Yellen to Rep. Ellison: ‘We Could Use Some Help’ from Congress Stimulating Economy

RUSH TRANSCRIPT:
YELLEN: "I can’t give you a detailed assessment, but I certainly would agree that productivity growth has been very weak. We have had a shortage of invest men. That’s one reason productivity growth has been so meager and generally having a stronger rate U of investment. There are other things as well. Education and training make a difference here and supporting research and development. But those would contribute to stronger productivity growth and faster wage growth."