I believe the opposite is true...
Seen it happen enough times now...Like right now, the stores in my area are booming...Parking lots filled with cars...A lot of fast food joints and small businesses have help wanted signs...
Someone will come on the tv and claim we are in a recession...People will get scared and quit buying...That's how they start a recession...
This October recession has been talked about since the Spring...No doubt in my mind it was planned...
They need to have a large army of under 30 hour employees to fit the Obamacare model of no medical benefits for employees under 30 hours.
But is that kind of employment going to work for millions of people trying to support themselves or their families?
If they work two of the 30 hour or less jobs they might do better, but the cost of providing their medical coverage under Obamacare is a burden.
I work two jobs right now, one for the government where I get the bennies at a higher cost because of Obamacare, the other for a private employer where I get extra cash to pay the bills.
The other folks out there don’t have it that well and one wonders how they make ends meet? Do they live with relatives? Can they afford a home? How do they do it?