Probably, but how far, and for how long?
Link: Meyer Sees No Return to Full Employment Until 2015
The stock market will be higher.
Whoop dee doo, Goldman Sachs will make money as they prepare to steal money from us with the crap and trade scam.
ping
The stock market is going up simply because so much money is created is a disincentive for savings, low interest rates just like 2002. Everything else being done now is anti-jobs.
At the gym today an Obama supporter told me that the rising stock market was recovery too. Imagine what dems would say if Bush were president and both the stock market and unemployment were rising.
Pretending to be oppressed by finance in a free capitalist society is a lie. If you think rates are wrong take the other side; if you think this or that outfit are making out like bandits, join them. But slandering them instead is just the same old tired dodge of the Marxists - demand profits for capitalists be zero without volunteering any of their own capital.
That's right I just called you are Marxist. The ideology is exactly the same and so is the way it works, even its villains are the same. The spin has been updated to catch a modestly different demographic, that is quite completely all.