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Markets and Economy

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6 minutes ago, Hohnywx said:

 

Job growth smashed predictions for November 2019, with 79,000 more new jobs created than analysts predicted:

 

https://www.cnbc.com/2019/12/06/us-nonfarm-payrolls-november-2019.html?fbclid=IwAR3LWZFSjabxm__Uv-CmiNOttzKHgvX1Uj8USfBa9wBlF6MDJobVg0N7VyA

We are at the highest inflation adjusted meadian income ever and have made an insane jump higher in the last year.

Year over year, median household income rose by 5.1% now at

median-household-income-in-the-21st-century-nominal-and-real-estimates-200001-201910.png

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If the new normal is to shutdown the economy every time a new virus shows up, we're going to get more frequent recessions, societal disruptions and stock market crashes.  And that doesn't even begin to address the cost of government intervention.

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I think it's getting obvious that we need AI to be perfected ASAP. So then productivity for certain goods aren't interrupted. That will help rebuild our economy quicker. 

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