This is potentially ABOUT job creation. If you make sure you have easily accessible loans for small and medium businesses, then you have someone to hire the 4 million workers in the construction business that can no longer build new houses, soon to be unemployed. If they no longer have a job, then other people will be unemployed as well. It's my uninformed and undereducated opinion that Bernanke is in fact actually making the decisions he's making TO promote job creation!
This isn't a black and white situation. People need to realize that. This involves complexity of astronomical proportions.
I see this as a larger failure. The de-regulated private sector has failed. More regulations are needed to keep things more stable, plus the government needs to get involved with creating more jobs. We need good projects. For example, increased research, particularly alternative energy. A good national rail network. I'm sure there are plenty of more good examples.
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