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Posts Tagged ‘cost of recovery’

The Reflation Bill Is Outstanding and Growing

Posted by Larry Doyle on April 5th, 2010 11:13 AM |

If we are to believe the markets are predicting a rebound in the economy (I do not blindly accept that to be the case), then it is high time we address the next enormous question facing our country. That is? The bill that has been accruing for the ‘so-called’ saving of our economy.

Whether the economy has been saved or not is a relative question. Please be careful as to how to use that phrase in light of the fact that there are 6.5 million people out of work now for at least 27 weeks (long term unemployed) and close to 17% of our labor force is underemployed.

The biggest question facing our country now is how do we pay for cleaning up this mess that was created over the last number of years?  (more…)






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