MUDGE’S Musings
Distracting as the events of the day can be, when we get right down to it, the dire rumblings of our deteriorating economic state cannot be deflected for long.
Almost official
Last Thursday, our scholarly if modestly effective Chairman of the Federal Reserve, Ben Bernanke, finally said what he’s been hinting at for months: the economy hasn’t seen the floor yet.
5 Comments | 
Business, Economy, History, Politics | Tagged: bargaining power, Ben Bernanke, economic stimulus, Federal Reserve, foreclosures, inflation, interest rates, labor unions, Recession, Robert Reich, The Politics of Debt | 
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Posted by mudge
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