Yep, profits keep going up....but hiring has remained stagnant.

So....if you are living off your investments, you're doing great.

if you are working for a living.....it's still tough going.

On Tue, Mar 5, 2013 at 12:58 PM, Eric Roberts <
[email protected]> wrote:

>
> So much for Obama being bad for business.
>
>
>
> The Dow hit a new record high today, topping 14,264. The previous record
> was
> 14,198.10, set in October 2007, when investors were squarely focused on the
> Federal Reserve. The Fed had cut rates for the first time in four years and
> was worried the housing implosion would hit consumers and the broader
> economy.
>
> Today, the Fed's actions have juiced stocks and helped boost the economy,
> but the recovery after the 2008 financial crisis remains slow-going.
>
> Investors appear to have shrugged off the fight over $85 billion in forced
> government spending cuts. The Obama administration has started making the
> cuts and some federal workers are getting furlough notices.
>
> Get complete coverage of breaking news on CNN.com, CNN TV and CNN Mobile.
>
>
>
>
>
> 

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