The Feds New Bubble (Masquerading As A Jobs Program)

From tpmcafe.talkingpointsmemo.com

October 19th, 2010

tpmcafe.talkingpointsmemo.com — The latest jobs bill coming out of Washington isn't really a bill at all. It's the Fed's attempt to keep long-term interest rates low by pumping even more money into the economy ("quantitative easing" in Fed-speak).