http://www.marketwatch.com/story/yellen-plausible-economy-restored-in-two-years-2014-04-16-1291253
Janet Yellen, chair of the Federal Reserve, recently gave a speech in which she expressed her belief that a return to full employment is "quite plausible" within the next two years. This article provides a brief discription of the speech (and provides a link to a more detailed write up). Do you agree with Yellen? How likely to you think a return to full employment is within the next two years?
I am skeptical to say the least. The system seems incredibly fragile still, and even if we did reach full employment in 2years, how long lasting would it be?
ReplyDeleteThat's good news. However, if they don't deliver the results up to par of the expectations created, people may be upset. Hope for the best, prepare for the worst.
ReplyDeleteI hope we can achieve a sustainable full employment this time. The unemployment rate before the crash was 4.8 percent...
ReplyDelete