$12.3 trillion of QE has added up to...this?

Quote

Originally posted by: pjstroh
Its not the Fed's duty to create jobs and fuel the economy but they have no choice. The people responsible for addressing these issues (Congress) have an unimpressive list of contributions since 2010, including:
- a massive spending sequestor
- government shutdowns.
- 50+ votes to kill Obamacare
- looking for Bigfoot in Bengazhi
- Holding Kangaroo court trials over Hillary's emails

And yet unemployment still managed to fall under 5%. But then again - Food stamps! (enter Hoops)

People can speculate how much more economic activity we would have if we invested in our own infrastructure instead of the Middle East's - or if we charged Paris Hilton the same tax rate as your average worker in exchange for a new electric grid. But that would require a Congress thats more interested in the economy than fueling conspiracy theories. Lets hope we get better people in the next election.


All this coming from the President that stated a $8trillion debt was unpatriotic. video sucks doesn't it
Quote

Originally posted by: chefantwon
Quote

Originally posted by: pjstroh
Its not the Fed's duty to create jobs and fuel the economy but they have no choice. The people responsible for addressing these issues (Congress) have an unimpressive list of contributions since 2010, including:
- a massive spending sequestor
- government shutdowns.
- 50+ votes to kill Obamacare
- looking for Bigfoot in Bengazhi
- Holding Kangaroo court trials over Hillary's emails

And yet unemployment still managed to fall under 5%. But then again - Food stamps! (enter Hoops)

People can speculate how much more economic activity we would have if we invested in our own infrastructure instead of the Middle East's - or if we charged Paris Hilton the same tax rate as your average worker in exchange for a new electric grid. But that would require a Congress thats more interested in the economy than fueling conspiracy theories. Lets hope we get better people in the next election.


All this coming from the President that stated a $8trillion debt was unpatriotic. video sucks doesn't it



I've always found it so interesting that nobody on the left will talk about let alone acknowledge that and other Obama blunders like no lobbyists in the WH, If you like your plan..., and a host of others. When they're brought up, quiet as a church mouse.
PJ, it's not congress's job to create jobs and fuel the economy. In fact, they have no power to do so. Instead, congress does have the power to impede business and job creation by making it expensive to do business in America. Since jobs ALWAYS migrate towards low cost, we continue to see companies close plants in America, and open plants elsewhere.

It's not rocket science.
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