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Re: Obama to print?
How very interesting that he wants money for another jobs program, after saying just last week that the employment situation was looking up......Originally posted by Mega View Post -
Re: Obama to print?
The White House has been engaged in an ongoing tussle with the White House over spending.
Either the convergence of the Democratic and Republican parties is complete or the writer (as well as the editor) is an idiot.
Likely both.
I'd like to see the letter, but only get reports from different sources:"It is essential that we continue to explore additional measures to spur job creation and build momentum toward recovery, even as we establish a path to long-term fiscal discipline," Mr Obama wrote in a letter sent to party leaders in Congress.
Pointing out that 84,000 public sector jobs had been lost so far this year, he said keeping people employed in the short term would cost less than their unemployment.
http://www.foxnews.com/politics/2010...emergency-aid/
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
http://www.reuters.com/article/idUSTRE65C2JM20100613
Obama doesn't need to print. Bernanke already has.
The homepage title of that Bloomberg piece should send shivers through the spines of adherents to Friedman: "Believing in Free Markets Shows U.S. More Than Compensates Bond Vigilantes"
Strangely, the title of the piece differs from how it's displayed on bloomberg.com.
Comment: This sounds like sound economic policy, to me. Getting it right, and strapping industry is the tough thing.Comment
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