I've always thought it would be interesting (albeit massively undemocratic) to give the Fed a lever on fiscal policy. I am not an expert on central banks and m

I've always thought it would be interesting (albeit massively undemocratic) to give the Fed a lever on fiscal policy. I am not an expert on central banks and macroeconomics, but I don't see why the Fed couldn't wiggle payroll tax rates around, keeping it revenue neutral by making up any shortfall with the printing presses.