Well, actually the stated point of the Fed's move is to spur inflation and that requires monetary velocity (spending and re-spending). For that stock buybacks a

Well, actually the stated point of the Fed's move is to spur inflation and that requires monetary velocity (spending and re-spending). For that stock buybacks are not very effective (relative to other Gov spending), because the money just stays in people's investments and doesn't go anywhere. Also, I think you really want to look at the participation rate rather than the un-employment (which has been steady for a year whatever the Fed is doing).