Your Friday Morning Dose of Meh

We’ll borrow nearly a trillion dollars again this year, the Fed is pumping $85,000,000,000 a month into housing securities, interest rates are literally as low as they can go, and…

…this is the best we can do?

I’ve said it before but it bears repeating. Obamanomics is when you take an economy that’s flat on its back, stick your boot firmly on its throat, then bash it on the head with a giant sack of money, and scream, “WHY WON’T YOU MAKE ANY JOBS?” When that fails, get a bigger sack.