Bernanke: The only thing Bush did right
July 21, 2009
The chairman’s reviews start coming in.
For the record, as I told my friend George back in early ’08, the only good thing Bush ever did was to appoint him.
Throwing money from a helicopter is exactly what we needed, and noone except professor Bernanke could have come up with as many ways to do it that quickly. This also gives me great confidence he will find the ways to sop up the liquidity as needed.
I have no doubt without his actions we would still be shrinking, everyone freaking out, and unemployment at 15%+