MacroScope

Shining a light on the dismal science

Congratulations or condolences for Bernanke?

Aug 25, 2009 12:38 EDT

Congratulations, Ben Bernanke. It looks like a second term as Federal Reserve chairman is in your future. But considering the tasks before him, is this a blessing or a curse?

Greg Mankiw, the Harvard University economics professor and former adviser to President George W. Bush, summed it up nicely on his blog:

“I extend my congratulations to the President for a fine decision and my condolences to Ben for having the spend the next four years overworked and underpaid.”

So what do you think? Best job in the world? Or worst?

Comments

Good Move Obama keep up the good work..

 

I am glad Mr Bernanke will serve another term! He is the most experienced person for the job, and he has a good handle on the damn mess that is our economy. Maybe he can get us out of it!

Thanks, John DeFlumeri Jr
in Clearwater, Fla.

 

[...] Congratulations or condolences for Bernanke? – President Barack Obama nominated Ben Bernanke for a second term as the Federal Reserve Chairman. [...]

 

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