Over recent months, as Congress has shown itself unable to act to jolt the national economy back to life, there’s been a big fight between Dems and a decent cross-section of economists on the one hand and Republicans and hard-money advocates on the other over whether the Fed should juice the economy with more ‘quantitative easing’ or just do nothing.
This you’ll remember is what Rick Perry said Ben Bernanke might get a horse-whuppin’ for doing if he ever came down to Texas. Well, even Goldman Sachs is telling the Fed: Dudes, just bring back the growth already!
