CONCERNED WITH DECISIVENESS

GRABS FROM AZ, BUT STILL




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, almost after the fact…



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Federal Reserve Chairman Ben Bernanke admitted that conservatives are lying…

That’s right, in his testimony to the House Financial Services Committee, Bernanke had an exchange with Independent Congressman Bernie Sanders (VT) where he admitted as much. Here’s the exchange:
SANDERS: Chairman Bernanke, should the Congress raise the minimum wage so that every worker in America who works 40 hours a week escapes from poverty? A very simple question, sir.
BERNANKE: I’m going to be an economist and give you the one hand, the other hand. On the minimum wage, it’s actually a very controversial issue among economists. Clearly, if you raise the minimum wage, then those workers who retain their jobs will get higher income and therefore it helps them. The concerns that some economists have raised about the minimum wage are first, is it as well targeted as it could be? That is, how much of the increase is going to the teenage children of suburban families, for example? And secondly, does it have any employment effects? That is, do higher wages lower employment of low-wage workers?
SANDERS: And your response is?
BERNANKE: My response is that I think it doesn’t lower employment.




Patriot Act renewal wins key vote with 3 opposed