This is without a doubt one of the most insulting articles I have read in quite some time and an example of why I'm really souring on reading the Boston Globe right now (as the stacks of unread papers pile up again).
"Happiness index is key, Ben Bernanke says" August 07, 2012
WASHINGTON — Ben Bernanke wants to know if you’re happy.
The Federal Reserve chairman on Monday said that gauging happiness can be as important for measuring economic progress as determining whether inflation is low or unemployment is high.
Why don't you just admit to shoveling bulls***?
For the lead central banking thief to
Economics isn’t just about money and material benefits, he said; it is also about promoting ‘‘the enhancement of well-being.’’
He means the enhancing of elite well-being, folks. This is such rank shit I really don't know if I can make it through this post.
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‘‘We should seek better and more-direct measurements of economic well-being,’’ Bernanke said Monday in a videotaped 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.’’
Bernanke acknowledged that many people aren’t happy right now. Unemployment rose in July to 8.3 percent, and economic growth has slowed sharply from the start of the year. He has called the recovery ‘‘frustratingly slow.’’
Bennie, it is MORE than UNHAPPINESS, it is reached the point of FURIOUS ANGER!
Aggregate statistics can mask important information about how individual Americans are faring, Bernanke said.
Yeah, we have been getting three years of s*** from you and yours.
His speech was the latest foray into a relatively new specialty in economics known as ‘‘happiness studies.’’
Translation: WHAT BULLSHIT CAN WE PUT OUT while we continue to LOOT the MASSES?
Bernanke attracted notice when he spoke about the economics of happiness in a 2010 commencement address in South Carolina.
Yeah, from who, pos mouthpiece.
He said research has found that once basic material needs are met, more wealth doesn’t necessarily make people happier.
Then WHY are YOU and YOUR KIND so GOD-DAMNED GREEDY?!!!!!!!!!!!
What he is saying is BE HAPPY with YOUR SHIT EXISTENCE as they CART AWAY BARRELS of LOOT QUARTER after QUARTER.
Yes, money doesn't guarantee happiness, but it SURE MAKES MANAGING LIFE a LOT EASIER and MORE ENJOYABLE! The people who are NOT HAPPY with the MILLIONS THEY MAKE means THEY HAVE a PROBLEM, an ILLNE$$, a DI$EA$E!!!!!!!!!!!!!!
‘‘Or, as your parents always said, money doesn’t buy happiness,’’ Bernanke said then. ‘‘Well, an economist might reply, at least not by itself.’’
On Monday, Bernanke turned to the more practical and difficult task of measuring a subjective emotion. So far, most efforts have involved surveys. They have found some consistent answers: Physical and mental health, the strength of family and community ties, a sense of control over one’s life, and opportunities for leisure activity bring happiness.
And this government and economic system has spent the last 50 years destroying all that!!
But THEY ARE GOING TO FIX IT FOR YOU, YUP!!!
Btw, are you having a HARD TIME MEASURING MY EMOTION?!!!!!!!!?????
If so you must be a f***ing idiot, too!!!
Bernanke on Monday sketched out other questions: How secure do Americans feel in their jobs? How confident are they in their future job prospects? How prepared are families for financial shocks?
These indicators ‘‘could be useful in measuring economic progress or setbacks,” Bernanke said.
Bernanke’s own definition of happiness might baffle some. He called it a ‘‘short-term state of awareness that depends on a person’s perceptions of one’s immediate reality, as well as on immediate external circumstances and outcomes.’’
Actually, he explained it pretty good because that's what it is. Now you know why I AM TIRED of the ELITIST INSULTS, CONSTANT AGENDA-PUSHING, and OUTRIGHT LIES I find in my banker's mouthpiece.
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Maybe this will make you happy:
Big Banks Are Booming
But they are still not happy!?
You know what would make me happy?
A mass suicide by bankers and their political puppets.
:-)
See? I'm smiling at the thought already.
UPDATE:
"After years of economic pain, Americans remain an optimistic lot, though they define the American dream not in terms of mansions and luxury cars but as something more basic — a home, a college degree, financial security, and enough left over for a few extras like dining out, according to a study by the Pew Center on the States’ Economic Mobility Project. That financial security usually requires a steady full-time job with benefits, something that has become harder to find....
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