[lbo-talk] Bernanke Says Rising Wages Will Lift Spending

123hop at comcast.net 123hop at comcast.net
Tue Aug 3 21:09:49 PDT 2010


"The New York Times Headline Says It all. This beats Greenspan some of Greenspan's worst predictions.

http://www.nytimes.com/2010/08/03/business/economy/03fed.html?scp=2&sq=bernanke&st=cse "

Rising wages? That's a good one. I'm having my annual review soon, and my manager didn't even pretend there was any hope for a raise. And this after an 8% cut last year. And we're talking hi tech, where hiring continues.

Ha!

Joanna



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