Friday, January 14, 2011

Economic Outlook for 2011: Bernanke, Bair, Warner and Bell













Top regulators talk to the Small (Weak?) Business Forum. Some interesting points:

Bernanke (FED): The problem with the economy currently is weak demand (not excessive taxes?).

Bair (FDIC): One-fourth of small business finance themselves with home equity loans and home equity values are in the tank.

Warner (D-VA): The American consumer can't carry the entire recovery on their back. We need exports.

Bell (US Chamber of Commerce): Business uncertainty, too much government, blah, blah, blah.

No comments:

Post a Comment