Monday, October 24

FED CHAIR NOMINEE WANTS TO EXTEND BUSH TAX CUTS

Ben Bernanke, Bush's nominee to succeed Alan Greenspan as Fed chair, thinks extending Dubya's tax cuts for the wealthy is an important way for the economy to recover from the effects of Hurricanes Katrina and Rita.

I'd love to have been a fly on the wall at Princeton Economic Department faculty confabs -- how does Paul Krugman get along with this guy?

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