Bernanke Addresses Economic Impact Of Having No Senate Dem Budget Plan FOR OVER THREE YEARS .. (Video)

-Posted by D.C. Worth, for Barbay (France/US)

-He won't address Parliamentary decisions, but admits the negative effect that uncertainty plays upon the worsening of an economy...

WASHINGTON, February 7—Senate Budget Committee Member Ron Johnson (R-WI) asked Bernanke to share his thoughts on the economic consequences of Senate Democrats failure to offer a long-term budget plan for what will become the third consecutive year...
Video HT via RepRyan

So, what happens when Dem Majority consistently fails to release a Legally required budget...

-WH Underestimated 2012 Deficit by $769.5B--(or 138 %) #

Obama Admin boldly predicted that the federal deficit would decrease dramatically during Obama’s term, dropping from an estimated $1.841 trillion in fiscal 2009 to $557.4 billion in fiscal 2012....

But Obama’s fiscal 2010 budget proposal missed on its fiscal 2012 deficit prediction by $769.5 billion — an error of 138 percent. [Read]

Lefty Media interviews Conservative Leaders on "already known budget"; prior to its release; and then it becomes "Conservatives doombing Obama's success "mime"... Instead of the 138% budget error...

No comments:

Market Currents

Morning Stock Talk

Twitter / investment

Think Liberty... Support Small Businesses

Forbes Market News

European Politics

ECB | Euro foreign exchange reference rates

ECB - European Central Bank

Quick Video News




The DC Video

CNS News

CNS Headlines

I Hate The Media