On the recordJuly 20, 2010
The available economic evidence suggests that the tax reductions and increases in transfers for households have likely provided support to consumer spending.
Source
congress.govThe available economic evidence suggests that the tax reductions and increases in transfers for households have likely provided support to consumer spending.
Bernanke highlights the positive impact of tax cuts and transfers on consumer spending.
Share
More from Ben Bernanke
The potential of Artificial Intelligence is enormous, and so is the range of outcomes. How that potential plays out will depend, in part, on the institutions we build it around.
Nothing is more important for restoring economic growth than improving public health.
Making derivatives safer is very important, part of solving Too Big to Fail and preventing another financial crisis.