There’s a bunch of different ways to define the unemployment rate. You’ll note this doesn’t count people who have just given up on trying to find steady work and are scraping by however they can, among other groups. U6 includes everyone who could be working, but is not, in simplest terms. It’s because Trump literally thinks that everything is about him. In his mind, Floyd was either a good person who would love Trump and be happy about the job numbers, or Floyd is a bad person who wouldn’t care about how good a Today Number Is Zero Zero Kids Are Listening To Me Ah Ah Ah Vintage Shirt job Trump is doing and would side with the evil protestors. There’s no third option. There are only “people who are personally loyal to me and will kiss my ass,” and “bad people who deserve anything bad that happens to him.”
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And when you have that kind of toddler mentality, you also imagine that other people see things the same way. In his mind, saying that Floyd would be happy with the job numbers is praise. It’s saying, “He’d be personally loyal to me and like what I’m doing,” and he expects us all to go, “oh, that’s so nice, that Trump is praising him.” And maybe that’s what his followers think. But it doesn’t seem to occur to him that some of us don’t see “loyalty to Trump” as unconditional praise. We’ll see how it plays out, but I don’t see any evidence that this is the start of Today Number Is Zero Zero Kids Are Listening To Me Ah Ah Ah Vintage Shirt some amazing recovery.
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The thing I find really scary this time is automation is much farther along. However, as businesses struggle in a down economy suddenly it will make sense to replace huge swaths of their employees with automated solutions, and today the technology is much farther along than it was a decade ago. Sure, that machine might cost some multiple of the salary a person would make for a year, but that machine will work 24 hours a day and continue to do the job forever. Just so many jobs fall into this category and unlike so many previous technological jumps this one isn’t a force multiplier for Today Number Is Zero Zero Kids Are Listening To Me Ah Ah Ah Vintage Shirt human labor, it is a complete replacement.
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