Quote:
Only after several rounds of back-and-forth did he agree with Representative Chet Edwards, Democrat of Texas, that tax cuts do not entirely pay for themselves. And he danced around with Representative Gerald E. Connolly, a Virginia Democrat,
on whether the Obama administration’s $787 billion stimulus package last year was “necessary.”
Mr. Bernanke would only say it was “useful.”
“It must be nice to be an economist,” Mr. Connolly replied.
|
Link
That's an interesting choice of words - useful.