$16 Trillion Only Reduces Unemployment From 8% to 7.5%

$16 Trillion Only Reduces Unemployment From 8% to 7.5%

There has been a recovery of $16 trillion in household wealth since early 2009 according to the latest Federal Reserve figures due in great part to Ben Bernanke's quantitative easing program. But it has not generated real fundamental economic growth. Instead, it has buttressed the stock portfolios of wealthy people and the residential home values of the middle class. In fact, it went mostly to the

82 by Robert Lenzner, Forbes... / 16h http://www.forbes.com/sites/robertlenzner/2013/05/30/16-trillion-only-reduces-unemployment-from-8-to-7-5/?utm_source=feedly