Treasury Bonds Diss Bernanke as Yields Surge - Barrons.com
Randy writes, "...The real test may come, according to Shepherdson, if wages start escalating as the result of competition for qualified employees -- even while those lacking the requisite skill sets remain jobless. If average hourly earnings start to rise, "the Fed would have no choice more or less regardless of the rate of economic growth," he writes."
A few months back the CEO and COO of Facebook were on Bloomberg talking about how the salaries they were paying people had 'doubled' in the last five years.
With half the population not graduating from high school (pick your reasons but think social liberals and unions to start), it may well be we are in a situation where half the population is only capable of making buggy whips and such when the rest of the economy is driving futuristic automobiles.
Obama says you deserve the same healthcare whether educated and productive or uneducated and not working, young and able to contribute to society or living past a last few months on high priced medical care.
When young people are struggling, often jobless and in debt for their educations and public employees stop working at 50 with extravagant pensions and benefits and society spends more on keeping someone in jail for the use of drugs than it does to put someone through college - is it unreasonable to think something is wrong?
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