Cue the spin from New York Times: The seven-year period since the end of the Great Recession has become one of the longest economic expansions in American history and, at the same time, one of the most disappointing. The Fed, in a statement announcing its decision, noted what had become a typical mix of good […]
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Speaking before a group of House Democrats in the Capitol, President Obama defended his former National Economic Council director Lawrence Summers from attacks by the liberal media that he isn’t fit to run the Federal Reserve. Summers and current Fed vice chairwoman Janet Yellen are considered to be the leading candidates to replace current chairman […]
Continue Reading6/16/2016 - Fed Reserve Board Faces Issues as U.S. Economy is Weak
8/1/2013 - Obama tells Dems “Not to Believe Everything You Read in The Huffington Post”