Bernanke Appointment and Laid-Off Abyss
Politicians, economists, and the Wall Street crowd expressed support for President Obama’s decision to appoint Ben Bernanke to another term as chairman of the Federal Reserve. Though some say that Bernanke will have to undo things he’s already done during this next term. People in the know give Bernanke good marks and see his reappointment as another step that will keep our economy moving toward recovery.
There’s another group in the know. They are laid off workers who are close to running out of unemployment benefits. They can’t find a regular job. They’re doing whatever they can to make ends meet. Bernanke’s reappointment has done nothing to eliminate the abyss moving closer to these laid off workers every day.
The Bernanke reappointment and the laid-off workers abyss demonstrate the extremely different worlds we’re living in today.








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