James Pethokoukis

What healthcare reform 2.0 might look like

December 16, 2009

Let’s assume, for the moment, that the latest version of the shape-shifting U.S. healthcare reform legislation may not worsen U.S. finances in the short term. But do the deficit math, and it doesn’t reduce long-term spending enough. The curve won’t get bent.

Ben Bernanke, 2009 Person of the Year

December 16, 2009

Or so says Time. With the vast array of unprecedented Fed actions, it is hard to argue with the selection.  But this might not be Bernanke’s last selection if inflation picks up. Remember, the award goes for the person who had the most impact, for good or ill.