Understanding the ins and outs of the United States economic woes of late isn’t exactly my strong suit. I get the basic concepts, but I’m not claiming to be much of an economic expert. This picture is definitely the best I’ve seen to date in describing the recent turmoil:
Yes, that is Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke in the foreground.
In other economic related news, Gov. Jodi Rell of Connecticut (that’d be my governor now) said:
When the markets and Wall St. seem to be in flux and the state budget is extremely tight, we’re going to have to make the most of every learning opportunity that’s out there.
Hmmm…that sounds an awful lot like, “Education isn’t going to get much funding in the future, so start figuring out how to run a school on a shoestring budget.”
Considering many economic-related stories have been using descriptors like “unprecedented” and “first time since the 1930′s,” perhaps that’s the least of our worries.
Jodi Rell quote via WSHU public radio