Ben Bernanke actually said...

The unemployment rate is very high, and it is a tremendous problem, and it obviously means a lot of hardship for a lot of people.

Bernanke acknowledges the severity of the unemployment crisis.

12/02/2009

More Ben Bernanke Quotes

I think everything in the bill is basically fine except for getting rid of this exemption for monetary policy deliberations and operations.

It is possible that some of these regulations have some impact on the cost of credit, but there has been a lot of analysis that suggests tha...

I note housing is one area.

Monetary policy can't do much about longer-term growth.