Fed: Unemployment Wouldn't Be So High If People Weren't So Darn Uncertain About Economy

Fed: Unemployment Wouldn't Be So High If People Weren't So Darn Uncertain About Economy

When I was a tiny little lad, my coach said the only thing keeping me from being a great soccer player was confidence… and my utter inability to kick the ball in anything resembling a straight line, but also my confidence. Now some number-crunchers at the Federal Reserve Bank of San Francisco say that the country’s unemployment rate would be a touch lower if we had all just been less uncertain about the economy. [More]