Boom Times are Back: Everyone is Quitting Again!

[Jordan]

The boom times are back! Thanks to falling unemployment, now measuring in at just 5.7%, Americans are quitting their jobs at a pace not last seen since before the last recession.

If people are quitting their jobs, the logic follows that it is because they see better opportunities. If not for the stimulus plan and TARP, the United States would be looking a lot like Greece.

Quits in low-paying industries are particularly pronounced, showing signs that the boom times are back, baby.

Recent news of a growing economic boom across the United States:

1. Unemployment falls to 5.7%
2. Wage growth back to pre-recession levels
3. S&P 500 triples from its 2009 doldrums
4. Housing starts are holding above 1 million annually

 

[NorthCarolinaLiberty]

"Boom times." LOL. The US has been on a slow decline since about 1960. Output has declined. The east is up. The west is down. China invests millions in African infrastructure. Meanwhile, US based Dunkin's Donuts invests in fat bellied Americans in California.

Today's generation with even shorter attention spans think 3 years is a long term trend. The "Morning in America" of the Reagan era dies hard. People are still living the 1950s glory days.





'84 Reagan campaign commercial. Ed Rollins and Peggy Noonan must still be going strong in 2015.












Glory days
Pass you by

 

[oyarde]

The boom times are back! Thanks to falling unemployment, now measuring in at just 5.7%, Americans are quitting their jobs at a pace not last seen since before the last recession.

If people are quitting their jobs, the logic follows that it is because they see better opportunities. If not for the stimulus plan and TARP, the United States would be looking a lot like Greece.

Quits in low-paying industries are particularly pronounced, showing signs that the boom times are back, baby.

Recent news of a growing economic boom across the United States:

1. Unemployment falls to 5.7%
2. Wage growth back to pre-recession levels
3. S&P 500 triples from its 2009 doldrums
4. Housing starts are holding above 1 million annually

I was wondering when you would show up . Thinking about quitting myself .

 

[oyarde]

Not too sure about the boom times though , looks like continued stagnation to me , been going on for quite some time. Stimulus , TARP ? lol, nice .

 

[amy31416]

The real world is a tad different, Jordan.

 

[NorthCarolinaLiberty]

I was wondering when you would show up .

This Jordan fellow sounds like Zip's alter ego. Heh heh.