Fed Chair of the Year: It’s Ben!

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A concerned reader writes:

After Stengel announced on Morning Joe that Time’s Man of the Year was Bernanke, I heard a pop.  So, I just wanted to make sure that wasn’t your head exploding.

First of all, it’s Person of the Year, you sexist dolt. But anyway, I’m fine, thanks very much, and happy to see that the Obama administration now has a second Time award to go along with its single (so far) Nobel Peace Prize.  But what I really want to know is: what did Bernanke do this year?  It’s true that I didn’t want him reappointed, but I freely acknowledge that, a few mistakes aside, he did a helluva job last year.  So what’s the deal?  Was 2009 really so boring that Time’s editors decided they had to reach back a year to find someone worth putting on their cover?

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily bluster—Mother Jones' journalism is driven by one simple question: Will America move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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