Commentary: The US economy’s improvement is moving as slow as a snail as a Federal Reserve official says unemployment would take several years to get to 6%. Among things making the economy’s growth slow are the debt situation in Europe and the housing market. Obama’s excessive spending obviously isn’t helping matters any, but you won’t find many mainstream media reporters willing to mention this contributing factor. - News Tweets below
EXCERPT from article tweeted: Despite recent signs the recovery is gaining traction, including a pick-up in jobs, the overall recovery has been slow, leading to debate both within and outside the Fed over the need for additional purchases of assets such as mortgage-based bonds.