Typical of this administration, 288k new jobs in June

[Rudeboyelvis]

Originally Posted by joeydb

One would think that both effects you describe are self-correcting market forces. If people are not getting anything to show for college, less of them will go and the price for college will come down. If people can't buy goods, the profits for those companies will decrease, resulting in pressure to lower the price or do something different in their processes of manufacturing...

Or, if the past 6 years are any indication...you know, since this has been going on already.... no crystal ball is required.

They just manufacturer less and cut more jobs. Then hire a whole slew of part time / temp workers to fill in if/when necessary.

So then we can get threads like this one to celebrate how everything is back to normal because "teh jubs r back"

The 1% never gets hurt regardless of how desperate and bleak the economic picture becomes. The quality of life we enjoyed prior to the crash is never coming back - at least not in your or your children's lifetime.

Just simply applaud the amazing job this administration has done "creating" 288K new jobs and smile for 'Merica.