I know I am seriously considering leaving the workforce.
I have a rental vacancy in what was once a blue collar neighborhood bedroom community.
Received probably 50 responses and of that probably 5 of them work.
I do believe the rest of them are waiting for the cancel rent legislation to go through.
Really? You can't reduce costs with new plant and equipment or worker training and improve productivity?
You can't reduce raw material costs, energy costs and transportation costs by exploiting natural resources readily available in the US?
You can't reduce the enormous costs of government regulation and taxes?
Great example of how most of our economic elite as well as our political elite needs to be removed.
Not one word in the article about demographics. The Baby Boomers are retiring. They are the largest generation in American history. We’ve always known they’d be retiring this decade. The next generation is smaller. According to Peter Zeihan we will be four hundred thousand workers short each until 2035.
Link to a Zeihan presentation on demographics.
https://www.youtube.com/watch?v=yttug-a3sWI&t=459s
That’s how you get a low “unemployment”rate in an economy that is shrinking altogether while growing at the top and really shrinking at the bottom.
The RINOs gave themselves over to protecting big business on good capitalism reasons and the woke took over the capitalist board rooms to steer private enterprise into a centrally planned socilaist economy with “climate change” and other woke items merely a wedge to that end.
Lots of people are working, just under the table or not reporting it in any way.
The Marxist cabal via puppet ByeDone is CRUSHING our economy.
Best economic recovery in history. Just ask Biden.
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Government making it easy to live in poverty.
“you need to bring demand down even more in order to cool off wage growth”
Raise your price, moron. That kills demand real fast. Or pays for wage growth if it keeps up.
This idiot is an “economist”?
I know better economists standing out in the hot hot sun of the average car lot.
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According to Denninger….it’s the $hots.
But I’m sure the IRS will have no trouble finding 87,000 agents. 😆