Even with all of this AND QE, we still do not have corporations making investment in employment.....because demand is still depressed.
Capital IS NOT THE ISSUE.
1/5 of those jobs are at temp agencies. After Walmart, a temp agency is the second largest employer in the US. Why? Because its becoming too expensive to have your own staff.
"Half full or half empty doesn't matter. What matters is, you've only got half a glass...so what are you going to do about it?" - Me
No, the oil boom is still a demand driven event, they will not go for easily extractable oil if the costs involved do not make it profitable. These are international oil corps making a market driven choice, there is still enough demand on the open world market for this particular area to be a going concern.it is investments like investments that oil companies used to find and extract oil that caused the oil boom in Dakota which caused the McDonald worker to make 16 dollars an hours
It is demand driven, not investment driven, you have it all backwards.