"In some of the governorates, have not a single member working, without any source of income, which is in turn having a huge impact on their ability to afford rented accommodation and their ability to buy food in a country where the public distribution system is failing quite badly,".

VOA: standard.2009.09.20

The Committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

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This strategy of accommodation without unity of purpose is what Italians call trasformismo, an ethos that was still alive and well in 1983, when the Socialist leader Bettino Craxi was invited to become Prime Minister, despite the fact that his party was only a minor partner in the mainly Christian Democrat coalition.

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The fears turned out to be totally without merit, but the accommodation by the Fed caused the NASDAQ Composite to move up 86% to 5100 in six months.

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