It isn't the Fed's job to fight economic problems, Congress is responsible to do that. But Congress doesn't want to legislate where they need to. Yes stagflation is the best outcome in the current climate. I don't think we'll have it that good.
> But Congress doesn't want to legislate where they need to.
Everyone keeps saying this, but then go and re-elect the same do nothings.
In any case, visibly arresting illegal immigrants is a core political demand of the MAGA base, and they eagerly want to see more raids like this one. The fact that prominent figures from Democratic-party aligned institutions like prestige news media and academia (which certainly describes Paul Krugman) strenuously object to these raids and think they are deplorable is not a critique any member of the MAGA base will take seriously. There's not gonna be blowback from the MAGA base over the government doing precisely the thing that the base wants and that their political enemies hate.
Every day MTG’s “national divorce” sounds like the only real solution. These people live in entirely different realities and despise each other. Insane to believe you can manage a functional country that way.
Too bad it’s a political and logistical pipe dream.