MercoPress. South Atlantic News Agency
Minutes say US Fed plans to begin trimming stimulus in “the coming months”
The US Federal Reserve officials said they plan to begin trimming the central bank's stimulus efforts in “the coming months”. They believe that the US recovery is strengthening, according to minutes their October meeting. Read full article
Comments
Disclaimer & comment rulesIt's a pity then that the unemplyment rate shot up last month!
Nov 23rd, 2013 - 10:57 am - Link - Report abuse 0Still, the woman is coming on 1st February, so it will be one cunt out and another in.
With consumer prices falling to 1% annually it looks suspiciously like the Japanese syndrome to me.
Another political move to let the bomb set for he new comers ...
Nov 23rd, 2013 - 11:15 am - Link - Report abuse 0Real unemployment in US (U6) is 3 time higher.
@2
Nov 23rd, 2013 - 03:47 pm - Link - Report abuse 0Its the USA, not Argentweener, the article is about.
@2 Dany Dipshit
Nov 24th, 2013 - 01:56 am - Link - Report abuse 0”Real unemployment in US (U6) is 3 time higher.”
Where did you read this?
You are probably right. Obama is a lying leftist just like CFK.
@bushpilot
Nov 24th, 2013 - 02:01 pm - Link - Report abuse 0”Real unemployment in US (U6) is 3 time higher.”
“Where did you read this?”
US reports 7.3% (October 2013) Unemployment figure as the official figure and also repeats this by the govt. propaganda machine through all media.
But that is not true, because US Bureau of Labor Statistics better known as BLS splits unemployment reports quite convenient in 6 items.
So Mr. President pick the Item you like for your convenient Unemployment figure and you will never be lying.
Also BLS cooks the books like all statistics agencies in the world.
So in short Unemployment official figures are always double of what govt reports because they report U3 Unemployment Item and not U6 Item what is the real figure for Unemployment.
So if someone have been out of work lets say for 6 months and become indigent is not counted anymore and goes magically to Persons marginally attached.
According with Shadow Stats total Unemployment in US is more than 22% (see chart below)
http://www.shadowstats.com/alternate_data/unemployment-charts
Also Consumer Price Index is manipulate by using substitution-based index technique.
So if they have beef in the index and beef rises they turn to cheap hamburgers instead.
But I have ever seen IMF asking for sanctions to US for using unclear and manipulated statistics.
And you?
Is not Obama this have been changed since the '90 to downsize payments is social security that is attached to the cost of living.
If inflation is reported low cheques don't rise and the govt keeps deficits low for this item.
A country with 7% Unemployment is a country growing a good considerable level and without any financial crisis 5% is considered full employment.
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