This just about says it all. Citigroup:
Average hourly earnings were unchanged, and up just 1.7% over the past year, matching the slowest pace on record.
It’s hardly an encouraging sign of a nation’s economic vitality when its most optimistic policymakers are its central bankers.
The expanding Internal Revenue Service scandal could hardly be any more Drudgeriffic.
It was an unusually feisty weekend in corners of the blogosphere and Twitterverse where dwell economists and economic-policy wonks.