— By Steve Early, from In These Times.
Reprinted by Utne Reader, September/October 2012.
A third-party strategy that totally works: The Progressive Candidate’s Secret Weapon
Matthew Yglesias breaks down Rick Perry’s argument against the Fed:
When Perry objects to printing money “to play politics,” he reveals the root of his objection. The truth is that Perry and other Republicans fear printing money for exactly the reason we ought to do it—looser money would boost growth and curb unemployment. After all, if it truly harmed the economy, it would only make things worse for an Obama administration that’s struggling to keep its head above water amid 9 percent unemployment.
