Thinkprogress:
In the Wall Street Journal forecasting survey released today, economists gave Federal Reserve Chairman Ben Bernanke “the lowest grade of his two-year tenure — 75 out of 100 points — and said it was increasingly likely the nation’s economy would tumble into a recession.” On average, participating economists “put the odds of a recession at 49%, up from 40% in the January survey and 23% last June.”
2 comments:
How is this a surprise? He is also on his last term.
Ben, Gates, Petraeus and others were appointed to do as they are told and that's just what they've done. Now Ben didn't know what the hell was going on only he had the top job and the White House would tell him what to say. It's been down hill from their. Ben can't even act like he knows anything. He looks like someone's assistant not a leader. I laugh when he tries to explain the problem, he ends up not understanding what he said himself.
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