Trump Does the Unthinkable: Criticizes the Fed

Greetings to all from Utah!

Much of the business press has been in an uproar becase Donald Trump has criticized the Fed's policy of raising interest rates. Trump complains that interest rate hikes will slow the economy and increase the trade deficit by raising the value of the dollar.

The business press is outraged not necessarily because they disagree with what Trump says, although many surely do, but they argue it violates some fundamental principle of government for the president to talk a...