have one idea and can only have one idea, to reduce the size of government. they are trying to find any way to solve poverty or address poverty while keeping with that. this is one day of doing that, reduces the size of the federal government. their goal is to preserve, not help poor people. as a political matter, jonathan, do republicans need to change their minds or is it talk to get it off the table for 2014? they have a whole lot to do to help themselves and to come up with the program. they ve ticked off women, young people, gays and lesbians and people of color, economically insecure until they realize they have to have real ideas that speak to all of those constituency, politically, they are nowhere. all right, thanks very much, also jonathan harwood for this discussion. thanks a lot. the federal reserve is so engrained in her career dna she even met her husband in the fed cafeteria and now about to run
16 th 16 trillion dollar woman? the size of the economy. having met her husband at the fed cafeteria 36 years ago, kitchen table realism about her that comes from growing newspaper bay ridge and watching unemployed folks and they come to her father s clinic and sometimes not able to pay the bills and that is a somewhat different background than your average monetary policies are and she talks about in a series of interviews. what was the most impressive thing janet yellen told time ? she was quite frank how optimistic she was for the u.s. economy and looking for perhaps 3% this year and quite focused on main street and talking in ways that central bankers don t normally about the importance of regulation going forward. you ve got a big piece in the magazine about spike jones,
let s talk janet yellen and her realm of influence. why are some people saying she could be the most powerful woman in the world? well, they re saying she s the most qualified fed chief nominee ever. wow. this is a woman who had all kinds of really great jobs. very well respected. interesting that when she started working at the fed, she went and ate with everybody else in the fed cafeteria where she met her husband, by the way, instead of in the executive dining room like people in her position did before. she s someone who is really relatable, very smart, very smart, i mean, really smart. and she is someone everyone likes. this is someone who i think is going to continue the policies of ben bernanke and is probably going to be the most powerful woman in the world because she s going to have to unwind all of the stimulus into the economy. that s going to be tricky. she s going to be the one doing it. it s interesting, you talk about she went to the cafeteria and listened. that