Economy and the markets, lets bring in diane swonk, with mesereau financial, brian bell kin, and dan greenhouse, a cnbc contributor. Good morning to all of you. Diane, if im not mistaken, you werent too far away on your guess, were you . The original guess was closer than the revised guess. I was surprised on the downside and the downward revisions are a disappointment. Some of the key issues that are important here, youre starting to see the imprint of obama care and sequester. The people moving from full time employment to part time for furloughs are really picking up right now. Youre getting all kinds of anecdotes in the contractors to the defense industry. Were also seeing in the Health Care Industry Health Care Employment has really slowed. Thats where medicare cuts have are starting to come through. And back off as many people are working from full time to three days a week, and thats showing up in the Unemployment Rate, the number of workers taking part time for economic reasons
How a divorce between the Treasury and Fed helped build the modern economy insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.