At the Washington Post, When It Comes to the Fed and the Economy "Rescue" Doesn't Mean the Same Thing as it Does Elsewhere

The print edition gave the headline, "they squabble: he rescues the economy," to a Dana Milbank column on Federal Reserve Chairman Ben Bernanke's loose money policies. Milbank's point is that Bernanke has clearly been shown to be right in having relatively expansionary monetary policies, as opposed to Republican critics who complained that this was debasing the currency and would trigger massive inflation.

However the notion of Bernanke and the Fed rescuing the economy would seem to require a...