[Popman]

That is all they can do and that can not overcome bad tax, spending and regulatory policies that the FED has no influence on.

...then why doesn't he publicly state that is the case and throw Obama under the bus?

[JLS]

“...then why doesn’t he publicly state that is the case and throw Obama under the bus?”

1. He does not want to undermine confidence in the economy any more than it Obama’s policies already have. Less confidence in the economy would only make things worse.

2. He does not want the independent FED to seem partisan. Also the economic illiterates of the Dim party would view any truthful statement about how harmful Obama’s spending, taxation and regulation are to the economy as the Chairman of the FED going partisan. It is pretty important in the future for the US to continue to have a non-partisan central bank. So I think for this reason Bernanke is smart to leave pointing out Obama’s economic ignorance to other political commentators and economists.

So Bernanke gains nothing by stating the obvious and elementary truth about Obama economic policies and he could do harm to the economy by doing so.