Paul Volcker and Graham Allison on U.S. politics and economy

Economic uncertainty will play a key role in presidential tilt, analysts say Political Intelligence blog
April 11, 2012
Quoted: Paul Volcker, Belfer Center International Council member
Also: Graham Allison, Belfer Center director
Topic: U.S. politics and economy

“Murphy was joined in discussing the economy and the election by Paul Volcker, the former Federal Reserve chairman and head of Obama’s Economic Recovery Advisory Board. Volcker said he believes the president will win but conceded the economy is improving only gradually. ‘The word was S-L-O-G,” Volcker said. “Now it’s S-L-O-W, which isn’t much better.’

Volcker also suggested ‘lots of bad headlines’ about European economic struggles will work against the president.”

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