Political Quotes

On the recordDecember 2, 2009
Well, it is technically a recovery in that it is growing and that we are no longer declining, but it is certainly not a satisfactory situation since we have a 10-percent unemployment rate.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke describes the economy as recovering but still unsatisfactory due to high unemployment.

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More from Ben Bernanke

Jul 16, 2013

I agree with your analysis of GSEs.

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Feb 24, 2015

the unemployment rate right now is not a very good measure by itself of the economy.

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May 21, 2013

I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.

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Dec 2, 2015

the worst financial crisis in global history, including the Great Depression.

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