Ben Bernanke: Economy 'Appears to Be on Track' Despite Debt Crisis

I think Bernanke might be underestimating the European crisis. Did he factor in the oil spill, international tensions, or the end of the Bush tax cuts next year? There is an article on Reuters published today about the World Bank proclaiming the possibility of a double dip recession. Bernanke himself said it could not be ruled out in the US.

Bernanke is one of the good ol boys bringing down the US. He should spend time with madoff. they belong together.

Did the great Bernanke make a statement? Does anyone remember Greenspan and the yellow brick road he took us down? I bet some will actually make an investment based on the great Bernanke's message.

When Mr.(s) Bernake, Obama, and Biden make these straight face pronouncements about how great the economy is becoming,in spite of the facts, you wonder if they are living on the same planet.

The best thing Bernanke could have advised congress....."defund all programs that were passed into law since 2009,return all tarp and stimulus money to Treasure and cancel all tax increases.P

ben bernanke, larry summers, tim geither & henry paulson are the four horsemen of the financial apocalypse as long as their in charge our economy is doomed to destruction.our congress is broken so badly that these's guy couldent fix a flat tire.we need to change what's going on at the ballot box by electing people that understand we dont care who they think is responsible we want the problems fixed.

I guess we'll just have to see if the newly elected will have new ideas. Chances are, they'll be asking the incumbents what to do, vote for or say. Hmm, Scott Brown comes to mind.

Is this guy for real , With this unsustainable spending and debt he says this. We are not fools and no one is going to tell me that we are not in serious trouble. This President and this Democratic majority run Congress are destroying this nation right before our eyes . We are in the disaster mode period !

Chuck ! Bush doubled the deficit...and Obama is doubling the "double". Worst part is that most of this spending is being wasted and not contributing to making the country or economy healthier. The deficit in threatening your future and that of your descendants. If you think Congress will wise up, then you must think it possible for politicians to be elected on the basis of less spending rather than more spending. Congress will not reduce spending since it fears riots similar to those in Greece, Spain and Italy. In two years, our deficit will exceed our GDP. While Bush created a house fire..... Obama not only did not put out the fire....he actually fueled it to the point that the whole neighborhood is now a blaze.

The headline should read correctly "Ben Bernanke: Economy 'Appears to Be on Track to Reach $13 Trillion' Debt Crisis Growing