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Friday, October 25. 2019

Political QQQ

"If you only listened to MSNBC, you would never know that the United States currently has the strongest economy in the history of human civilization."


Scott Adams, today 

Posted by The News Junkie at 15:27 | Comments (2) | Trackbacks (0)

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The strongest economy? I don't believe that for a minute. All I see are people who are one paycheck away from disaster. A strong economy is supposed to represent low anxiety, job security, and economic growth. We don't have any of those things. Numbers alone don't mean anything. What we have is a governmentalized, corporatized, unionized, computerized, mess.
America is teetering on the brink of a meltdown.
#1 Ron Liebermann on 2019-10-25 20:21 (Reply)
A lot depends on how you compare economies. By total GDP, per capita GDP, employment and probably a few other measures, nobody's close. Our economic growth, while not as good as we'd want is better than any other established economies, but we lag economies that are more in the "emerging" category.

Anxiety and security are highly related to the news media which has nothing good to say about anything related to Trump. I'm not in the job market but I would think that with high employment and high productivity, there should be pretty decent jod security.

That's not to say that there aren't things to worry about - debt, AI, and Democrats - to name a few. But overall, things are bubbling along.
#1.1 mudbug on 2019-10-25 23:40 (Reply)

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