February 7th, 2012
jeff-rosenberg

GOP criticizes Federal Reserve for focusing on the economy

The Republicans are getting desperate for some change in the economy — by which I mean they really need it to start failing again. They spent over a year trying to hold the economy back, but they failed. Now they’re going to ever-more ridiculous lengths to try to salvage the 2012 election, even if it means harming out-of-work Americans.

For example, did you ever think you would see a news story like this?

Republicans Sharply Question Bernanke for Fed’s Focus on Job Market

WASHINGTON — Congressional Republicans criticized the Federal Reserve on Thursday for working to reduce unemployment and revive the housing market rather than maintaining a single-minded focus on inflation….

Really? You don’t want the Fed — which should actually be doing a lot more to help the economy rebound — trying to restore the economy? That’s one of the most insane things I’ve heard in a long time.

[Via Nancy Pelosi’s press office]

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