A Dash of Insight: Bernanke to Savers: We don't owe you a living:
Bernanke is a Republican, with a conservative background.� This is typical for Fed Chairs.
If President Bush had been re-elected, the current GOP fiscal argument would be different.� There would be support for stimulus, including both tax cuts or spending.� If you do not believe this, look back in history to the end of the Bush administration.
If President Bush had been re-elected, the GOP monetary story would be different.� They would be screaming for easy money, as both parties have always done, including past GOP administrations, and including Bush senior.
Paul Ryan is an ambitious and aspiring VP candidate who has a theme that resonates --- balancing the budget.� It is an effective political argument -- for the party out of power.
If President Bush had been re-elected, the current GOP fiscal argument would be different.� There would be support for stimulus, including both tax cuts or spending.� If you do not believe this, look back in history to the end of the Bush administration.
If President Bush had been re-elected, the GOP monetary story would be different.� They would be screaming for easy money, as both parties have always done, including past GOP administrations, and including Bush senior.
Paul Ryan is an ambitious and aspiring VP candidate who has a theme that resonates --- balancing the budget.� It is an effective political argument -- for the party out of power.
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