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TopicDecember jobs report: Black unemployment hits ALL TIME LOW
TheMikh
01/05/18 11:30:14 AM
#39:


I'm a bit skeptical about the unemployment rate, as it doesn't account for people that have dropped out of the labor force for an extended period of time and aren't actively seeking employment.

All in all though, I'm convinced the economy is in a transitional period between a "stable" but low-growth economy due to Obama/Fed rigging, and a somewhat less stable but high-growth economy due to Trump tax cuts and deregulation, characterized by a great deal of bullishness due to the simultaneous wealth generation and stability. But I don't think this will last, and we're overdue for a correction before organic growth resumes and we see a truly healthy economy.
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