Who's the Funniest Fed Governor?

The Fed recently released the transcripts from its 2004 Federal Open Market Committee meetings (complete with “laughter” notes), and the Wall Street Journal has declared David Stockton the first annual “Funny Self-Deprecating Fed Economist.” One of his best lines: “I suspect that for many current and former New Englanders, the stirring victory of the Boston Red Sox last month gave hope to other long-deferred dreams. In my case, I mused that if the Red Sox could come from behind to beat the Yankees and then sweep the World Series, wasn’t it possible for the staff one day to get the near-term employment forecast right? [Laughter].”[%comments]