Ben Bernanke actually said...

If you do not act in the next 2 weeks, we will have a global financial meltdown.

Bernanke warns of imminent financial collapse if action isn't taken quickly.

03/16/2011

More Ben Bernanke Quotes

They will get extra income.

The historical experience is that the labor market tends to lag the business cycle.

One of the last decisions businesses make is new employees and a commitment to new employees.

So if you raise taxes during a recession, you probably want to offset it with a tax cut elsewhere, for example.