Wednesday, January 20, 2010

Pivot To Jobs? Sack Bernanke!

So the Senate apparently wants to 'pivot to jobs' in the wake of the debacle in MA. If they actually want to do something that'll work, there's an available solution: deny Ben Bernanke confirmation, and replace him with somebody who'll implement the Gagnon plan of massive quantitative easing. Maybe Joe Gagnon. Financial markets might freak out, but what matters isn't the S&P this week. It's all about unemployment numbers in late October.

2 comments:

Arbitrista said...

I suspect that "pivot to jobs" is going to turn very quickly into "cut taxes on business and millionaires."

Ron E. said...

The jobs they want to pivot to are their own.