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FSN: Healthcare Jobs Expand Servicing Many Older Americans with Little to No Savings
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
Since the recession started top employment fields related to healthcare. Over 10 million Americans no longer in the labor force
from My Budget 360
Get used to sluggish growth. Although the political season is in full force and every candidate is promising you unicorns and roads to utopia if you vote for them, the reality is we have some built in challenges that neither party can easily fix. The unemployment rate has trickled lower thanks to lower wage jobs being added but also, a gain in the number of those not counted as part of the labor force. The number of Americans deemed “not in the labor force” has surged by 10,000,000+ since the recession started. As a consumption based system, what happens when the middle class begins to thin out? At the core you need a good number of people with disposable income to fuel industry. The ultra-rich are not going to buy 1,000 Ford’s just because they can and the 46 million on food stamps are not going to add any hidden boosters. The stock market’s lack of volatility is basically betting on the Fed and European Central Bank bringing out a monetary bazooka. The problem of course is that they’ve been throwing monetary RPGs at the system for years now and look at the results.
Continue Reading at MyBudget360.com…
2012-08-17 08:04:42
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