John Irons's Blog


Economic News, Data and Analysis

Note: For future reference

Critical U.S. Supply Line Is Disrupted
Ben S. Bernanke, chairman of President Bush’s Council of Economic Advisers, acknowledged that the hurricane will cause economic distress but predicted in an interview on CNBC yesterday that those effects will not be long-lasting. “My guess is though that as long as we find that the energy impact is only temporary, and there is no permanent damage to the infrastructure . . . the effects in the overall economy will be fairly modest,” Bernanke said.


Filed under: Economy

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s



%d bloggers like this: