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This is what a booming economy looks like.
This is called journalism today
- Thread starter Finklejag
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This is what a booming economy looks like.
Daily Job Cuts . Com
Take a look at all the layoffs and business closings from various industries across the USA.
https://www.dailyjobcuts.com/
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There is an event that will make the press completely negative on the economy - without any real fundamental change to said economy. Happens in early NOV. A change up top? Oh they will paint a negative picture. PM me for wager money.
Oh they might wait, but duck of the lame variety, maybe not long enough for most of to see no clothes on zee emporatorer.
Unemployment remains low and labor force participation for those of working age is high.
In terms of the theory that people would rather loaf than take a job, this seems unlikely in that one either works, lives off his savings (AKA retirement) or finds a nice bridge to live under.
There is no free lunch in our country, except for the brief period of COVID, which is now behind us.
You wanna live, you gotta work, or have enough in saved money not to have to.
I suppose that Mom's basement might be an option for some who really like games and lack any pride, sense of shame or ambition.
In terms of the theory that people would rather loaf than take a job, this seems unlikely in that one either works, lives off his savings (AKA retirement) or finds a nice bridge to live under.
There is no free lunch in our country, except for the brief period of COVID, which is now behind us.
You wanna live, you gotta work, or have enough in saved money not to have to.
I suppose that Mom's basement might be an option for some who really like games and lack any pride, sense of shame or ambition.
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I think the whole economy is based on free lunch. $35 trillion worth free lunch.
The last time the federal budget had a surplus was when some guy from Arkansas was president.
We've had a federal debt, never retired, since 1835, the last year of no federal debt.
Maybe not too much to worry about, and the federal budget deficit has little or nothing to do with an individual's need to be gainfully employed to live.
Next recession they will do 3X the amount of Covid cash that was handed out like Halloween candy.
This is what a booming economy looks like.
It's what a changing retail landscape looks like, the only store on that list I've stepped foot in within the last 5 years is Walmart, and if I never go back I'll be perfectly happy. All of those store SUCK.
Maybe the economy will start to change in late January or something. I am hopeful!
As am I.
I honestly do not see how the economy can be any better but we are a large country and maybe that is based on region. It's so strong here on a previous page I posted a postcard from the USPS. They need workers and sending out mailings *LOL*
Years back these jobs were in so much demand you had to know a relative or friend to get in the door, now they are mass marketing the jobs.
So any young adults living under their parents roofs is just an excuse. The job market is not going to be any better than it is today and in the coming decade it will be much worse is my feeling.
This is what is paying your salary right now, it's not going to go on forever.
https://www.usdebtclock.org/
Things must be different in Texas. In Chicago and Milwaukee I remember Sears stores at Milwaukee Ave. and Cicero in Chicago and at Fond du Lac and North in Milwaukee. In their best days these were blue-collar middle-class neighborhoods in the central city. There was no Sears on the Magnificant Mile, for sure. Nobody on the Gold Coast would have been caught dead at Sears.
As for policies that led to neighborhood deterioration, mortgage redlining by banks and blockbusting tactics by real estate brokers certainly contributed in the Rust Belt cities I know, along with freeways that enabled flight to the suburbs.
Some neighborhoods are irretrievably broken, just blocks of vacant lots. But my old neighborhood in Chicago has seen quite a bit of gentrification because you can catch the subway nearby and be downtown in 10 minutes. My dad sold a commercial building with a small apartment in 1981 for 20-something thousand, when the ni=eighborhood had hit bottom. In the last decade it sold for 10 times that.
Meanwhile, 60 years in some of the burbs are looking pretty rough. If you want to see some scary hoods...
But they got a really expensive coffee shop at the bottom!
Owen Lucas
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Could be an AI amalgamation.
Unfortunately not, but they do have some wrenches there, usually with two legs and two arms lol
And that's most likely using the government's inflation figures. If you used real world inflation numbers, adjusting for inflation it would be ore negative.
For you guys old enough to remember........ Is it real, or is it Memorex?
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