re: Dismal Jobs Report - 74,000 non-farm Jobs Added

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The 'new normal'. I heard the same thing during Carter.

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True. We were told by the Carter administration to dial back expectations for the good of mankind. Then we threw Carter out, ushered in new administrations, grew the economy for the next twenty five years for the good of mankind creating an all boats rise economy.

Unintended consequences of the federal push to increase homeownership to the masses, especially those on the margin who could not afford it, built the unsustainable house of cards that came crashing down in 2007. The cycle will repeat itself if we continue to think government control and distribution is the solution.