John B. Taylor: “You want to move this economy faster? How about we stop underinvesting in our Nation's public infrastructure?”

I have become critical of the Federal Reserve policy regarding its unconventional policies, both before the crisis and after.

The bailout problem is still there. There will be every incentive for the FDIC to provide additional funds to some creditors.

Central-bank independence is very important, but it doesn't seem to have been enough to prevent these swings towards more interventionist discretionary policy compared to a rules-based policy.

You don't increase taxes.