Bernanke Returns Fire—With a Lecture – Jim Tankersley – NationalJournal.com.

“The most important part of the more than 2,000-word speech, though, came near the end. It was a lecture – a dispassionate, wonky, Bernanke-esque one, but a lecture, nonetheless – on the dangers of the cut-cut-cut fiscal policy that Republicans in Congress and on the campaign trail have made the centerpiece of their economic plans.

It was a rebuke, in other words, of Perry (and every other Republican who has embraced the idea that cutting the federal budget is the key to unleashing job growth).”