Вernanke urges more help from congress.

while the people arnt

it looks like their plan is working

Bernanke said the successful emerging economies such as china had adopted disciplined budjet policies, embraced free trade, made public investments and supported education. Re-learn a few lessons from fast-growing developing nations.

China is on the verge of their own recession.


‘Western prosperity fading, China facing recession’

China represents “one of the biggest worries,” and the country is “on the verge of recession as well.”

“China has a huge asset bubble,” he said. “Its property market has gone through the roof. It has had an incredible explosion in lending in the course of the last two years to try and keep the economy growing. And I actually think that China is on the verge of a recession as well.”

http://rt.com/news/china-recession-patrick-country-075/

World wide recession is a hard thing to over come and we haven't done it yet.

Bernake wants more government involvement in employment. Hell, the repubs in congress won't let his (Obama's)little job act go through. How in the hell does he expect more government money and energy to go there.