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In October Bernanke endorsed an eventual stimulus program that gave support to the the proposed spending plans of [[Barack Obama]]. <ref>http://online.wsj.com/article/SB122455027730552509.html</ref>
In October Bernanke endorsed an eventual stimulus program that gave support to the the proposed spending plans of [[Barack Obama]]. <ref>http://online.wsj.com/article/SB122455027730552509.html</ref>
[[File:Bernank2.jpg|thumb|290px|''Time'' Dec. 28, 2009. [http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html read the cover story]]]
[[File:Bernank2.jpg|thumb|290px|''Time'' Dec. 28, 2009. [http://www.time.com/time/specials/packages/article/0,28804,1946375_1947251,00.html read the cover story]]]
In August 2009, economists on the ''Wall Street Journal'' panel are nearly unanimous that Bernanke should be reappointed to another term as chairman. However, these same economists failed to predict the 2008 recession unlike the economists of the conservative school of economics called [[Austrian economics]] who did predict the recession of 2008.<ref>http://www.thenewamerican.com/index.php/economy/economics-mainmenu-44/3323-austrian-economics-rising</ref> Barack Obama has nominated Ben Bernanke to a second term as chairman of the United States Federal Reserve. <ref>[http://www.bworld.com.ph/BW090109/content.php?id=146 One hand clapping for Ben Bernanke, Business World, August 31, 2009]</ref>
In August 2009, economists on the ''Wall Street Journal'' panel are nearly unanimous that Bernanke should be reappointed to another term as chairman. However, these same economists failed to predict the 2008 recession. The economists of the conservative school of economics, called [[Austrian economics]], did predict the recession of 2008.<ref>http://www.thenewamerican.com/index.php/economy/economics-mainmenu-44/3323-austrian-economics-rising</ref> Barack Obama has nominated Ben Bernanke to a second term as chairman of the United States Federal Reserve. <ref>[http://www.bworld.com.ph/BW090109/content.php?id=146 One hand clapping for Ben Bernanke, Business World, August 31, 2009]</ref>
On December 1, 2009, the ''Foreign Policy Magazine'' misguidedly named Ben Bernanke one of 2009’s “Greatest Thinkers". He was also the liberal ''Time'' magazine's "Person of the Year" for 2009.
On December 1, 2009, the ''Foreign Policy Magazine'' misguidedly named Ben Bernanke one of 2009’s “Greatest Thinkers". He was also the liberal ''Time'' magazine's "Person of the Year" for 2009.