Newsflash: Ben Bernanke is a total jerk

May 8, 2010

Thanks to him and his buddies, these kids have a slim chance of finding any job after school, much less a good-paying one, and they probably didn’t get any help paying for school because their parents are probably broke and homeless shacking up with their grandparents right now. But here’s Ben’s advice: Be happy with your crap life, because money can’t buy you happiness. According to him, the thrill of being ridiculously rich with money you created out of nothing wears off after a while. No mention of whether the misery of being poor and hungry and sleeping outside and dying young from a lack of medical care wears off after a while. You’ll have to ask the inhabitants of your local tent city whether money would buy them happiness right about now.

From the AP:

“Your parents were right. Money can’t buy you happiness.

“That was the message from the Federal Reserve chairman on Saturday to graduates of the University of South Carolina.

“‘We all know that getting a better-paying job is one of the main reasons to go to college. … But if you are ever tempted to go into a field or take a job only because the pay is high and for no other reason, be careful!’ Ben Bernanke said in his commencement address.

“‘Having a larger income is exciting at first, but as you get used to your new standard of living and as you associate with other people in your new income bracket, the thrill quickly wears off,’ he said.

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