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.
Stu Rothenberg on the Senate Majority Leader:
Finally, I am struck how much Senate Majority Leader Harry Reid’s (D-Nev.) ballot test numbers resemble those of former Sens. Rick Santorum (R-Pa.) and John Sununu (R-N.H.), as well as soon-to-be-former New Jersey Gov. Jon Corzine (D). All three, of course, lost re-election bids.
I recently had the chance to sit down and chat with Rep. Paul Ryan, a Wisconsin Republican and the ranking GOPer on the House Budget Committee. Ryan’s a rising Republican star (he’ll be just 40 next month), a guy some folks were pushing to be John McCain’s running mate in 2008. If there’s a young Jack Kemp in today’s Congress, he’s it. And if you’re wondering what the 21st century Republican Party will stand for, many of the ideas will probably come from Ryan. Here are some excerpts from our conversation:
The future of U.S. financial reform seems destined to track closely the path of that other major effort winding its way through Congress, healthcare. As a result, what came out of the House of Representatives with a narrow majority on Friday may be far more ambitious than what the Senate could possibly pass.
An average of healthcare polls by Real Clear Politics shows it unpopular by a 53-38 margin. But why are the Ds still pushing hard to get it passed? Byron York analyzes the various motivations after to talking to a Dem strategist:
Goldman Sachs has boosted its 4Q GDP outlook to 4 percent from 3 percent, yet continues to believe in the gloomy New Normal. Here’s why: