Speeches

What a day. Here’s the gist of the speeches for today:

Bernanke reiterated he has a few tricks left in his hat but isn’t specifying what kind of tricks or if he’ll use them yet to foster economic growth.  Pretty much saying we’ll do the appropriate thing at the appropriate time but not doing anything at the moment. 

Obama proposed a $447 billion jobs package which included:

Preventing local government layoffs

Infrastructure spending

Unemployment insurance extension

Payroll tax cuts

Tax credits for long term unemployment

...Oh ya and this plan is “paid for”