News Link • Economic Stimulus

Unemployment rate at 8.8 good or bad for the country?

04-02-2011 • The Political Commentator

The road to an 8.8% unemployment is paved with unintended consequences! Yes, a drop of .01% in the unemployment rate reported yesterday cannot be termed a bad thing. Anytime unemployed and struggling U.S. workers find a job it is only good. The question that needs to be asked here on Final Four weekend however, is whether the road to that result is actually a toll road that in the end will cause the country an immense amount of pain? Federal Reserve money infection (oops, injection) into the system and massive U.S. government spending needed to get us to where we are today can most likely spell one thing for the future: I-N-F-L-A-T-I-O-N and lots of it...