"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Bernanke Puzzled by Weak Consumer Spending
Submitted by Michael Kleen on Fri, 2011-09-09 01:00
in
Unbelievable - Federal Reserve Chairman Ben Bernanke said Thursday that he's surprised by how cautious consumers remain more than two years since the recession officially ended. But he offered no hints of further steps the Fed might take to try to boost the weak economy.
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