It is not a solid plan yet there is no sense going there. Yet it will be spun that way and will move the market up more. There is no real selling in this market so we will see the market go higher. Worse unemployment numbers than expected but less than the month before. Are there more unemployed? Yes. Is it worse than expected? Yes. So the market will buy. Who is buying? The GS, MS, JPM, etc. They are making a lot of money trading using ETF's. Huge amounts of cash allows them to buy one and short the other. Buy the stocks and short the ETF. Sure winner. Rigged casino.
It's not long before we have a new wave of defaults - this time on the car loans that the newly unemployed will not be able to pay. The Obama administration is truly clueless, but then again this might be their grand plan to completely wreck the US as we know it and install the dear leader's marxist utopia.