[Wyatt's Torch]

Pretty much a disaster jobs report. Fed Taper? RIP...

2/3 of the decline in U3 related to participation rate

U6 remains constant at 13.1%

[Red in Blue PA]

And December is typically a strong month for job creation with seasonal hires. This is simply pathetic.

[cuban leaf]

Notice in the chart it was even lower pre-1979. That’s because there were a lot more single income families back then.

[Cheerio]

Fed taper? Are you kidding, the FED and our GOV overspending is an addiction worse than to heroine.

The calls for extending the “Transitional Living Fund” is also an addition and will be extended forever because the GOP has absolutely NO SPINE - quivering at the sight of their own shadow - and cannot say NO to the Media and their masters currently running the RAT party.

THIS IS NOT GOING TO END WELL AND I HAVE NO CLUE WHEN IT WILL END. We saw what happened to the USSR late 1980 early 1990s.

[staytrue]

It looks like a stock chart with a massive head and shoulders top.

Boomers retiring plus the young folk working under the table probably explains it and it probably has a lot further to go.

[1010RD]

Yet it is the QE that is causing much of the trouble. If we had an improved tax and regulatory environment (i.e. pro-growth policies) then QE would not be so bad.

Instead, QE is like piling fuel on the fire. You know all that debt will be paid back in taxes, inflation or both. A wrong policy from the start isn’t going to make things better, at least not for main street.