...The One-Minute Pundit
Wednesday, January 26, 2011
Bernanke gets 66% approval from investors in poll
Investors don't have the same positive regard for the Federal Reserve's actions, particularly the decision in November to inject $600 billion of stimulus into the financial system. A plurality of respondents, 35%, say that policy, know as quantitative easing, hasn't had any significant effect on the economy; another 33% say the asset purchases risk a rise in inflation to dangerous levels. Just 27% say the plan to buy Treasuries is working as intended to help reduce unemployment and boost growth.
Knock it off, "investors" -- it's OUR MONEY!