If the economy is improving then why is the Obama administration looking to extend unemployment benefits? After all, the unemployment dropped to 6.7% and the stock markets had a phenomenal year in 2013 up around 30%. Yet, to me, it seems growth is mainly driven by cost-cutting measures. Combine that with QE by the Fed and you have pretty much a paper tiger.
So, what gives?
The Motley Fool explains.
And Obama's policies ('ideas', if you want to call them that. Higher minimum wages and Promise Zones are paternalistic sophomoric responses to a problem) will not improve the situation. It's almost as if a community organizer came up with them.
But keep dreaming if it makes you happy.
No comments:
Post a Comment
Mysterious and anonymous comments as well as those laced with cyanide and ad hominen attacks will be deleted. Thank you for your attention, chumps.