Thursday, April 28, 2011

Mike Koczal on Ben

We have seven million people out of work since the crisis (on top of the number of those who would have been out of work without the crisis)... it will take years, 2014 or beyond, before the country approaches a normal unemployment rate.... [T]he Fed is doing neither of its two jobs. Unemployment is too high, and inflation too low, so it should be doing whatever it takes to stimulate the economy The American Prospect

Mike wants whatever it takes for the central bank to change the economy.

The first thing Ben needs is the information about the economy in 2014, Ben needs our future.  Anybody have it?  Mike and Dean at the American Prospect have the future they want, maybe they would prefer Ben just take instructions from them.

Mike and the Progressives have a problem, their future was not elected, the Tea party future was elected.  What the progressives want Ben to do is reverse the election of 2010, they really want Ben to go back to the past. Good luck on the time travel thing.

Yglesias pulls this stunt, demanding that Ben change the world because his side lost the election.  These people are anti-democracy.

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