Bernanke On 60 Minutes

8:49 pm EST March 15th, 2009 | News | 1 Comment

Federal Reserve chairman Ben Bernanke appeared on 60 Minutes and made news by saying he thinks the recession would end this year
Video: Ben Bernanke On Sixty Minutes Part 1

Video: Ben Bernanke On Sixty Minutes Part 2

Topic: Economy

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One Response to “Bernanke On 60 Minutes”

william says:

March 16, 2009 at 8:08 am

The economy is fundamentally sound despite the temporary “mess” it’s in, the White House said Sunday in the kind of upbeat assessment that Barack Obama had mocked as a presidential candidate. …

During the fall campaign, Obama relentlessly criticized his Republican opponent, Sen. John McCain, for declaring, “The fundamentals of our economy are strong.” Obama’s team painted the veteran senator as out of touch and failing to grasp the challenges facing the country.

But on Sunday, that optimistic message came from economic adviser Christina Romer. When asked during an appearance on NBC’s “Meet the Press” if the fundamentals of the economy were sound, she replied: “Of course they are sound.”

LOL. Epic FAIL again.