Bernanke Will Water Down The Economy ‘If Needed’

AP Writer Martin Crutsinger at The Washington Times

Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the economic lull persists.

This guy needs to be fired. QE1 and QE2 clearly did not work as intended. If they did, we would not be in an “economic lull”. In what way is it logical to try this again? I understand that conservative free market principals don’t jive with Keynesian economic theory, but how much more evidence to you need? Say what you want about Reagan but the facts are he lowered taxes and just about doubled revenue to the Federal Government. This Quantitative Easing B.S. is doing nothing but taking money from one part of the economy and passing it to another.