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Politics : President Barack Obama
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To: tejek who wrote (130049)1/17/2013 10:53:34 AM
From: RetiredNow1 Recommendation  Read Replies (1) of 149317
 
Two conclusions from Philly Fed:
* Inflation is rearing its ugly head - prices paid up substantially, while prices received decrease...margins are getting squeeze
* not only is employment falling, but so is the work week...oops, fewer makers to support all the takers; what happens when Entitlement spending exceed tax revenues? oh nevermind, it already does, which is why we print money now instead of trying to live responsibly

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