Comments on: Fed Chairman Bernanke Says Recession ‘Very Likely Over’ http://wallstreetpit.com/10387-fed-chairman-bernanke-says-recession-very-likely-over Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Frank Fitton http://wallstreetpit.com/10387-fed-chairman-bernanke-says-recession-very-likely-over#comment-64720 Frank Fitton Wed, 16 Sep 2009 18:42:12 +0000 http://wallstreetpit.com/?p=10387#comment-64720 I applaud Mr. Bernanke for these comments. That applause is due whether he honestly believes what he’s saying or not. By Bernanke making these comments I think that it will at least ease people’s fears and possibly encourage optimism. That alone could help contribute to our climb out of the recession. I think a whole lot of what determines how long the recession lasts, is people’s attitudes to it. Its a simple fact that we need people to be out spending money to stimulate our economy. People that feel that the recession is going to go on forever are not going to be saving any money they may have, their going to hoard it which will not contribute to our recovery in anyway. Check out my blog on Bernanke's assertion at ..... http://www.thedebtgazette.com/2009/09/bernanke-recession-over/ I applaud Mr. Bernanke for these comments. That applause is due whether he honestly believes what he’s saying or not. By Bernanke making these comments I think that it will at least ease people’s fears and possibly encourage optimism. That alone could help contribute to our climb out of the recession. I think a whole lot of what determines how long the recession lasts, is people’s attitudes to it. Its a simple fact that we need people to be out spending money to stimulate our economy. People that feel that the recession is going to go on forever are not going to be saving any money they may have, their going to hoard it which will not contribute to our recovery in anyway.

Check out my blog on Bernanke’s assertion at ….. http://www.thedebtgazette.com/2009/09/bernanke-recession-over/

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