4 votes

Are You Happy? Ben Bernanke Wants to Know

WASHINGTON (AP) - Ben Bernanke wants to know if you are happy.


The Federal Reserve chairman said Monday that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment high. Economics isn't just about money and material benefits, Bernanke said. It is also about understanding and promoting "the enhancement of well-being."

Bernanke and Fed policymakers rely on reports on hiring, consumer spending and other economic data when making high-stakes decisions about the $15 trillion U.S. economy. The Fed's dual mandate is to maintain low inflation and full employment.

"We should seek better and more-direct measurements of economic well-being," Bernanke said Monday in a video-taped speech shown to a conference of economists and statisticians in Cambridge, Mass. After all, promoting well-being is "the ultimate objective of our policy decisions."

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Not surprising

They already control your life, and they are in the process of controlling your liberty. It makes sense that they'd like to get a head start on your pursuit of happiness as well.

Well I do feel cheated

I did not get my bailout. You only told your friends about being able to turn in as many Tax Returns as they wanted and you would give them 700 refunds using the same address. And all my stocks on good days hit a glass ceiling for 4 hours.And when things go down its always in pre-market were i can't do anything to get out.

reedr3v's picture

Awww, Ben and his Ivory Tower comrades

rrreally care about the little folk they keep down so far below.

LittleWing's picture

Yep, A new height of arrogance

One Nation Under Debt With Endless Debt Slavery For All!!!


You should be happy you have a worthless mortgage, GMO food and Tee Veee!!

If Wars Can Be Started by Lies, They Can Be Stopped By Truth.

Won't be happy until the Ben Bernank obtains a job for which

he is qualified, so I'm not holding my breath.