I heard recently the accusation that the government is printing money. What an asinine and irresponsible accusation. In truth, the Feds have controlled money supply for a long time, and while they keep the number steady, "printing money" is more fear mongering rhetoric. Maybe one day we'll build a smarter "consumer"/ constituent, who isn't so easily fooled. Oh, that's right, with draconian cuts to education, maybe not.
I do like this article, which at least makes a good explanation of the tools we have at hand. Love that no one (that I heard of) talked about these points before the election. Just doesn't play well, as the article points out.
Who can magically fix the economy? No one - Full version - Oct. 15, 2010