Well, as states stop paying people to not work, those jobs will start getting filled.
.......amen....!! a relaative of our had their A/C konk out the other day....they have contacted 3 HVAC firms to try to get their unit replaced; no can do....these firms cannot find people who want to work for them...they would rather sit on their butts and collect unemployment...! this country is screwed...what ever happened to that time-honored protestant work ethic, or whatever it was called....jus’ askin’ .....
What we’re experiencing is still the Trump economy.
Other than destroying thousands of energy jobs by stopping the Keystone Pipeline project, Biden has thus far, not (yet) put forth any policies ( tax, regulatory, etc. ) that has changed any of the previous policies.
But give it time, that could happen by 3rd quarter of this year unless Republicans stop what ever nonsense they are planning.
No doubt the democrats will claim it Biden’s success.
ALWAYS say no, Trump’s success.
Trump got the vaccines in record time that made the blue states ease restrictions. Hate the vaccine or not, but once available and people started getting it (150 million plus), the democrat tyrannical governors could hardly keep the lockdown scam going...
It is indeed strange to see the stock market still up and people taking profits in anticipation of higher capital gains tax later making profits today more sensible. Spending those dollars there a real estate pricing booms in a large number of locations. However, the lumber price quintuple, the new car drought due to long term chip shortages are really causing home a car prices to spike like crazy due to availability. All this potential spending and it is being funneled into narrow inflationary avenues.
I’m selling my vacation home, so I am greatly benefiting from this situation as a retired senior, but holy cow, what a weird market out there.