Plosser on monetary policy

Philadelphia Fed President Charles Plosser (also former dean at Rochester's Simon Business School) is interviewed in today's WSJ about monetary policy.  Plosser is a QE2 skeptic:

You can't change the carpenter into a nurse easily, and you can't change the mortgage broker into a computer expert in a manufacturing plant very easily. Eventually that stuff will sort itself out. People will be retrained and they'll find jobs in other industries. But monetary policy can't retrain people. Monetary policy can't fix those problems.