An interview draws thoughts on Fed backstops from former Fed governor Larry Meyer and AEI's John...

|By:, SA News Editor

An interview draws thoughts on Fed backstops from former Fed governor Larry Meyer and AEI's John Makin. QE2 wasn't a mistake, they say, but what happens when the sugar runs out? Meyer's expecting 4% growth for the year, with a half-point due to stimulus; Makin: 3.4%... 4% in the first half and 2.8% in the second. (video, 21:20)