I was reading about the state of the economy yesterday, and came across two conflicting news articles.
The first article I read had Ben Bernanke (Fed Reserve Chairman) saying that things are not all well yet – “including the high rate of unemployment…” and then in another article Timothy Geithner (US Secretary of Treasury) says that the economy “is showing signs that companies are starting to hire more workers as the recovery strengthens.”
I should note that Bernie’s article was posted at 11:15am EST and Timmy’s at 5:01pm EST…maybe in the span of 6 or so hours, the economy starting showing positive signs?
Filed under: Business, Finance, Politics, Ben Bernanke, economy, Federal Reserve, Timothy Geithner, unemployment, US Secretary of Treasury