Who saved the economy? Ben Bernanke or the taxpayer? More importantly, was the economy saved?
A few days ago Time Magazine put Bernanke on its cover and announced that he was the person of the year for 2009. But what about the taxpayer? Should not the taxpayer be the person of the year? Because, after all, it is the taxpayer who will pay for Bernanke's trillion 'bailout' dollars.
The sad part about this is that another larger, deeper economic contraction is coming. What will Bernanke do then?
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