Posted on 11/19/2024 5:27:43 AM PST by arthurus
The entire improvement of the labor force since 2021 came from foreign workers, and the employment-to-population and labor force participation ratios remained significantly below 2019 levels. Real wages were stagnant in the past four years using official figures. Investment was weak, and the Russell 2000 index, which includes the top small-cap companies generating most of their business in the US, reflected an insignificant 1.8% sales growth and no real earnings growth between 2021 and November 2024.
(Excerpt) Read more at dlacalle.com ...
This matches what we have seen with our own eyes.
Interesting.
My bosses didn’t know what they were doing. They didn’t care as long as there was a profit. The missed opportunities got us in trouble but our job was to follow orders.
The "official" governments' information is become a manipulative tool for said governments -- plural -- to hide their failures.
Browsing Shadow Stats is eye-opening.
So William Shatner is wrong?
Exactly right. You can’t run up the cost of fossil fuels and not start a recession. That’s exactly what Bidenskyyyyyyy and his VP, Harriskyyyyyyy/Walzkyyyyyyyyy did. The Energizer Bunny isn’t real. It’s a myth. America cannot run entirely on batteries.
and with increased government hiring which has provided a large chunk of "increased employment" and has boosted the official GDP numbers ehile actually depressing the actual economy further by the effect of government crowding spending out private investment
This Guy had heard that the S&P 500, but moreso just Dow 30, are where the growth begins and ends, unfortunately.
This article mentions the Russell 2000 being back on its heels. But there’s a wider Wiltshire 5000 that’s presumably sucking wind.
Being a smallish public company, too small to maintain a lively stable of in-house compliance attorneys, is said to be a pretty dicey proposition these days. Ruin can arrive on your doorstep on any given day, from any direction, unpredictably. So transitions tend to take place from public to private, just to get out from under the burden of being public and buy some time and flexibility to try to survive and, hopefully eventually, thrive.
By next year, the Press will start saying it.
Totally on target. Government produces no actual products, and grows to crowd out private society. The goal of government? More government. Rather simple, actually. Rather stupid in practice.
PS Your "About" remarks on Islam and jihad are spot on. Kudos!
Yes, if he says we aren’t, or haven’t been in a recession for years. I have limited bandwidth, and don’t often take the time to look at the utterings of a 90+ year old for any other reason than mild curiosity.
I don’t generally worship celebrities, especially 90 year old celebrities who by being 90 years old, get the benefit of the doubt, as most any 90 year old would.
I like William Shatner as an actor and occasional clown who understands his role, but his views on anything meaningful are to be taken at face value considering the source.
That made me chuckle with a dry, derisive chuckle.
That is spot on! “The Trump Economy” will be a prime target for the Left and the Media.
It matches what my 401K has seen stagnate moving in the wrong direction.
Grrrr.
This is the greatest economy in 50 years. /s
Thanks for the Shadow Stats link. I bookmarked it for periodic reference.
Thank you, when government deficit spending accounts for 17% of GDP and you only show a 2% GDP growth at best you are in a recession. Now remove deficit spending from the equation, now you are in a 15% contraction in the best case (recession). I’ve been stating this for years.
Yep.
In this day and age of trans-politics and more, words and numbers have ever more importance than merely accepting them in a headline.
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