The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a soft landing and a period of growth and price stability.


David Warsh (April 20, 1986) "Stockman's Timing Was Never Worse", Boston Globe, p. A1.


The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a...

The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a...

The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a...

The country will not have to pay the piper. Through a combination of sound policy actions and a great deal of good luck we are well on our way to a...