Political song, Hey Paul Krugman, why Don't you have Timothy Gytner's job?


Monetary Policy alone will not fix the 2011 Recession. This is because it was tried by Timothy Geitner, Secretary of the Treasury. And so now we have 5% Geither Inflation.

Traditionally 5% Inflation happened when the economy was at Full Employment. But now we have the end of recovery (5% Inflation) caused by monetary policy and yet the unemployment is 9.1%

For the Recession of 2011, Monetary Policy has proved itself to be fruitless. Fiscal Policy is the only rescue. 

 Remember the 4% unemployment of Presedents Clinton and Kennedy?

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