Friday, October 5, 2012

Here's a question

Posted by dkuehn at 8:55 AM
What does the great jobs news say about QE3, given that a lot is revision of summer numbers?

This is an economy healing itself. You can't exactly credit fiscal policy, which has been the principle drag on growth lately. You can credit fiscal policy for avoiding a depression earlier on, I think.

1 comment:

  1. Mike SaxOctober 6, 2012 at 5:48 PM

    The most positive gloss you can put on Obamab's economy is that while the recovery was not as fast as we would have liked it didn't go back into recession as all the other big Western economies did in Britian and the Euro.

    I think that the difference between a President Obama the last 4 years and a Republican is between our recovery and Cameron's double dip.

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