Bernanke claims he has the tools, will to reel in stimulus
December 3, 2009
JEANNINE AVERSA AP Economics Writer WASHINGTON
Making a case for a second term as head of the Federal Reserve, Ben Bernanke said this morning that he has the tools and the political backbone necessary to reel in massive economic support once the recovery is firmly rooted. While widely crediting with he lping ke ep the Great Recession from becoming a second Great Depression, Bernanke faces enormous anger from both Congress and the public for bailing out Wall Street, while ordinary Americans are struggling under the crush of high unemployment, stagnant incomes and rising foreclosures. If conf...