From time to time people in the news like to say “The US economy is recovering”. Well, I am here to tell you the economy of the United States will never recover.
As long as we have free trade with nations like China, the US economy will continue to free fall.
The federal reserve and the government can prop the economy up for short periods of time, but these fixes are temporary.
Article on Yahoo News – Lost Middle-Class Jobs Being Replaced by Burger-Flipping and Retail Gigs: NELP Study
For the past 2 decades we have been told the United States job market is shifting from manufacturing to service orientated jobs. Unless you are a doctor, lawyer, banker,,, someone that provides a valuable service, the service job market is going to be low wage jobs.