Federal Reserve Chairman Ben Bernanke issued a statement this morning acknowledging that many people and businesses are facing tough times despite the fact that many of the broad measurements of the economy point to a slow recovery. "Even though some key aggregate metrics—including consumer spending, disposable income, household net worth, and debt service payments—have moved in the direction of recovery, it is clear that many individuals and households continue to struggle with difficult economic and financial conditions," he says in a prepared text.
Gee Ben, YA THINK!
John Broussard
Assistant State Treasurer
Chief Investment Officer
State of Louisiana
Department of the Treasury
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