We Need a Care Package!
We've built an economy that depends on unpaid and underpaid care, but penalizes the people who provide it.
Voilà—today's statement from the Federal Open Market Committee. The Fed will use "all available tools." Yawn... But there was one dissenter, Jeffrey M. Lacker, "who preferred to expand the monetary base at this time by purchasing U.S. Treasury securities rather than through targeted credit programs."