Fed chair candidate Lindsey: The facts have changed since the recent labor data.

Fed chair candidate Lindsey: The facts have changed since the recent labor data.

• Has not been in touch with anyone recently on the position

• The facts have changed given the labor data
• The economy is moving along solidly
• Inflation is sort of under control.
• We have had $300 billion of deficit cuts in the span of two quarters.
• The deficit is sustainably lower than the last administration
  The fiscal hit is rather substantial
• I was surprised that the FOMC minutes did not address the deficit reduction.
• I do think we need more intellectual diversity on the board.