Howz that debt resulting from paying people to stay at home and not work working out in regard to "building gdp and full employment." UsualTard = EconoTard
It’s moving in the right direction. I’d like to wages go up higher before unemployment goes too much lower. We are seeing poaching in response to labor on the sidelines. I’m hoping this translates to mid-year raises as a retention strategy. We will see but “now is not the time to get wobbly” as you say.
A lot of traders on here seem to undervalue education. In most cases, young people getting degrees pays off long run for the country, and there is just too much burden placed on students in the US.
My company has lenders and we are always shopping new lenders. More and more capital want to see a company profile that includes an education snapshot of staff. So you ain’t kidding employers want an educated workforce because they want access to capital. I will say this, oftentimes when the comparison of education costs to lifetime earnings is made the education costs only include the cost of a college degree, not the interest paid over the life of the loan. It is misleading in that respect. They should at least double the cost of a degree with an interest factor.
Obama inherited the shitfest that was Moron Dubya's fault along with the criminal ratings agencies, banksters and total lack of responsible oversight- you still have the same joke regulation in the US.
No, it was Clinton who asked them to be responsible. I lived in the US at that time and I knew the mortgage business. Dubya's cretinous trainwreck was the usual Retardican shitshow- corrupt, deceitful dishonest and pandering to the elite radical right wing, like Rumsey the war monger
Yeah your not necessarily wrong, but did America really have a choice? Are you really making your position that the '08 bailouts and the COVID relief packages weren't necessary?
Wuhan Bailouts and Wuhan relief packages were unnecessary if Marxist and Leftist politicians wouldn't have been stupid and locked down the country.