Re: “The real world offers reason for hope” (letter, 11-14).
Huh? The market is so high because the Federal Reserve injects $85 billion of borrowed money into the market every month. When the Fed even mentions that it is “thinking” about tapering, the market drops like a stone instead of floating like the balloon that it is. Can you say $17 trillion debt?
The job numbers are “encouraging” because the government doesn’t count the millions who have had their benefits end. Somehow they know how many “disenchanted” workers are out there, but they don’t count. How does that figure? …