The local shipyard has been paying for pay and train ever since2 years before covid. They could see the boomer retirement hitting the. In the face.
Our culture has supported too many losers.
Too many non workers have been coockoos in the nest taking time and treasure from raising competent young adults.
We got what we paid for.
ADP has revised their process. New data cannot be compared to old data.
UBI of Yank has effectively been tested and failed the test.
Many people in the gig economy do not show up on traditional employment reports and other economic statistics. One feature of many in the gig economy is to “fly under the radar”.
A market economy can gradually adjust to changes. A central command economy cannot. Among other things, government action is always slow to act. The FED knew in Jan 2021 that Larry Summers and every honest economist was correct in saying that the American REscue Plan was a bad idea. It was totally contrary to everything that both the Austrians, Keynesians and every mainschool and fringe economic theory knew.
Thus, a command economy is often run by incompetents. They destroy the country, not because they hate it, but because they don’t understand it and are stupid fools.
But th Fed was slow to act until June 2022. Why? All the same, don’t blame the firefighter for the fire started by Biden Admin.