The Fed needs to focus on the real economy, rather than the needs of wall street and market manipulating morons with extraordinarily deep pockets and entirely bereft of patriotism!

Simply put, it has to stop being entirely about them and their needs!

First, rates need to be held, until the recovery is less fragile. After that, the Fed needs inject venture capital into high tech start ups, as very low loans? Allowing a vastly more robust economy to draw down debt!

Then gridlocked capital hill needs to focus on those they allegedly serve, rather than petty power struggles, or what Putin is trying to engineer, via his men in Washington?

They need to understand, that every western economy is supported by just two pillars, capital and energy!

It seems to me, the Fed has almost exhausted its abilities to support growth?

The rest is down to congress an rare bipartisan cooperation! That could start by being completely pragmatic on energy policy!

And stop placing roadblocks in the path of thorium as a source of vastly lower costing energy for the domestic market, but actively promote it via R+D research grants! After which time, an unfettered energy market can do what markets are supposed to do! Compete for market share!

After that, all that remains is real tax reform!

My first preference is for an entirely unavoidable expenditure tax, collected fee free, via the banking system, as part of a licence to virtually print money?

And as total tax impost, could cost less than the current complete cost of multilayered convoluted avoidance schemes? Which reportedly rip around 7% from the averaged bottom line?

A 5% expenditure tax would likely raise more revenue than the current combination of revenue raising methodologies? And end the need for the army of bearucrats charged with policing collection? I mean, if paying the tax is less expensive than avoiding it!?

Meaning smaller government and less regulations needing to be imposed on business and entrepreneurs! Even if that now essential tax/energy reform hurts some vested interest/unproductive parasites?
Alan B.

economist and gw alarmist only ever seem wise after the event.

Moronic article! If you look at the employment rate rather than the unemployment rate, you'll see there's no shortage of supply.