This summer will be an important time to give us clues regarding how the economic recovery will progress. Two important two reasons, one, unemployment insurance payments will fall off and two, temporary stimulus measures will run off as well at the end of July. This is when we should see to what extent there will be re-hiring from the temporary layoff pool. From this point the employment data will take a more important meaning for the future.
Thus far the extra income (from MMT) has gone mos