Ben Bernanke Quotes
There is only so much that you can kick the can down the road.
He was urging Congress and the President to stop avoiding the issue so the economy being out of balance and deal with the issues of entitlements, taxes and budget cutting.
Ben Bernanke, Chairman, Federal Reserve Bank, Speech and Q&A, National Press Club, February 3, 2011
Sourced by: Eigen's Political and Historical Quotations
This advice has been taken by many elected Presidents and Prime Ministers in a democracy beginning a new administration. Essentially it is delay and “kick the can down the road”.
Paulson, Michael Bloomberg and other politicians who had vast business experience were beginning a campaign to show the great danger to the economy of climate change and global warming.
Ben Shalom Bernanke is an American economist at the Brookings Institution who served two terms as the 14th Chair of the Federal Reserve, from 2006 to 2014. During his tenure as chair, Bernanke oversaw the Federal Reserve's response to the late-2000s financial crisis, for which he was named the 2009 Time Person of the Year. Before becoming Federal Reserve chair, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave.