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Obama blows it again!
Message
From
29/01/2015 16:19:55
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
 
 
General information
Forum:
Politics
Category:
Other
Miscellaneous
Thread ID:
01613373
Message ID:
01614616
Views:
42
BTW, re your cynicism about employment and financial good news: those pinkos at the Federal Reserve keep pretending the economy is on the up and that employment is improving.

http://www.federalreserve.gov/newsevents/press/monetary/20150128a.htm

"Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately; recent declines in energy prices have boosted household purchasing power. Business fixed investment is advancing, while the recovery in the housing sector remains slow."

With spending power rising and low interest rates, house price recovery may be on the cards- and already is underway in some places according to locals.

Waiting for somebody to say "thanks, Obama." Waiting, waiting...
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us.
"
-- Shakespeare: Coriolanus, Act 1, scene 1
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