Many say the Fed's easy money policies are enabling congressional intransigence. But it may really be the other way around.
Roger Nightingale, economist at RDN Associates, tells CNBC that every country who has ever tried Keyne's policy has failed, including Japan.
Harvard historian Niall Ferguson apologized for "stupid" remarks he made about economist John Maynard Keynes, which evoked a firestorm.
Former U.S. Treasury Secretary, Larry Summers has argued the U.K. faces a lost decade like Japan unless the government changes its economic policies, but economists and experts have told CNBC that the reasons Summers cites are wrong.
Government payouts—including Social Security, Medicare and unemployment—make up more than a third of US wages. “The U.S. economy has become alarmingly dependent on government stimulus,” says one economist.