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Old 02-10-2016, 10:17 PM
 
151 posts, read 195,378 times
Reputation: 116

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Monetary policy cant fixx fiscal deviousness. aka destruction of America as we knew it!
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Old 02-10-2016, 10:19 PM
 
151 posts, read 195,378 times
Reputation: 116
Quote:
Originally Posted by C_A_Braun View Post
Maybe the banks should loosen loan requirements because after all, every American deserves a house, regardless of income.
A guy in congress just told Yellen to do that today. Those guys who got foreclosed on in 2008 need another chance....................hahahahahahahahahahahaha hahahahahaha.

Yellen needs to make sure the FedRes.Bank give credit to the hoodslums and thugs in the 'hood!
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Old 02-10-2016, 10:38 PM
 
12,973 posts, read 15,805,587 times
Reputation: 5478
Quote:
Originally Posted by C_A_Braun View Post
Unemployment is up and low wage restaurant jobs are fewer. I don't need to wait 4 years to see that. It is happening today and since minimum wage was increased.
Actually it has wiggled about a half percent and mostly before the increase took effect.

There is no way we are passed the transients yet so maybe next year we can have some conclusion. Note that it is also constrained to the city so we may only see what happens when such a change is made with nonconforming competitors.
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Old 02-10-2016, 11:03 PM
EA
 
Location: Las Vegas
6,791 posts, read 7,118,948 times
Reputation: 7580
I did say earlier that either costs have to go down or wages have to go up. Something has to give.

I can afford life, but many others can't.
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