Ryan wants to know: Why is fed trying to lower the unemployment rate? | WisCommunity

Ryan wants to know: Why is fed trying to lower the unemployment rate?


The "let them eat cake" congressman from southern Wisconsin is at it again.

At a House Budget Committee hearing, Rep. Paul Ryan (R-You Kidding) chastised Fed Chairman Ben Bernanke for simultaneously trying to lower inflation and stimulate job growth, even questioning whether it's the Fed's proper mission to worry about jobs (it is, actually).

But Ryan and the Republicans want to beat Obama, and the drop in the unemployment rate just announced hurts their prospects.

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Published

February 4, 2012 - 12:05pm

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