Surveys

Economists: Reappoint Bernanke

WSJ survey shows nearly unanimous support.

Ben Bernanke will continue fighting unemployment lines instead of joining them, if economists have their way: A Wall Street Journal survey of 47 economists showed near unanimity in support for the appointment of Bernanke to a second term at the Federal Reserve. 27 economists said that the recession had ended, which could actually lessen the chances of Obama reappointing Bernanke. "Once it is perceived that the economy is on its way to recovery, it gives Obama the opportunity to put in his own person," said John Silvia of Wells Fargo. "It could be like Great Britain at the end of World War II. 'Thank you for all the hard work, Mr. Churchill, but we're going to bring someone else in to handle the next phase.’”