"If you take out the people who want jobs, the labor market is too tight. Therefore, we need to raise rates ASAP"
Who can argue with that logic?
In other words, after a long enough fake recovery, the unemployment insurance runs out and then you just take those people out of the unemployment rate. It's the Idiocratic way:
And then use that asinine logic to generate a false premise for an interest rate hike despite deflation at Lehman levels...
"The Idiocracy was shocked that the fake recovery imploded instantly with only seven years of warning..."
All because: "It can't happen to me"...
