The new chair of the Federal Reserve knows that Job 1 is jobs. Being out of work is individually and collectively debilitating. Gainful employment is good for everybody.
Since June 2009, 504,000 jobs have been cut among municipal employees. Public-sector reductions at the local level have subtracted almost a quarter of a percentage point from annual GDP each of the past four years.
These green cowboys try to marry good stewardship of the land with making money.
With Rep. Ron Paul retiring this year, his epic battles with Federal Reserve chairmen are coming to an end. But his last run-in with Ben Bernanke took a more reflective turn.