A Rising Economy?

English: Okun's law: the relationship between ...Image via WikipediaThe recovery is slow but sure. I would have liked something more dramatic, but good news is good news. I don't think it's fragile. I don't think next month we will be like, oops, we are going down again. The rise I think will be steady, although not a smooth steady. Much of it is about growth in jobs. People need work. And the economy simply has to come up with those jobs.

There has been some good news especially on the jobs front today.

A dramatic realignment that I was expecting did not happen. The stimulus bill of 2009 was not dramatic enough as far as I was concerned. But the president perhaps did what he could under the given political alignments.

How long before the unemployment rate hits 6% again, you think?
Enhanced by Zemanta

Comments

Popular Posts