"It's really kind of like being caught in a traffic jam, where for many people - although we've moved forward and sort of seeing things free up a bit in recent months - some people's engines and their batteries are just dying out and they're being left behind in that traffic jam," Swonk said.
She warned that trouble overseas, both in European financial policy and in potential conflict with Iran, were "very serious concerns," while also citing "political uncertainty" as a negative factor limiting long-term economic reforms.
"It's really kind of like being caught in a traffic jam, where for many people - although we've moved forward and sort of seeing things free up a bit in recent months - some people's engines and their batteries are just dying out and they're being left behind in that traffic jam," Swonk said.
ReplyDeleteShe warned that trouble overseas, both in European financial policy and in potential conflict with Iran, were "very serious concerns," while also citing "political uncertainty" as a negative factor limiting long-term economic reforms.