It isn’t often you hear a Fed Chairman be quite so direct. Or sound so desperate. It’s a little unsettling.
Ben Bernanke is asking for help. Hell, he’s practically begging for help. It’s unlikely he’s going to get it.
With respect to the current economy we are currently continuing our accommodative monetary policy. We are trying to do our best to support economic growth and job creation. It would be helpful if we could get assistance from some other parts of the government to work with us to help create more jobs.
Kevin Drum cooked up a handy little chart to track the escalating Fed utterances.
Gee, who do you suppose Bernanke’s talking about here? These guys, perhaps?
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