Post at least three responses to the following topics. There are 3 topics posted for this week. Two of your responses must relate to two topics. The third response can be a contribution to one of your class mate's post or a response to the third topic. You may comment on more than one of your class mate's responses. All of your responses should be made on different days. Do not wait until the end of the week to make your responses. Make all your posts by the end of Saturday. 1. Many people feel the Fed, which is largely independent of Congress and the President, is too powerful. In fact, the Chairman of the Fed Board of Governors has been called the second most powerful person in the country. Do you think the Fed is too powerful? Should Congress have more oversight of the Fed? Share your thoughts. 2. "Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree? Share your thoughts. 3. Tax cut is a debatable topic. Does it help or hurt the relatively poorer segment of the population? You can take either side but make sure to substantiate your thought with references