Wonderful.

NYT:

WASHINGTON — Ben S. Bernanke, chairman of the Federal Reserve, has told lawmakers that he can support tax cuts or spending measures to stimulate the economy, even if they increase the budget deficit, provided the measures are quick and temporary.

The Times notes that

Democratic lawmakers who have spoken with Mr. Bernanke said he would not endorse any specific plan but supported the general idea of propping up consumer spending and investment with temporary tax or spending measures.

Eh. Doesn't a refusal to endorse a specific plan end up as a de facto endorsement of, well, whatever these lunatics decide constitutes a "stimulus package"?

...I'd like to hear what Mr. Krugman has to say about his old boss.