– US Economic Data Is Having Its Worst Year Since At Least 2000 (ZeroHedge, March 16, 2015):
It’s getting old but the percentage of missed expectations in economic data is now over 90% since the start of February with three more added to the long list today. This has pushed Bloomberg’s US Macro Surprise index to its worst start to a year on record.
Not pretty…
This is the worst start to the year since records began…
But this Bad news is Great news!!!
Charts: Bloomberg
In 2000, there were still a lot of good paying jobs, no longer the case save for a few pockets of prosperity. Since 2000, we have lost at least 40,000,000 jobs of worth. The companies that went bust are too many to list, but even the companies that have survived are much leaner.
The worker now has a tenuous hold on any job, he is dumped the minute he can be spared. Gone are the days of job security out of college……..the US is no longer a land of opportunity, but of exploitation.
Sad, empire in decline.