Fed's Bernanke gives words of warning on fiscal cliff

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference September 13, 2012 in Washington, D.C.

This final note on the way out, a warning to Congress from the guy who invented the term "fiscal cliff."

Ben Bernanke gave a speech in New York today in which he said, among other things, that worries about said cliff are already starting to affect the economy and that -- perhaps more troubling -- the Fed can't really do all that much about it.

Get your act together, in other words.

Congress, by the way? Home for Thanksgiving.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.


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