10-30-2013 - Federal Reserve maintains its Quantitative Easing policy, citing Congress and President mismanagement of fiscal policy, failure to stimulate economy and jobs, and failure to define a budget for addressing deficits and debt, as well as economic growth.
It is Congress and the President who are directly responsible for our meager economic growth, low wages, and unemployment rate. The Federal Reserve position couldn't be clearer. We need to hold our representatives responsible for this on election day.
10-19-2013 - Okay. They kicked the can down the road till January and February. They avoid the harshest public backlash for a couple months. They, our representatives, have now an opportunity to craft at least a partial budget based on common ground between the parties. That opportunity however, is already being threatened by liberal and conservative talking heads.
The simple concept of growing jobs is not shared between Republicans and Democrats. Republicans say job creation is a result of lowering or eliminating taxes on the wealthy and corporations. Democrats say job creation can't occur at the rate we desire unless government chips in to at least partially fund many of the projects that will increase jobs, like roads, bridges and electric infrastructure upgrades and maintenance, for example. We may get a partial budget deal, but, if the recent past of the last 3 years is any indication, that is doubtful. We voters should not vote to reelect if our representatives can't manage our nation's challenges and future growth.
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