Bob Edwards Quotes
I've never been able to predict the future of anything.
Edwards, Bob. Interview by Brian Lamb. Booknotes, C-SPAN, 23 May 1993.
He is absolutely right, but unfortunately made this statement several years after he served as the Fed Chairman. He never made a statement like this when he and his colleagues made their policies based on their economic forecasting. Central bankers have generally felt that one of their jobs was to give the people confidence in the nation’s banking system and economy and the admission that much policy making was based on “coin toss” forecasting.
Despite this reality, most politicians, if they have the resources and high enough position, surround themselves with experts to advise them and then listen to them to take positions in campaigns or advise them on policy making if they are in office.
Robert Alan "Bob" Edwards is an American broadcast journalist, a Peabody Award-winning member of the National Radio Hall of Fame. He gained reputation as the first host of National Public Radio's flagship program, Morning Edition. Starting in 2004, Edwards then was the host of The Bob Edwards Show on Sirius XM Radio and Bob Edwards Weekend distributed by Public Radio International to more than 150 public radio stations. Those programs ended in September 2015. Edwards currently hosts a podcast for AARP.
