It's The Economy Stupid
Posted: Sat Nov 08, 2014 5:58 pm
and it's about what kind of jobs are being adding.
And they wonder why more kids are still living with their parents longer?
The employment report for October, released on Friday, reflects a steady-as-she-goes economy. And that is a problem, because for most Americans, more of the same is not good enough. Since the recovery began in mid-2009, inflation-adjusted figures show that the economy has grown by 12 percent; corporate profits, by 46 percent; and the broad stock market, by 92 percent. Median household income has contracted by 3 percent.
And they wonder why more kids are still living with their parents longer?