I had the unfortunate opportunity of watching a few minutes of Janet Yellen yesterday. You know, the smartest, brightest, most qualified person to head up the Federal Reserve.
She decided (along with a majority of other very smart Fed governors) to raise the lending rate a quarter of a percent, among other reasons, because the unemployment rate had settled at 4½ %. And she was looking forward to three more raises next year.
Now I don’t want to go out on a limb here, but if the actual unemployment rate is 4 ½%, with 92,000,000 people OUT of the workforce, then I’m one of the smartest people in the universe, and Janet Yellen has been drinking the Obama Kool Aid in the 32 ounce super-sized, with a fire hose instead of a straw. What is wrong with that lesbo bobbed nut sucker? Has her dancing slippers left the floor?
With logic and reason of this caliber, she is more qualified to be a ticket taker at a skating rink than the head of the Federal Reserve.