Great news - Ben would be gone under Romney
I am loving these guys -- from
The Wall Street Journal:
Romney Reiterates He Would Replace Bernanke
Mitt Romney said Thursday that he would replace Federal Reserve Chairman Ben Bernanke, dismissing the advice of a top adviser who suggested this week that the chairman should be considered for a third term.
The presumptive Republican nominee told the Fox Business Network that as president, he would want to install someone new in the Federal Reserve post. Mr. Bernanke’s term ends in January 2014.
Music to my ears! Bernanke is an advocate of Keynesian Economics and the unfortunate truth is that it simply does not work.
The Austrian School works and would have gotten us out of the recession in about two years instead of the malaise we are now drifting around in.
If something does not work, you should look around for an alternative action, not doing the same thing again but harder.
Posted by DaveH at August 23, 2012 7:27 PM