Bernanke the Chairman said a month before the election Obamas policies do not support a recover now
the Fed is coming out with more Stimulus. Obviously the Fed is not empressed with Obama's budget negotiating skills. Americans voted for one arrogant guy now another dip. Obviously the Fed is not believing lower unemployment rates. Soon America is going to have 5% unemployment with a bit of rioting in the streets. Spent some time looking at Obama's Executive Orders of which one Obama is opening up closed prisons, why would he be doing that?
Of course Ben doesn't beleive that unemployment will lower. Govt competes with the private sector for dollars. The private sector can't expand, it is contracting because big, centralized govt is sucking up the dollars buying votes, and creating crony capitalism. Meanwhile the poor folks in areas like Detroit City are holding meetings, and Black leaders are screaming at Obama to show them the money!!! It ain't gonna happen. Obama has created way too much debt for the poor folks to ever see a dime of what he promised them.