We’re now five years into the worst recovery in the post-WWII period. Based simply on historical business cycles, we should already be out of recovery and into a “growth” stage for the US economy.
This should have happened even with barely any stimulus from the Fed.
Instead, the Fed has spent TRILLIONS of Dollars and failed to deliver anything resembling economic growth.
The number of people who are of working age who are actually working has barely budged since the 2009 low. Bernanke Spells "Recovery" F-A-I-L-U-R-E | Zero Hedge
No comments:
Post a Comment