Economist's View: The Labor Market Continues to Improve
Economist's View: The Labor Market Continues to Improve:
As Mark Thoma notes that it too early for lawmakers to turn their attention away from job market. They have left a long time ago - basically after the 2009 stimulus... They was a few minor things since then but nothing of great significance. However, it is important that they have not gone full swing and switched to any serious federal austerity measures. This can be seen on the near horizon but as long as it is back loaded, mostly after 2014, I believe we will be far along in the recovery in which it might be time to look at reducing the deficit.
As Mark Thoma notes that it too early for lawmakers to turn their attention away from job market. They have left a long time ago - basically after the 2009 stimulus... They was a few minor things since then but nothing of great significance. However, it is important that they have not gone full swing and switched to any serious federal austerity measures. This can be seen on the near horizon but as long as it is back loaded, mostly after 2014, I believe we will be far along in the recovery in which it might be time to look at reducing the deficit.
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