Articles tagged with: Ben Bernanke
Chairman Bernanke’s Words of Warning
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Federal Reserve Chairman, Ben Bernanke, during a rarely-held interview with the media was unusually candid about the future of the U.S. economy. His remarks were precipitated by a widely held misunderstanding among many Americans concerning The Fed’s intention to inject $800 billion into the economy. In a time of burgeoning federal deficits and an ever-increasing level of U.S. …
High Unemployment Will Dog 2010
There is little doubt that continued high unemployment rates will have a major impact on the 2010 mid-term elections, and may hamper Obama’s ability to accomplish other major campaign initiatives. The truth of the matter is that there is very little the Obama Administration (or any administration) can do to effect the economy in any significant way without changing the American capitalistic system.
