After an almost two year hiatus from public view, former president Bush is everywhere promoting his recently published memoirs. So far, in all the interviews that I’ve heard no one has asked him about what is arguably, from the perspective of the economy, the most disastrous decision of his eight years as president–the appointment of Ben Bernanke as chairman of the Federal Reserve. If Bush had made a better choice, someone who believed that the role of the Fed was to provide sound money rather than to centrally plan the economy, the country would not be in the economic mess that it finds itself in today.
by Locker Room contributor