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
Friday: Yellen, GDP, Consumer Sentiment - From Merrill Lynch on the March employment report: The recent employment reports have been exceptionally strong with job growth averaging 293,000 a month ...
6 hours ago