http://realinvestmentadvice.com/resources/blog/employment-data-confirms-economy-is-slowing/
Personally, I long for the days when deficit spending didn't keep us out of economic healing. However, I do understand that deficit spending has that strong effect in a Ponzi Scheme system. (I do wish I had time to get a PhD in at both finance/economics and nuclear physics, but I don't) So, when we tip into recession this time, it should be a doozie!
The Costco observation comes from me. I visited in person today. I don't think I've ever seen it even remotely as empty of both consumers and product. And the product they had was pretty much confined to food (Mexican produce and CA wine) and the cheapest of Chinese "clothes" (with all the cheapest spun-plastic casual clothes, which will turn into microplastic and clog your brain, if some "homeless" person doesn't set it afire soon) and not a thread of actual fabric of any sort to be found).
I swear, I'm pretty sure they widened all the aisles considerably to help disguise the fact that there was so little product to sell! And, despite that effort, they actually had PRODUCE PROMINENTLY STAGED IN THE CLOTHING DEPARTMENT! Depressing, for Costco -- and the consumers!
And when the hell are we going to get our 20 million illegals thrown the hell out of the country? The article points out that with 80% of the economy calculated from "consumer spending", any time we don't add at least 200,000 real jobs a month we are guaranteed the "growth" in spending is negative.
So, if we deport out more than 200k illegal-consumers a quarter, without government growing, are we guaranteed a recession??
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