Economic crisis in US. There is no "boom".

[BigCityDreamer]

Originally Posted by COcheesehead

The last Micky D's I went into had 4 or 5 iPad like devices the size of my torso standing in the lobby. I ordered, grabbed a numbered table tent, sat down and my food was delivered.
The beginning of the end is near for the fast food worker.

That’s true, but I think the employees still working there make more than $10 an hour.

And these are mostly Hispanics who speak very little English.

[ddm2k]

Originally Posted by johnsmith5a

how can anyone with a sound mind think the US economy is doing "great"? I have never seen so many crummy jobs paying $10 or $12 an hour. many don't even pay $9/hourly. the wages adjusted for inflation are probably slightly less than they were 20 years ago. america is a declining economy and it's getting worse. we're not going to believe this propaganda coming from Mr. Trump and the US media. i've never believed it. nothing but lies! people are defaulting on student loans and living in cars and i'm sure it hasn't slowed down lately. does that sound like a "boom" to you?

Manufacturing will never see a renaissance in the US. The automobile industry can wax and wane with employment numbers, but we will never again see as much employment in furniture factories, tobacco factories, or steel mills. This segment is all but gone.

There is a higher bar for $20 an hour than there was 20 years ago. It's more than just showing up on time and keeping up with production. This "boom" is largely focused on the white collar sector and to a few STEM majors. Hyper-focused to a few niche roles, if you will.

If you're not the college type, now is an excellent time to enter a trade. Not necessarily plumbing or construction - you can work for a telephone company, railroad, power company (lineman). The jobs are there, just not a lot of people wanting to do them.

[COcheesehead]

Originally Posted by Grlzrl

You are reading the month of July, not the year.

No, here is a quote from the link


“Real average hourly earnings decreased 0.2 percent, seasonally adjusted, from July 2017 to July 2018”

[toosie]

Originally Posted by Mathguy

Since the OP isn't supporting their claims and making a bizarrely wild statement that the US is in an economic crisis I asked the mod to move this to the politics\controversies forum as this forum is for actual adult discussions of economics.

thanks for your report. This thread is clearly partisan and contrary to the economics forum guidelines. Thread closed.