Fed’s Bernanke gives words of warning on fiscal cliff
This final note on the way out, a warning to Congress from the guy who invented the term “fiscal cliff.”
Ben Bernanke gave a speech in New York today in which he said, among other things, that worries about said cliff are already starting to affect the economy and that — perhaps more troubling — the Fed can’t really do all that much about it.
Get your act together, in other words.
Congress, by the way? Home for Thanksgiving.
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