Interest in filling campaign coffers? (Just a guess) Nancy Breen NIH ---------- From: pen-l Subject: [PEN-L:1639] The Fed Date: Friday, December 01, 1995 7:58AM Lately I've noticed statements by members of the Fed and the Clinton administration expressing puzzlement as to why wages remain low, especially compared to improvements in productivity. Aren't these the same folks who just a few months ago were releasing statements about how they needed to raise interest rates to put the lid on wage pressure? (rhetorical question). What accounts for this loss of memory and public expression of puzzlement? ellen Ellen J. Dannin California Western School of Law 225 Cedar Street San Diego, CA 92101 Phone: 619-525-1449 Fax: 619-696-9999
