The Wall Street Journal agrees with his point on Ben Bernanke; not his "rhetorical gaffe".
The media trope of the week is that Mr. Perry is George W. Bush only more so, but he clearly isn't the same on monetary policy.
Mr. Bush, who first appointed Mr. Bernanke, was an easy-money, weak-dollar President. He and his former economic advisers still don't understand how Alan Greenspan's policies at the Fed contributed to the credit and housing manias that led to the financial meltdown that caused the GOP's political undoing in 2008.
Mr. Perry seems to appreciate that the Federal Reserve can't conjure prosperity from the monetary printing presses.
His articulation needs some work, but we hope the Texan doesn't let media and other criticism deter him from pursuing the argument.
I don't think Perry was intending to turn this into an intellectual conversation on monetary policy. That's just not his wheelhouse, and if you notice, the WSJ says "his articulation needs some work".
But importantly, for Perry, the WSJ still calls his raising of the issue a "public service".
