Using out of touch metrics that say nothing about how the median household is doing is not helpful.
On the other hand if you measure by how much the shareholders are getting richer, the layoffs are exactly why the economy is considered booming. Record layoffs lead to record short term profits for the wealthy few.
Combined with billions in weapons being ordered and produced, oil producing competition being crushed, while gimping Europs growth. The Chinese hurting from the Evergrande debacle and the lithography embargo.
Plenty of reasons for the US as an entity to celebrate.
Using out of touch metrics that say nothing about how the median household is doing is not helpful.
On the other hand if you measure by how much the shareholders are getting richer, the layoffs are exactly why the economy is considered booming. Record layoffs lead to record short term profits for the wealthy few.
Combined with billions in weapons being ordered and produced, oil producing competition being crushed, while gimping Europs growth. The Chinese hurting from the Evergrande debacle and the lithography embargo.
Plenty of reasons for the US as an entity to celebrate.