Imagine having to follow all o' those lines in order to keep your world in balance.
Is kinda what the Federal Reserve Board has to do in order to ensure;
- Economic Growth in a Global Economy
- That Inflation doesn't get outta control, thus lowering the purchasing power of American incomes
- The balance of Trade with our global partners doesn't result in even greater deficits than we've been stuck with over the last 20 years and counting
- Our progress doesn't diminish other nations' economies, so as to make our goods and services unaffordable
Oh, and by the way,
[Link to Yahoo story] (I)n recent weeks, there have been plenty of signs indicating that the economy is doing just fine--and that a rate cut may not be needed for some time. For example, last week, the Labor Department reported that the economy produced a respectable 132,000 new jobs in November, despite drops in construction and manufacturing employment.
Just thought I'd share it. There aren't many things more important politically than the Economy, no matter how well any of us actually understand the details there-in. It's what sets the stage of Human Drama upon which all else takes place.