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Old 06-26-2011, 06:00 AM   #22
scottw
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Forecasts for Growth Drop, Some Sharply
Published: Saturday, 25 Jun 2011 | 9:33 AM The New York Times

A drumbeat of disappointing data about consumer behavior, factory sales and weak hiring in recent weeks has prompted economists to ratchet down their 2011 economic forecasts to as little as half what they expected at the beginning of the year.

BUT DON'T WORRY

Bernanke May Try Spurring Economy by Prolonging Stimulus By Joshua Zumbrun and Steve Matthews - Jun 21, 2011 6:23 AM ET

Fed Chief Bernanke Leaves Door Open to Easing If Economy Weakens Further By Scott Lanman and Jeannine Aversa - Jun 23, 2011 12:00 AM ET .

.Federal Reserve Chairman Ben S. Bernanke left the door open to a fresh shot of monetary stimulus should the economic rebound he’s predicting fail to materialize.


Insanity: doing the same thing over and over again and expecting different results.
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