HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Federal Reserve Vice Chai...
Introducing Discussionist: A new forum by the creators of DU

Mon Feb 11, 2013, 02:59 PM

Federal Reserve Vice Chair Excoriates Congress For Failing To Boost The Economy

After passage of the 2009 economic stimulus package, which helped save or create millions of jobs, Congress all but gave up providing support to the labor market. Instead, in the last two years, the nation’s deficits have been reduced by $2.5 trillion, with the overwhelming majority coming from spending cuts.

In a speech today, Federal Reserve Vice Chair Janet Yellen took policymakers to task for failing to provide support for the economy, noting that spending cuts have been a “headwind for the recovery“


MORE...

http://thinkprogress.org/economy/2013/02/11/1571451/yellen-congress-kills-recovery/

1 replies, 313 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply Federal Reserve Vice Chair Excoriates Congress For Failing To Boost The Economy (Original post)
ProfessionalLeftist Feb 2013 OP
Uncle Joe Feb 2013 #1

Response to ProfessionalLeftist (Original post)

Mon Feb 11, 2013, 03:00 PM

1. Kicked and recommended.

Thanks for the thread, ProfessionalLeftist.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread