This week, President Obama laid out his tax plan and the Federal Reserve announced a new policy called “The Twist.” But in a time of political gridlock, just how much can the Fed or the president do to stimulate the economy?
Can Washington Fix the Economy?
This week, President Obama laid out his tax plan and the Federal Reserve announced a new policy called "The Twist." But in a time of political gridlock, just how much can the Fed or the president do to stimulate the economy?

(Matt Sullivan/Getty)
Guests:
Ken Goldstein, economist with The Conference Board in New York