Imagine how we feel

From Forbes: Bernanke Admits He’s Clueless On Economy’s Soft Patch:

[…] With markets at a crossroads, amid a cooling economic recovery and a dangerous Greek crisis threatening the euro and the global economy, reporters grilled Bernanke and asked many of the right questions.

Brutally honest, Bernanke admitted that he had no clue what was actually causing the current fragility in the U.S. economic recovery. While the FOMC statement assigned blame outside of the U.S., pointing at Japan along with rising food and oil prices, Bernanke was put on the spot by a reporter who noted the inconsistency behind that explanation and a lowering of long term forecasts. Bernanke took the hit, admitting only some of the factors were temporary and that he didn’t know exactly what was causing the slowdown, but that it would persist. “Growth,” said Bernanke, “will return into 2012.” […]

No it won’t, unless you unleash the economy with lower taxes and no ObamaCare…

5 thoughts on “Imagine how we feel”

  1. At least we have a top member of this administration that finally has the balls to admit that he has no clue what’s happening with the economy. If only his boss (regardless of his much touted Harvard degree) would admit to the same ineptitude.

    If only they would get a clue and understand that the Socialist economic model they have been imposing to our country’s economy doesn’t (and will never)work.

    Unfortunately they’re too clueless for that…

    I don’t know whether to puke or explode with anger witnessing the direction that our country is being taken by these “clueless” characters while the MSM paints them as “highly qualified” individuals to hold office.

    I say we need to remove this “clueless” administration from office next year before they complete America’s destruction.

    • The Fed Chairman is not a member of the Administration; he is outside and above the administration. This is why he can say the things he says without fear of reprisals or sacking.

  2. This administration is not clueless. They know exactly what they are doing and know they probably won’t have a second term so they have to accomplish as much destruction as they can while they can.
    Do not call them clueless. Do not even think it.
    The clueless ones are the liberals who still will never believe that this mess is Obama and company’s fault.

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