Wednesday, June 30, 2010

Jeff Gundlach, DoubleLine

Jeff Gundlach quotes:
Job growth in the government sector, he said, is virtually self-defeating from a fiscal standpoint. “Government workers are being paid with taxes on borrowed money,” he said. “If you are going to create government jobs, you are just borrowing more money. Those aren’t real jobs.” The net result is that we are mired in a jobless recovery.

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