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Jul 15, 2008 | Posted by: Mr_Bill

Bernanke's Dour Message

Full story: www.businessweek.com

The Fed chief says the economy should improve "gradually" over the next two years, but warns of "considerable uncertainty" about that outlook by BusinessWeek, Standard & Poor's, and Action Economics staff Amid ...

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Dajokerman

“Smart@ss”

Joined: Dec 17, 2007

Comments: 1267

Defense of the middle class

ISP: Los Angeles, CA

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#1
Jul 15, 2008
 

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America is in for some hard times.
Lance Winslow

Fremont, CA

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#2
Jul 16, 2008
 
Unlike Bernanke's past revelations, this one let some truth and reality slip in.
DavidInLA

“Did They Really?”

Joined: Jul 2, 2008

Comments: 36

Los Angeles

ISP: Granada Hills, CA

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#3
Jul 16, 2008
 

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Bernanke is just figuring out that printing money for bail outs and stimulus gifts along with low interest rates equal high inflation. I think they taught that in first year macroeconomics.
death and taxes

Sebastian, FL

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#4
Jul 16, 2008
 
I think they refer to it as "Reaganomics" because Reagan failed at it and he really must have messed it up severely because, it didn't work then and it hasn't worked since.
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