October’s Sobering Jobs Report Adds to Mounting Bad Economic News
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings.
Data on employed persons, wages, and other measures point to trouble ahead in an economy already strained by growing bankruptcies, mounting debts, and disappearing savings.
For 2023, the United States will likely post the worst GDP growth—excluding debt increases—since 1929. In other words, the country is in a recession disguised by bloated deficit spending.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023.
Sponsored by Scott and Cathy Ullery.
Modern prosperity is astonishing, but it can quickly disappear if our monetary unit fails. We need to keep up the fight for sound money.
Sponsored by Michael and Lisa Keller.
Sponsored by Dan Johnson and Randee Laskewitz.