Besides showing a lack of faith in the economy, the Fed hints at another cut should be setting off alarms about the risk inflation. Wall Street may be celebrating with this news but it doesn't sound so great for the bulk of Americans. Despite some of the glowing reports about the jobs report for September, the numbers reported were still soft and barely over 100,000 though that seems to be a reflection of just how low the bar has been set during this administration. If you can't even keep up with the average incoming each month - and this has rarely happened in recent years - then it strikes me as laughable that some are celebrating but celebrating failure is what the GOP is all about.
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