I congratulate you on those contributions.
Editor's note · Context
Bernanke acknowledges the senator's efforts in improving consumer financial information.
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the unemployment rate right now is not a very good measure by itself of the economy.
Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health. The economy's performance both over the near term and the longer run will depend…
Yes, my suggestion to Congress is to consider possibilities that involve somewhat less restraint in the near term and more action to make sure that we are on a sustainable path in the long run.
Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.





