The Word on Bernanke - The American Spectator | USA News and Politics
The Word on Bernanke

Ben Bernanke’s nomination as fed chairman is not unexpected — his name had been circulating for the last few weeks. The New York Times offered reluctant praise in an editorial earlier this month:

Mr. Bernanke is deeply conservative, economists say, but respected for independent thinking and not inclined to wear that conservatism on his sleeve.

So surely they’ll endorse Bernanke in tomorrow’s editorials? And Daniel Gross regarded Bernanke as an enigmatic favorite in a nomination preview:

Bernanke doesn’t have much of a public record when it comes to deficits, and he’s a latecomer to the Bush White House.

The Times also featured Bernanke in June. The article isn’t freely available on the Times website (blasted Times Select!), but bloggers have kept it alive. Bernanke has called for “inflation targeting,” meaning the Fed would publicly declare what inflation level it is targeting with interest rate changes.

Sign up to receive our latest updates! Register

By submitting this form, you are consenting to receive marketing emails from: The American Spectator, 122 S Royal Street, Alexandria, VA, 22314, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Be a Free Market Loving Patriot. Subscribe Today!