Oh no! The Millennials can’t afford to buy houses!
Oh yeah! The Millennials will soon be buying houses!
Oh wait! It turns out that when we say the Millennials are living at home with their parents, we meant they were living in dorms!
Oh heck! The unemployment rate among Millennials is 40% — and that’s people who are actually looking for jobs (rather than going to school and living in the dorms)! I guess cancel that house-buying boom.
Meanwhile, despite AP propaganda telling us how wonderful the economy is, we have millions of people who need some form of government aid (sure, Fox News, blame the people instead of the reality they live in) and a big problem in how our “great” economy is paying for itself. The disconnect between the economy as seen from the top and as seen from anyplace up can be seen in this graph, meant to demonstrate the difference between “average” and “median” net worth. I guess that’s how we ended up with a couple millionaires arguing about which one is poorer.
I wonder how long we can keep going like this.
In Closing: your regular shot of NSA and privacy related stories; speaking of guys I’m surprised are still alive, Ahmed Chalabi; a modern sin; not sure what I think of this; and how the Dow works.
Somebody’s FIBBING to us! I wonder who???