Steven Pearlstein Wants You to Lose Your Job

That's right, he's upset that the Federal Reserve Board didn't raise interest rates this week. He tells readers:

"Until a year or two ago, there was good reason for the Fed to continue with its extraordinary monetary policy. But with the U.S. economy nearly back to full employment, and incomes rising, and core inflation running close to 2 percent, it’s well past the time to start easing back on the stimulus by raising rates."

The idea here is that we need to start raising rates or the labor m...

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Published on June 16, 2016 13:32
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