Saturday, September 21, 2013
A Good Read
Every now and then you come across an article that is well worth the time spend in reading it. The following in the Wall Street Journal is such an article.
Talk about perspective! This is from a man who is on the front lines of the employment situation in this nation.
This goes back to some of my comments related to QE and why I believe it is going to be next to impossible for the Fed to stop or taper that program until we get STRUCTURAL REFORMS. I take the Fed at its word right now that until the employment picture improves, they are not going to taper and quite frankly it will not as long as the Obama administration is in power and Obamacare is the law of the land. The thing has not even been fully implemented yet and it is already leaving a wide swath of devastation across the nation's job market. Don't believe that? Then read the following article.
Talk about perspective! This is from a man who is on the front lines of the employment situation in this nation.
This goes back to some of my comments related to QE and why I believe it is going to be next to impossible for the Fed to stop or taper that program until we get STRUCTURAL REFORMS. I take the Fed at its word right now that until the employment picture improves, they are not going to taper and quite frankly it will not as long as the Obama administration is in power and Obamacare is the law of the land. The thing has not even been fully implemented yet and it is already leaving a wide swath of devastation across the nation's job market. Don't believe that? Then read the following article.
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