Political Quotes

On the recordJuly 16, 2012
I think the choice is between spending and taxes, and the mix and the kinds of taxes and so on, I think that is really a congressional responsibility.
Said by
Ben Bernanke
Republican · South Carolina

Editor's note · Context

Bernanke emphasizes that Congress must decide on spending and tax policies.

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As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.

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I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.

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