The U.S. economy is likely to grow next year at a pace sufficient to bring down unemployment, but not as quickly as most would prefer, Federal Reserve Board Chairman Ben Bernanke said in a Dec. 7 speech to the Economic Club of Washington, D.C. Meanwhile, inflation appears likely to remain low for some time, he added.
Last week PBS provided great coverage on several of their news programs of the meeting President Obama has with community bankers. I think community bankers and small business people will find the following segment interesting.
Program: Nightly Business ReportEpisode: NBR for December 22, 2009Top stories include:President Obama encourages community bankers to lending again. A look at the financial crisis that could turn into a sovereign debt crisis. Search these Tags:economy , wall street , nbr , banking , sovereign debt
I urge you to invest five minutes watching this video. As you watch ask yourself what the data presented means to your business?
A few teasers...
What does it mean to my business that China will soon be the number one English speaking country in the world?
What does it mean to my business that the 25% of India's population with the highest IQ's is greater than the total population of the United States?
What does it mean to my business that the top 10 in-demand jobs in 2010 did not exist in 2004?
What does it mean to my business that we are currently preparing students for jobs that don't yet exist, using technologies that haven't been invented, in order to solve problems we don't even know are problems yet?
What does it mean to your business that the U.S. Department of Labor estimates that today's learner will have 10-14 jobs by the age of 38?
The U.S. economy is likely to grow next year at a pace sufficient to bring down unemployment, but not as quickly as most would prefer, Federal Reserve Board Chairman Ben Bernanke said in a Dec. 7 speech to the Economic Club of Washington, D.C. Meanwhile, inflation appears likely to remain low for some time, he added.
