On Friday, Ben Bernanke delivered a speech at Jackson Hole, in which he either said something that was very good news, or alternatively, said something very disappointing and you should get used to eating cat food and stealing WiFi. But which is it? Very good or very disappointing? And how screwed are we? So many tough questions! But do not worry -- all questions will be answered because as always, your Wonkette is here to help! Herewith, a breakdown of Bernanke's Jackson Hole presentation, and exactly how it relates to you and how screwed you are and probably will keep being for awhile. OH AND HAPPY LABOR DAY.
ah fukui thank you! after this post, i was going to say "well good. i needed a reason to open a second bottle and blast the clash at my new grossly rich neighbors".
now i'm going to say "well good. i needed a reason to open a second bottle and blast the clash at my new grossly rich neighbors".
<i>Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said workers in his region of the U.S. lacked the skills that employers were looking for</i>
In particular, the skill of working for $1.25 an hour with no benefits.
Cat food? Phhttt! I wish.
My cats eat McDonalds like the rest of America. I had to rename them Fat and Gassy.
Are you in another time-zone, or just up really late/early?
Go nuts?
Could you work enough dog hair into a woven barrier to protect the economy, though? Because it sounds like cost-free options are the way to go.
ah fukui thank you! after this post, i was going to say &quot;well good. i needed a reason to open a second bottle and blast the clash at my new grossly rich neighbors&quot;.
now i&#039;m going to say &quot;well good. i needed a reason to open a second bottle and blast the clash at my new grossly rich neighbors&quot;.
<i>Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, said workers in his region of the U.S. lacked the skills that employers were looking for</i>
In particular, the skill of working for $1.25 an hour with no benefits.
At least not in this country.
That&#039;s funny...I refer to mine as a &quot;Qualitative Easing&quot;.
&quot;I was young, drunk and experimenting! &quot;
...and apparently throwing a hot dog down a hallway.
It&#039;ll be another year of giving everyone &quot;artwork&quot; for Christmas. Time to buy paper plates and Elmer&#039;s glue.
An actual argument I read from Star Hope this Sunday.
...I remember the last time I was in Jackson&#039;s hole. I was young, drunk and experimenting!
But, but-- if we don&#039;t spend money on clothing, then the stores and the textile workers and the freaking cotton growers --- AAIIIIEEEEE!
You&#039;re damn right, they stink on ice.
Ayn Rand was an economist, right? Sociologist? No? Wait...she&#039;s been dead for 30 years?
Oh, well, why the fuck is anyone listening to her?
A really awesome one built at 1/3 the cost using cheap American labor.