Economy

The supposedly good but still dismal February job numbers were actually bad.

"Although it is often overlooked, a key statistic for understanding the labor market is the length of the average workweek. Small changes in the average workweek imply large changes in total hours worked. The average workweek in the U.S. has fallen to 34.2 hours in February from 34.5 hours in September 2013, according to the Bureau of Labor Statistics. That decline, coupled with mediocre job creation, implies that the total hours of employment have decreased over the period."

Uh-oh.

Inflation doesn't produce economic growth.

"Contrary to Evans a strengthening in monetary pumping to lift the rate of price inflation will only deepen economic impoverishment by allowing the emergence of new bubble activities and by the strengthening of existing bubble activities.
It will increase the pace of the wealth diversion from wealth generators to various non-productive activities, thereby weakening the process of wealth generation."

All economic activities, and therefore all jobs, are not created equal.