Oh, snap! when the economists start bitch-slapping each other, you know the economy is bad. Here's the surest sign that we're in an economic pickle:

Monetarists are fighting Keynesians
Paul Volker is fighting Bernanke

What next, Mankiw (Bush's former top econ guy) fighting Goolsbee (Obama's chief economic adviser)?

Paul Volcker is an enemy of the US economy – Ben Bernanke's News Groper Blog – These Blogs Are Not Real