Real Time Economics

As expected, President Obama reappointed Federal Reserve Chairman Ben Bernanke to another term today today, noting in remarks delivered in Martha’s Vineyard that Bernanke led the nation, and the world, through one of the worst fiscal crises it has ever faced, Bloomberg reports.
“As an expert on the causes of the Great Depression, I’m sure Ben [...]

John Judis at The New Republic joins a growing chorus of voices wondering if President-elect Barack Obama’s stimulus plan goes far enough. We’re talking about a massive spending works plan here, and everyone from Judis to contributors to the Wall Street Journal’s Real Time Economics blog say even more needs to be done. What’s surprising [...]