Sunday, February 14, 2016

Prepare For 0% Unemployment

And rioting. At the same time.

The Fiction Peddler In Chief:
"Let me start with the economy, and a basic fact: The United States of America, right now, has the strongest, most durable economy in the world. (Applause.)"

"Anyone claiming that America’s economy is in decline is peddling fiction. (Applause.)"

"Now, what is true, is that we are transitioning to a *new* economy where no one has a job and we just trade worthless stocks back and forth pretending to be wealthy. It's called CasinoConomy..."

"That's just part of a manufacturing surge that's created nearly 900,000 new jobs in the past six years."

"We lost 9 million manufacturing jobs since 1979 while the population grew by 100 million, but we gained back 10% in six years. And now we make the best cappuccinos in the world. We have a competitive advantage in Mocha Frappuccino"

"Our housing recovery is going well, we're back in the 1960s..."

Wages % of GDP with Manufacturing employment

"Sorry fellas, we can't afford corporate revenue, so these stocks have to go..."

Profits lead jobs. Up and down...
Jobs (red) and Profits (blue). Year over year change:

"I had no idea I'm such a fucking idiot"