Who should chair the Fed?
U-T EconoMeter panel votes for its favorite successor to Ben Bernanke
Roger Showley, U-T SAN DIEGO
Friday, August 9, 2013
Kelly Cunningham, National University System
Answer: Larry Summers
There is virtually no chance my choice, Ron Paul, would ever be appointed. The best and most likely among apparent candidates being considered is Summers. He has the most experience, fortitude and capability to manage the deep problems confronting the American economy. He is considered one of the finest economists of this generation. His deep understanding of economic issues, concern over unemployment, and ability to manage complexity and crises make him the stellar choice. Furthermore, his headstrong, cantankerous personality is beneficial to implementing the difficult decisions needing to be enacted. Original thinking and ingenuity are especially critical at this time.