For more than three decades all U.S. economic policy was elevating Wall Street and diminishing Main Street. As a result the middle America blue-collar workers have not had wage gains keeping up with inflation for over 30 years…. Then came the era of Trump.
As I've been saying:
When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
There is a chart in this link that is very interesting - showing job openings by industry.
Can we now say that essentially every employable person in America has access to a job? That anyone not employed, except for short term job changes, is unemployable?
We now have more job openings than we have actual job seekers. And voluntary quits continue to rise.