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View Diary: Government reports just 74,000 new jobs in December, but drop-outs push unemployment rate to 6.7% (78 comments)

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  •  Relevant, indeed. (0+ / 0-)

    From the linked article:

    For now, that means the national debt — the money the government has to borrow to cover its red ink — will grow more slowly than the overall economy, making the debt burden easier to handle.

    "A candle loses nothing by lighting another candle" - Mohammed Nabbous, R.I.P.

    by Lawrence on Fri Jan 10, 2014 at 07:06:15 AM PST

    [ Parent ]

    •  which will make it harder (0+ / 0-)

      for the FED to keep purchasing all the debt, since it will now become even larger and larger percentages.  Its already ridiculous, so this is yet another reason the taper has to happen, of course unwinding a 4 trillion dollar position should be no problem  :P

      Freakin House of Cards

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