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Fed’s Bernanke gives words of warning on fiscal cliff

Federal Reserve chief Ben Bernanke says he believes that worries about the fiscal cliff are already affecting the economy.

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.

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