Liberals Should Join GOP In Criticizing Fed, Konczal Says
The New Republic:
It’s hard to interpret the letter that Congerssional Republicans sent on Tuesday evening to Ben Bernanke as anything other than an attempt to politically influence the monetary policy set by the Federal Reserve. Democrats have correctly recognized this as a rare breach of the central bank’s independence. But rather than complaining about conservatives’ fervor for monetary issues, liberals should be seeking to emulate them.