Bernanke says 4 or 5 years until unemployment returns to normal

from The Right Scoop by therightscoop


Bernanke says 4 or 5 years until unemployment returns to normal: "The head of the Fed tells 60 minutes that unemployment ‘just isn’t going down’ and that it could be 4 to 5 years before it returns to normal and all the jobs we lost return. Seems that this would be a perfect time for a follow-up asking why jobs aren’t returning, don’t you think? Oh [...]"