[the invisib1e hand]

yes. Bernanke showed tough love, without which he will never have credibility or respect (he being synonymous with the Fed as its Chairman).

Pres Bush proposed the softer side, which as a lame duck was the perfect stroke.

Like it or not, piss and moan as would-be experts always do, this was a brilliant strategy. The best.

[Old 300]

It’s compassionate conservatism at its best.