The following chart shows the number of Americans who are not on food stamps.
Click to enlarge.
If a growing population is supposedly the solution to all of our problems then perhaps we should start creating more high paying jobs. I think it is going to be an extremely difficult task.
If one considers rapidly increasing automation and an increasingly global competitive environment, I am not at all confident that what worked in the past will extrapolate well into the future.
USDA: Supplemental Nutrition Assistance Program
St. Louis Fed: Population
FHFA: House Prices increased 0.5% in August, Up 4.8% Year-over-year - This house price index is only for houses with Fannie or Freddie mortgages. From the FHFA: FHFA House Price Index Up 0.5 Percent in August *U.S. house pric...
34 minutes ago