THE NEW YORK POST ON RICK PERRY AND BERNANKE’S MONEY-PRINTING:
Stipulated: Perry’s words fall heavily upon the ears.
On substance, however, Gov. Perry was quite right. For whatever purpose — policy or politics — simply printing money in large amounts is a recipe for catastrophe. (The stock market barely tread water yesterday on reports of a major inflation uptick.)
Indeed, the substance of Perry’s message was so unremarkable as to go largely uncriticized.
As to the efficacy of his words — well, he’s been in public life for some time now, and the governor of the nation’s second-most-populous state for over a decade.
So he’s entitled to his views, and to the rhetoric of his choice.
We suspect ordinary Americans — worried sick about inflation and the economy — will be far more forgiving of Perry than the pundits.
I think that Perry was probably quite happy with the scalded-cat reaction his words provoked.