The GOP’s Golden Opportunity on Monetary Policy

One of the most remarkable developments of the past few years has been how the U.S. economy has steadily grown–albeit slower than needed–despite a tightening of fiscal policy. This tightening has been happening since 2010, but kicked into higher gear in 2013. Many observers predicted this fiscal tightening would be disastrous. For example, some claimed [...] View the full post at: The GOP’s Golden Opportunity on Monetary Policy Related posts: Fed Must Stay the Course on Monetary & Fiscal Policy, Alan S. Blinder Delong’s Peculiar Definition of ‘Monetary Policy’ Fed’s Kohn on Interactions Between Monetary and Fiscal Policy