Federal Reserve Rates Poorly With Americans

With the recession still raging, it may come as no surprise that many Americans’ opinions of the Federal Reserve, the government’s most important financial agency, have started to sour. This time in 2003, 53 percent of Americans thought the Federal Reserve was doing an excellent to good job, compared to 30 percent today, according to a recent Gallup poll.
 
One of the most contentious issues surrounding the Federal Reserve is the support of the taxpayer bailouts on the part of the Fed and its chairman, Ben Bernanke. However, many analysts also have determined that Bernanke’s actions have had a significant impact …read more