Ben Bernanke to Congress: You’re doing it wrong

By artappraiser on Thu, 02/28/2013 - 12:33am |

By Ezra Klein, Wonkblog @ washingtonpost.com, Feb. 27, 2013

Matt Yglesias notes that there seem to be no serious monetary policy doves in Congress. When Federal Reserve Chairman Ben Bernanke heads to the Hill, he gets either softballs from seemingly disinterested Democrats or tough questions from Republicans who favor tighter monetary policy.

The toughest real talk, actually, tends to come from Bernanke himself, who uses his occasional visits to the Hill to politely, opaquely scold Congress about their approach to fiscal policy.

Brad already pointed out this doozy from Bernanke’s opening: [....]

URL:

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/27/ben-bernanke-to-congress-youre-doing-it-wrong/