LOL... 6.5%.
Wasn’t it just revealed that the BLS/Census lied about the decreasing unemployment rate for the 2012 presidential election?
And how will the federal government pay its loan interest if the Fed hikes the rates?
What? Where is this suppose to be happening? Or should I be asking on which planet is this happening?
Don't they understand the flawed way the unemployment-rate is calculated?
Current Fed Stimulus of $85 billion a month is expecting the availability of cash to improve the economy; just throw money at the problem, sound familiar?
Bs... The IMF is calling the shots... And they already forbade it.
“...The Feds attention has been on the rapidly improving employment picture....”
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Now if they can just drive/lure several million more workers out of the workforce the “unemployment rate” will be where they want it.
How can the Fed’s economists believe that our ‘’rapidly improving employment picture’’ will continue to improve rather then crash when one-sixth of the U.S. economy — the healthcare sector — is about to be negatively impacted by the arrival of the ObamaCare plague?
I think the economy has gone down the rabbit hole, and it won’t come out until the Keynesian fairytale is over.
6.5%...must be in an alternate universe.
The economy won’t improve until the Commies leave the WH.