Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


View Single Post
Old 03-30-2018, 11:34 AM   #22
Parkview_Pirate
Registered User
 
Parkview_Pirate's Avatar
 
Join Date: Jan 2015
Posts: 1,962
Of course employment numbers are only part of the economic picture, and the ones we get from Uncle Sam are pretty distorted.

I prefer the numbers from ShadowStats, which show unemployment above 20%, with a recent bend up earlier this year.

http://www.shadowstats.com/alternate...loyment-charts

When you take into account real wages, part-time and underemployment numbers, the average Joe has it pretty rough. Back 40-50 years ago, most families got by on one income. Today, it's a rarity.

Charles Hugh Smith has a pretty good handle on employment and the economy, IMHO, and has some nice charts to back up his posts. This recent one shows the "robust" economy we enjoy today is all at the higher end of the spectrum. Not a good formula for stability. The demographics on this forum are more likely skewed to the high side as well (since we're mostly 50+ pups), and don't reflect the experiences of the average American, if there is such a critter.

https://www.oftwominds.com/blogmar18/4-cycles3-18.html

With Trump set up to take the fall when the market goes south, then his supporters will be singing a different tune - not that it'll be his fault, but that's the price of being at the wheel when you hit the iceberg.
Parkview_Pirate is offline   Reply With Quote Reply
 
» Advertisement
» Current Polls
Which horse do you like most
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 05:56 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.