Bernanke: Recession hit lower-income people most

by Guest Sat Apr 30, 2011 11:13 am

The recession officially ended two years ago. Bernanke said the national economy is growing at a moderate pace and that job creation is gradually improving, repeating comments he made earlier this week at a news conference after the Fed's policy meeting.

But the unemployment rate remains high. For many poor and working-class Americans, it doesn't feel like a recovery.

"Our economy is far from where we would like it to be, and many people and neighborhoods are in danger of being left behind," Bernanke said.

http://finance.yahoo.com/news/Bernanke-Recession-hit-apf-903773241.html?x=0

by gettheminNOVEMBER Sat Apr 30, 2011 11:57 am

Really? I thought Bankers, CEOs and the Oil jerkoffs were hurting?? Razz

by **Jobless_in_Ma** Sat Apr 30, 2011 12:08 pm

I know huh. It didnt take a rocket scientist to figure this one out.

by Guest Sat Apr 30, 2011 12:29 pm

Rep. Denny Rehberg, the Congressman who blocked HR 589 when it was introduced in the House by Rep. Barbara Lee:

23rd Richest Member Of Congress: I'm 'Struggling Like Everyone Else'
Bernanke: Recession hit lower-income people most 4017630560

Bernanke: Recession hit lower-income people most 4017630560

Poor Guy!!!

http://dscc.me/PcP1

by gettheminNOVEMBER Sat Apr 30, 2011 12:33 pm

DesperateInRI wrote:Rep. Denny Rehberg, the Congressman who blocked HR 589 when it was introduced in the House by Rep. Barbara Lee:

23rd Richest Member Of Congress: I'm 'Struggling Like Everyone Else'
Poor Guy!!!

http://dscc.me/PcP1

God will not forgive him I promise one day he will feel all of our pain forever!

by Guest Sat Apr 30, 2011 12:44 pm

I'm glad hes come to that realization, but its now too late for that for many. OUR CREDIT IS SHOT!! Cant get a loan without a JOB AND CREDIT!! MAD

by Guest Sat Apr 30, 2011 12:47 pm

gettheminNOVEMBER wrote:
DesperateInRI wrote:Rep. Denny Rehberg, the Congressman who blocked HR 589 when it was introduced in the House by Rep. Barbara Lee:

23rd Richest Member Of Congress: I'm 'Struggling Like Everyone Else'
Poor Guy!!!

http://dscc.me/PcP1

God will not forgive him I promise one day he will feel all of our pain forever!

HE'S STRUGGLING?? HE HAS NO IDEA WHAT STRUGGLING IS!!!! Bernanke: Recession hit lower-income people most 86524

by Guest Sat Apr 30, 2011 12:51 pm

Why does the Federal Reserve Chairman still have his job if he is just now figuring this out? I think my four year old nephew could have told him this! Rolling Eyes

by **Jobless_in_Ma** Sat Apr 30, 2011 2:53 pm

What a complete joke. The guys a millionaire, what an insult to hear him say hes hurting like everyone else.

by Guest Sat Apr 30, 2011 2:56 pm

Sick & Tired wrote:I'm glad hes come to that realization, but its now too late for that for many. OUR CREDIT IS SHOT!! Cant get a loan without a JOB AND CREDIT!!