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Tuesday, November 20, 2012

Could it be? I am right in what I have been saying? He forgot to add the burden of paying for entitlement spending.

http://blogs.wsj.com/economics/2012/11/20/gloomy-ben-bernanke-says-great-recession-reduced-u-s-potential-growth-rate/

1 comment:

EconTurkey said...

You know good & well FRB members don't "forget" to say anything in prepared remarks.

I'm amused by the Chairman's emphasis on employment in these remarks, yet he & his colleagues @ the FOMC have ignored that side of their dual mandate for nearly half a decade now.