Archive for category Monetary Policy
The failed fiscal policies of this administration are costing Americans a lot of money not only in your pockets but also in jobs, retirements, and even your gas tank. The recent jobs report seems a little far fetched. How after 40+ Months yes I say months are we all of a sudden under 8.0% unemployement? How does the government justify it? They say that after this much time of above 8% 500k took part time employment. That’s just one of the points being made in this episode of the Blaze TV. Ed Butowsky joins E.D. Hill as they try to wrap their heads around not just jobs but also how QE-whatever will help further the economy. How did the first wo infusions of money (ie QE1 and QE2) help?
While this administration under President Obama is scratching their heads trying to figure out what will stimilate the economy the current tactics have not worked. Printing more money – No. Investing in alternative fuel industry – No. So what will because our economy is certainly in a stalled state as recently confirmed by the Q2 Gross Domestic Product (GDP) numbers coming in at 1.3% rather than the expected 1.7%.