[mountainlion]

Each week unemployment unexpecidly rises while Gallop say job creation reaches a 6 year high. I think these people are high.

[MrB]

And the stockmarket continues to maintain it's 16k level...
and there's no inflation.

Some people think they'll be able to keep these balls in the air forever...

[cuban leaf]

Thing is, job creation could be at a high, but so is the population. Using small numbers, I see what is happening this way:

In the past, 100 people would enter the workforce via age, graduation, whatever. At the same time 95 to 105 jobs were created. This means that the number of jobs continually goes up, and the number of people entering the workforce goes up by about the same amount.

Now we have a situation where we have “more jobs than ever”, but we also have “more people than ever”, and at a rate growing faster than the number of jobs. e.g. now when 100 people enter the workforce, only 60 jobs are created.

You can’t do that for very long before the concept of compounding really destroys the culture - and in the process, the country.

We are actually watching it play out not just in the US, but in the entire civilized world.