Uncertainty is adding to U.S. jobless rate: Fed paper

Stock market is up, GDP is up, and the feds are now pumping out unlimited stimulus. Why are businesses still uncertain and not hiring?

"Inflation hawks have opposed the new effort at quantitative easing. Some, including Dallas Fed chief Richard Fisher, have argued that new monetary stimulus will be useless because it is uncertainty over taxes and regulation rather than the level of borrowing costs per se that is holding back the economy."

http://www.reuters.com/article/2012/09/17/us-usa-fed-unemployment-idUSBRE88G14320120917

alecto wrote:Stock market is up, GDP is up, and the feds are now pumping out unlimited stimulus. Why are businesses still uncertain and not hiring?

"Inflation hawks have opposed the new effort at quantitative easing. Some, including Dallas Fed chief Richard Fisher, have argued that new monetary stimulus will be useless because it is uncertainty over taxes and regulation rather than the level of borrowing costs per se that is holding back the economy."

http://www.reuters.com/article/2012/09/17/us-usa-fed-unemployment-idUSBRE88G14320120917

obama changed his name to uncertainty? And I thought ouchocinco was a dumb name to change to.