Yes, cheap money polices did help
stabilize a reeling
housing sector, that shouldn't be dismissed, but what else does the Fed have to show for near - zero short term interest rates and the fortune spent lowering longer term rates through its bond buying program?
Speaking at a Media Encounter on Wednesday as part of his one - year stay in office at the Flagstaff
House, the President, who spoke about the high unemployment figures leading to the thousands of people applying for jobs in the public
sector, said the government is on a good course to
stabilize the economy, enhance business growth and subsequently create more jobs.