The Federal Reserve: Responsible for Artificially Lowering the Unemployment Rate

I was just thinking about this but why doesn't the Federal Reserve get involved with providing unemployment benefits to the unemployed? After all, it would help improve the overall economy. I mean, they're always talking about pumping in $600 billion into the bond markets ...

Looks like we finally know who has been lowering the unemployment numbers ... The Federal Reserve. Apparently, the sole reason for dumping $600 billion into the bond market every six months has been to lower the unemployment rate and this is why the rate is down to 8.9%.

However, this is a double edged sword because the Federal Reserve by keeping the rate down, even though there are still 15+ million unemployed Americans out there who have no unemployment benefits, isn't allowing the market to fend for itself and when it does pull back, then the rate of inflation is going to take over.

No wonder President Obama and the Democrats have been relying on the Federal Reserve. They're artificially lowering the unemployment rate, even though jobs aren't being created.

I just noticed the truth behind the Federal Reserve dumping the money into the bond market over the following article:

http://www.marketwatch.com/story/fed-faces-tough-choices-2011-03-15?reflink=MW_news_stmp