Friday, February 4, 2011

"Employment needed to assure economic recovery" ... no shit Sherlock

So I was sitting at work when this headline crossed through the wires (the top story in the picture below), "Bernanke Says Faster Employment Gains Needed to Assure Economic Recovery."

How is this considered breaking news? Isn't that kinda obvious.. if not redundant? It's sorta like saying "warm weather needed to end cold spell" or "wins are needed to end losing streak"

Why does someone need to tell me that employment is needed to assure recovery? What else is there in a recovery? For most people increased employment is what determines economic recovery. So basically he said that you need employment in order to have employment recovery.

Way to go Bernie

[to the Top of the Blog!]

No comments: