Ben Bernanke actually said...

the unemployment rate right now is not a very good measure by itself of the economy.

Bernanke critiques the unemployment rate as a misleading indicator of economic recovery.

02/24/2015

More Ben Bernanke Quotes

Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.

Congress sets the mandate for the Federal Reserve, and so Congress has the right to set the mandate of course any way it likes.

It's no way to run a railroad.

The political challenge is to figure out how to do that.