For the most part, both political parties mislead the pubic on QE. There are two reasons, first one of the primary purposes of QE is to give money to politicians to spend. Second, nobody likes giving out bad news, especially politicians to constituents.
Eggactly!
No one is talking about the loss of trust in the system caused by the failure of central planning the last 70 years. The Fundamentals are broken like Humpty Dumpty.