Just as this administration has a habit of downgrading every GDP quarter, not they're downgrading the whole darn outlook...

Federal Reserve: Unemployment to stay high

Remember when Obama touted 2010 as "the summer of recovery"?...

Here we are two years later...Nothin'...

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"You get the respect that you give" - cnredd

"Underlying all this, of course, is the fact that the outlook has changed," Bernanke said.

"Like many other forecasters, the Federal Reserve was too optimistic early in the recovery."


Anyone else get the feeling that we are being set up for another "stimulus".....?


I think I've seen this movie before......

Are you telling us that an OA projection was revised towards the negative??? For some reason I feel like this has happened somewhere else.....

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Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

Leftists and very small children don't seem to be able to understand that the Government isn't there to "fix" the economy, anymore than a tick is there to fix your dog.~Oftencold

Some say that this go-round will be even worse than before, because people have been over-optimistic.

I've still got my hipwaders on from the last time.....

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"Try and fathom the hypocrisy of a Government that requires every citizen to prove they are insured, but not everyone must prove they are a citizen".

Yep, It's the same ole song........................

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Courtesy of Swissman

A gun in the hands of a free man frightens and angers the autocrat, not because he fears the power of the gun, but, rather, the spirit of the man who holds it.

ANONYMOUS