Obama's Failure to Make His Federal Reserve Appointments in a Timely Fashion Looks to Have Been His Biggest Blunder

And it was a completely unforced error...

Ryan Avent:

Monetary policy: For a one-handed Fed: PAUL KRUGMAN'S latest column on the inactivity of the Fed in the face of persistent high unemployment touched off another round of hand-wringing over why the Fed is standing pat, particularly since Ben Bernanke is a noted scholar of the Great Depression who has written extensively on the ways monetary authorities can fight recessions. What gives? Some imagine that Mr Bernanke has changed his...