“Ten” is absolutely correct. Furthermore, author Blumer continues the media-frenzy claim that we are entering a recession. I think Blumer is still wet behind the ears; an inexperienced juvenile scribbler with no historical perspective under his belt.
I remember when Senator George McGovern repeatedly tried to make the government the employer of last resort when the unemployment rate was nearly 10%, inflation was in double digits, and the entire economy was in stagflation.
Today, unemployment is around 5% — just above what economists call “full employment.” Inflation is benign at around 3%, and the economy is still growing [making a lie of claims of recession].
This is an election year, folks. The MSM has a vested interest in pretending we’re going through Jimmy Carter-style doom & gloom. But the stone cold reality is that the U.S. economy has never been healthier.
As long as we keep the very inexperienced Odumbo from throwing hundreds of billions of our tax dollars at a an unemployment non-problem, we’ll be just fine, folks. Relax!
