How exciting, soon we will be in the midst of a third round of quantitative easing! Does this mean we should break out the Korbel and celebrate? No, it probably does not, because like most of our economic policies, it will mostly benefit Incorporated Americans and people with lots of investments and will punish Poors (i.e. most of America) and possibly cause some social unrest. Here let us Explainer you!
What would really create jobs would be stimulative action from Congress, but, you know SOCIALIZMS, so all we have to pin hopes on is this Fed stuff, which may or may not work, but, hey, at last SOMEONE is doing SOMETHING.
For some time I've been hearing that big companies are making serious money but deliberately not hiring. But I'm sure banks holding more serious money would never do anything so selfish and craven.
OK - show of hands. Who could use a 0% loan from the Fed?
What would really create jobs would be stimulative action from Congress, but, you know SOCIALIZMS, so all we have to pin hopes on is this Fed stuff, which may or may not work, but, hey, at last SOMEONE is doing SOMETHING.
Furthur on up the road.
well if it pisses off baggers, i'm all for it.
For some time I've been hearing that big companies are making serious money but deliberately not hiring. But I'm sure banks holding more serious money would never do anything so selfish and craven.
How long before this post is cited in someone's Econ 101 paper?
I made up for you.
Does burping count?
When GWB2 sent some you a check for $635 and Walmart had it's best quarter in 2009.
Is this the same thing as 'priming the pump'?
not such a great notion...