I really should have entitled this piece “The Emperor Has No Clothes” however that would describe the entire
Therefore, “Here Comes 5” is the most appropriate since it is very possible that this week we could break 6% unemployment barrier and proclaim we are quickly approaching full employment. (Fed considers that somewhere between 5.2% and 5.5%)
This Friday, August 1st, the government will once again, as every first Friday of the month, tell us the number of people who have retired to the
So the out of work continue to be discounted when the powers to be are striving for full employment.
Many of the $70,000 pink slipped Microsoft employees who have discovered that the Nokia acquisition was not it was all cracked up to be are competing for the hourly sales jobs at Radio Shack. The 300 golf pros at Dick’s’, recently made aware that they didn’t make the cut, are quickly moving on as starters at their local municipal golf course.
Yes, jobs are plentiful and we should all be grateful that the 44th President has kept his eye on the ball in the quest to lower unemployment. Perhaps one of the former Dick’s employees could occasionally caddy for the Chief Executive so he can keep his eye on the ball that really matters.
Since the 44th has been such an admirer and advocate of the socialistic policies of FDR, during the Great Depression, I’m waiting for his announcement about the newest governmental jobs program called the “SHOO-AWAY”.
Yes, I can see the President with twenty youths and seniors standing behind him in a park in
Forget that Emperor thing because the “SHOO-AWAY”
is here to stay.
HERE COMES 5
Along with his 40-years of dedication in the financial services industry, Bill is the President and CEO of GPSforLife, has recently authored a highly successful book entitled 44th: A Presidential Conspiracy, publishes his dynamic monthly financial newsletter MacroProfit, and faithfully continues his third decade on the radio with It’s All About Money, which can be heard weekdays on Money Radio in Phoenix and in podcast form on his website (and on smartphone apps) published at billtatro.com weekdays at 5pm Eastern. Bill can be reached via email at email@example.com and on Twitter @tatroshow.