"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Chicago Fed Chief: Expect 7% Unemployment For A Long Time
Submitted by DP_Thinker on Wed, 2012-08-29 00:00
in
U.S. unemployment is unlikely to fall below 7 percent before 2015 at the earliest under current policies, the Chicago Federal Reserve Bank President Charles Evans said on Monday.
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