Bernake's Speech

    Posted by mdundon on 26th of Aug 2011 at 11:58 am

    http://news.yahoo.com/ben-bernankes-jackson-hole-speech-140413491.html

    Well to me it seems more of the same.  Things have improved, but not much. The global financial crisis and the housing market problems were worse than realized.  Inflation will grow about 2%. 

    They still have a few tools up their sleeves.

    Financial Policy makers need to get their act together, they need new revenue and taxes.  Things will spin out of control if they don't.  Healthcare costs and an aging population continues to be a huge risk to the country.

    I just scanned the article, I'm not an economics person so I may have missed a few things......

    your right..your not an economic person

    Posted by zach06 on 26th of Aug 2011 at 12:19 pm
    Title: click to expand

    Roosevelt raised taxes in the

    Posted by chrshale on 26th of Aug 2011 at 12:04 pm

    Roosevelt raised taxes in the face of a weak recovery, brought us the depression. Might be best to leave political views at the door.

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