Skip to comments.Bernanke says unemployment hasn't improved enough to slow stimulus
Posted on 09/18/2013 1:49:38 PM PDT by BenLurkin
"The unemployment rate is not necessarily a great measure in all circumstances of the state of the labor market overall," Bernanke said
(Excerpt) Read more at latimes.com ...
More excuses for inflation.
He’ll never cite the cause, will he? Excessive taxation and regulation at the federal level?
Shave a few million off each week to dazzle the public and media. Problem solved. Nobody ever asks for real information. LIV's don't need no stinkin information.
BTW, someone at the Whitehut focus grouped the word dazzle as it relates to Obama. So look for the word “Dazzle, dazzling, bedazzled,” and it’s offshoots like pizazz, charisma, and charm.
Why not have the true Republicans require a BINDING, updated, Federal Financial Impact Statement for 2012-2013 for Obamacare?
It should take a month or two to complete, allow for a vote to delay Obamacare for a year, and then show the great financial harm to our Economy that the Statements numbers will document.
Wharton, Stanford, Michigan and Princeton could also file their independent Financial Impact Statements to compare to the Office of Budget and the Congressional Budget Office Financial Impact Statements.
As B. Hussein is fond of saying: We need to get all the facts first.
Fake White Indian 1
“I need more cowbell!”
Because it’s worked so well so far.
Translation: What we’re doing isn’t working and will result in more financial chaos and economic destruction... so QE must continue.
Uh, the stimulus is being used to fund unemployment payments, Social Security disability payments for healthy people who have run out of unemployment insurance payments, and Welfare System EBT entitlements.
More stimulus will never reduce the unemployment rate because it currently is being used to prevent economic recovery and to lock unemployed into government dependency via our social welfare system.
Someone please tell Bernanke that his Wall Street buddies are as employed as they are going to get. He is killing us with this crap.
Bernanke is lying through his teeth. The ONLY purpose behind this massive increase in the money supply (and devaluation of our currency) is to fund government deficit spending. This has nothing at all to do with economic growth. If they really wanted economic growth, then they wouldn’t be giving that money to the one entity in this world that cannot create wealth - government.
So Bernanke is, basically, admitting that Oboingo’s claims that the economy is improving are horsecrap?
Someone alert CNN!
DEFUND/DISMANTLE the FED/IRS. They and members of congress have caused enough damage to the republic.
the EMPLOYMENT rate is a better measure..