This is further evidence of QE2 impotency. The Fed is at the end of their ability to stimulate the economy via monetary measures. The US fiscal house is a mess and will likely be a drag on growth.
To me, the simplest solution is to reduce the costs or burden of government on businesses in the country. Today, the Obama administration eased some regulations on businesses and that’s a healthy start….but it’s not enough.
What the country needs now is strong leadership to do what is needed and not what will be the popular amongst the electorate.
The US needs … …READ MORE
