Regarding Fed Chairman Ben Bernanke's refusal to juice the economy at this point with further extraordinary measures such as a new round of quantitative easing, Jonathan Bernstein suspects that "Obama re-appointed Ben Bernanke without assuring himself that Bernanke would carry out policies that Obama presumably supports on the merits, and would have had the benefit of helping the Democrats in the 2010 election cycle."
When Democratic Presidents reappoint Fed Chairmen
When Democratic Presidents reappoint Fed…
When Democratic Presidents reappoint Fed Chairmen
Regarding Fed Chairman Ben Bernanke's refusal to juice the economy at this point with further extraordinary measures such as a new round of quantitative easing, Jonathan Bernstein suspects that "Obama re-appointed Ben Bernanke without assuring himself that Bernanke would carry out policies that Obama presumably supports on the merits, and would have had the benefit of helping the Democrats in the 2010 election cycle."