 million Americans are unemployed. That's exactly what it was a year ago. I mean, this - the American people know we can't borrow and spend and bail our way back to a growing economy.

The Federal Reserve's monetary policy objective is to foster maximum employment and price stability. In this regard, a key challenge is to assess just how far the economy now stands from the attainment of its maximum employment goal.

The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.

With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.

But if the choice is a cool president and 8 or 10 percent unemployment in a declining economy and a country that seems to be going in the wrong direction and structural unemployment for young people at 50 percent, I'd rather have a dorky president who fixed those problems.

We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

I would say to my colleague that the misery index, inflation and unemployment, when added together is the lowest it has been in the last series of Presidents, even going back to Jimmy Carter. So I think the Bush administration is doing a good job.

You don't want to get so distracted, focusing on what the opposition is putting forth that you forget to remind America that the real issue is 8.3 percent unemployment, virtually no growth at all in an economy that has been in shambles for the last four years under Obama.

I think we ought to talk about what the American people want, and that is jobs and get the economy on track.

Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.

The rich countries seem to need 5 or 6 percent unemployment to make the economy hum.

What you need to be concerned about is the rate of inflation and the direction of interest rates. If they are both going in the wrong direction in 1980, you're not going to be re-elected.

Economic growth is based partly on reality and partly on perception.

I am strongly committed to pursuing the dual goals that Congress has assigned us: maximum employment and price stability.

I believe most people think the economy is very important.

Germany and South Korea were able to lower unemployment through success in export industries.

Quite frankly, I'm running a campaign on the economy and jobs and economic opportunities for the American people.

It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.

In terms of the economy, look, I inherited a recession, I am ending on a recession.

I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.

We are focused on Main Street, on supporting economic conditions - plentiful jobs and stable prices - that help all Americans.

The greatest economic power might in fact remain in the hands of the Federal Reserve. Economists credit the Fed's policy of keeping interest rates at historic lows with helping to pump up the economy and bring unemployment down.

The unemployment rate went down as I was governor of Massachusetts. We were losing jobs every month when I came into the state.

Obviously, the domestic need is to shape an economic policy that assures long-term healthy economic growth and a reassertion of American competitiveness in international competition.

The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up.