We also have aggressively pursued monetary policy actions and have provided liquidity to help restore stability to the financial system and support the flow of credit to households and businesses. It will take time for the banking industry to fully recover and to serve as a source of strength for the real economy.
In particular, competency in mathematics - both in numerical manipulation and in understanding its conceptual foundations - enhances a person's ability to handle the more ambiguous and qualitative relationships that dominate our day-to-day decisionmaking. For example, through an understanding of compounding interest, one can appreciate the cumulative benefit of routine saving.