Friday, May 6, 2016

From sluggish to terrible: the labor market

Today's employment report of 160,000 jobs in April is a terrible number, compounded by the downward revisions in February and March.  Tough luck for the middle class. They can expect further reductions in American living standards.

Meanwhile, the elite classes:  Obama, Buffet, Gates, Gore, Pelosi, Trump can move from limousine to jet back to limousine, basking in their dominance of the economy.  The bureaucrats and academics have to love this!

No comments: