Bernanke said Obama's policies do not support a recovery and this is why
a 8% payroll tax kills job growth. So what is working, CEOs are at the ready on the layoff button. Move into the red, layoffs its plain and simple. Obama has not done anything for corporate America or the unemployment rate. The phoney numbers coming out of the gov on UE rate is due to the fact many have stopped looking and many have run out of benefits. Those people are not counted but of course nobody is going to tell us that. Obama is a job killer. Give credit where credit is due, CEOs.
Wait until Obamacare hits in 2014 along with all of its unintended consequences. There will be a redistribution recession. Obama will blame congress and the republicans for not enacting his current jobs bill. Everything is planned and calculated for some future failure.
when Bernanke said what he said, he meant any thing Obama has planned. Obama can't get Democrats to vote for his jobs plan. it stinks, its all a farce, Obama is not about the economy he is about Social Change