Bernanke has learned that he’s firing blanks. At this point, "most of the economic policies that support robust economic growth in the long run are outside the province of the central bank," he said.
Bernanke noted quite correctly that it’s now up to Washington to institute pro-growth policies.
In our book this means rescinding obamacare and the rest, and then getting out of the way.
When we listen to business leaders we hear that it is Washington’s anti-growth policies that got us in this mess. We look to results of Nov 6, 2012 to guarantee our escape.
Robert Craven
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