There is going to be a rumble.
Not one to shy away from voicing his opinion, CNBC’s Rick Santelli on Friday clashed with his colleagues over topics that included Quantitative Easing, unemployment, and Fed’s supposed plan to revive the U.S. economy.
“Five years into this crisis, I think it’s all disappointing,” Santelli said, referring to recovery’s slow pace. “It would take five years at the present job rate to get to where we were before the crisis.”
Indeed, as noted earlier on TheBlaze, although today’s unemployment numbers are heartening, there’s still a lot a work that needs to be done before we can get back to pre-recession employment levels: