> Monetary policy is policy and all policy should go thru congress
Should the Congress also make play-by-play battle calls in war? Let's dissolve the DoJ, too, and have the Congress prosecute and investigate, à la Athens.
> If congress is being useless, vote them out
Again, Argentina. Electeds always want rates lower and spending higher. (Rich people who can store their wealth offshore, even moreso.)
> Should the Congress also make play-by-play battle calls in war?
No thats obviously the executive?
> Again, Argentina. Electeds always want rates lower and spending higher. (Rich people who can store their wealth offshore, even moreso.)
Yes this is how democracy works, if people are dumb, then things go bad. The point of democracy is that you have to take a leap of faith and hope people make good decisions. If you don't like this, we can just revert to totalitarianism. You might think I'm saying this tongue in cheek but I'm not, there's a real argument that modernity is too complex for democracy.
The President chooses the Fed chairman. The Fed is an independent agency [1].
> this is how democracy works, if people are dumb, then things go bad. The point of democracy is that you have to take a leap of faith and hope people make good decisions
Which is why America isn't a democracy (and hasn't collapsed the way democracies historically collapse, in mob rule and hyperpartisanship), it's a republic. (It's also why we have independent agencies and an independent judiciary.)
Ur obviously twisting my words, I'm colloquially referring to our republic by calling it a democracy, if I was for direct democracy, I wouldn't support congress.
Whether we have independent agencies is completely orthogonal to whether we are a republic or not. Even if all of these agencies were under the executive, we would still be a republic. And no, I don't support the independent nature of these agencies. The president and/or congress should be able to control these agencies directly. Knocking down the chevron deference is step 1 to eliminating statutory power.
Should the Congress also make play-by-play battle calls in war? Let's dissolve the DoJ, too, and have the Congress prosecute and investigate, à la Athens.
> If congress is being useless, vote them out
Again, Argentina. Electeds always want rates lower and spending higher. (Rich people who can store their wealth offshore, even moreso.)