By John W. Lillpop
Speaking before the Congressional Joint Economic Committee earlier in the week, Federal Reserve Chairman Ben Bernanke caused a tsunami of headaches and pain throughout America, especially among those in the Obama administration, when he declared that the economic recovery “is close to faltering.”
‘Close to faltering’ sounds simply awful, particularly coming from an educated economist with (presumably) no political ax to grind, and a man who has enormous influence on America’s economic policies.
On the other hand, we have DNC Chair Debbie Wasserman Schultz from Florida whose mission in life is to pump up the image of Barack Obama which, these days, requires one to completely ignore the facts and the entirety of current reality; a desperate act of mindless deceit for which Wasserman-Schultz is uniquely qualified.
She confirmed the fact that she lives in a state of perpetual denial when she said that, “anyone can see that the economy is improving.”
Anyone, that is, except for Ben Bernanke!
Whom to trust: Ben Bernanke or the biased flame thrower from Florida, Debbie Wasserman Schultz?