Ben Bernanke wants to know,Are you happy?

Discussion in 'Economy' started by Nova78, Aug 6, 2012.

  1. Nova78
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    Nova78 Silver Member

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    Are you happy? Ben Bernanke wants to know | Comcast

    The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Economics isn't just about money and material benefits, Bernanke said. It is also about understanding and promoting "the enhancement of well-being."

    Bernanke acknowledged that many people aren't too happy right now. Unemployment rose in July to 8.3 percent, and economic growth has slowed sharply from the start of the year. He called the recovery "frustratingly slow" when he testified to Congress on July 17.
    In that speech, he said research has found that once basic material needs are met, more wealth doesn't necessarily make people happier.

    His speech Monday was the latest foray into a relatively new specialty in economics known as "happiness studies." Bernanke attracted widespread notice when he spoke about the economics of happiness in a May 2010 commencement address at the University of South Carolina.




    Most Americans our not ,if you work for the government ,I guess you are .....we are in deep shit.....

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    $Barack-Obama-With-Members-Of-His-Administration-440x293.jpg
     
    Last edited: Aug 6, 2012
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Ben Bernanke needs to do the "Perp Walk". Why isn't his ass in jail? Oh yeah, because Bankers like him OWN this country.
     
  3. DSGE
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    DSGE VIP Member

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    I'm sorry, what crime do you think he's committed? :eusa_eh:
     
  4. Avorysuds
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    Avorysuds Gold Member

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    Like the federal reserve it acts outside of laws, that's the problem. How do you get someone in trouble for destroying wealth, for handing out cash to friends and helping create bubble after bubble after bubble? Of course there are no laws that he is breaking, congress and much of the rest of the worlds political figures personally make billions off the Fed.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny still wonderin' when dey gonna send dat check fer the 2nd stimulus...
    :eusa_eh:
    Bernanke: Fed Ready For Forceful Action To Aid Recovery
    Friday, August 31, 2012 - At the Jackson Hole economic summit, Federal Reserve Chairman Ben Bernanke used uncharacteristically direct language to suggest the Fed could soon act to bolster growth and lower unemployment.

     
  6. Moonglow
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    Moonglow Diamond Member

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    I'm happy, working full time and making money. I run my own business.
     
  7. Moonglow
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    Moonglow Diamond Member

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    There are 276 thousand fewer govt. workers than in the year of 1985.
     
    Last edited: Sep 2, 2012
  8. Moonglow
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    Moonglow Diamond Member

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    RWer's myth about over paid govt. worker

    FactCheck.org : Are Federal Workers Overpaid?
     
  9. Rozman
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    Rozman Gold Member Supporting Member

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    Did someone say stimulus?....
    All that free government cash!!!!

    Where did it come from?...Who cares...it's government money...It's Obama's money...Now my rent is gonna be paid,all my bills gonna be paid...Yeh government money...I love it..
     
  10. Moonglow
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    Moonglow Diamond Member

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    I sure like my Bush stimulus checks, but it's bad if Bernacke says so. hell they haven't even descussed the details yet.
     

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