Speaking yesterday in South Carolina,
Perry didn’t back away from his statement that the Fed’s quantitative easing policy was nearly "treasonous," responding: "I’m passionate about the Obama administration’s monetary policy."
Texas-pol specialist James C. Moore recently opined that Gov. Perry "barely has a sixth grader's understanding of economics."
So here, in this contrast, we find an educational marker: Not until the seventh grade (at least in Texas) do pupils begin learning who directs monetary policy in the United States.