More middle-class jobless need government aid

Unless Mrs. Tanner's problems and the majority of all the Mrs. Tunners out there gets fixed, how is a consumer driven economy going to repair. It isn't.

The 37-year-old Pacifica woman, her husband and their two children are among an uncounted number of Californians who find themselves in desperate circumstances caused by long bouts of joblessness.

For the vast majority, the paper economy cannot pay the bills.

Infinite QE can adjust the timing, but it cannot change the direction of cycles in place.

Average Continuing Claims State Unemployment (AWIC) And YOY Change:


Source: sfgate.com