Showing posts with label bernanke. Show all posts
Showing posts with label bernanke. Show all posts

Friday, January 29, 2010

Why Newspapers Might Not Be Missed As Much As They Think

Sub-headline on the Senate's confirmation of Benjamin Bernanke to another term as Chairman of the Federal Reserve from the home page of today's Washington Post:

The Federal Reserve chairman scrapes by with the narrowest margin in the history of the position.

Bernanke was confirmed by a vote of 70-30. This is, admittedly, the closest vote ever for this position. It can hardly be considered "scraping by."