Drudge has a headline today similar to many on his site proclaiming America is somehow "great again" --
American Dream is back: 82% have 'achieved' or are 'on way to achieving'
And then, on an "alternative" site I find this:
78 Percent of U.S. Workers are Living ‘Paycheck to Paycheck’ and 71 Percent of Them are in Debt
http://theeconomiccollapseblog.com/...o-paycheck-and-71-percent-of-them-are-in-debt
Which is it? I believe the second headline is more accurate. The stock market continues to boom, but very few of the 79% living paycheck to paycheck have anything invested in the stock market. And a bear market will quickly wipe out a lot of the increased "wealth" of the top 20%.
On the other hand, the "official" unemployment rate is now well below 5%, while some non-establishment sites still claim it's as high as 25%. I tend to believe the system is more accurate on this one; it may not be below 5% but it's well below 25%. Where I live there are jobs available everywhere. Most are low paying, but nonetheless there are more jobs than people to fill them. Misinformation is everywhere on the internet.
American Dream is back: 82% have 'achieved' or are 'on way to achieving'
And then, on an "alternative" site I find this:
78 Percent of U.S. Workers are Living ‘Paycheck to Paycheck’ and 71 Percent of Them are in Debt
http://theeconomiccollapseblog.com/...o-paycheck-and-71-percent-of-them-are-in-debt
Which is it? I believe the second headline is more accurate. The stock market continues to boom, but very few of the 79% living paycheck to paycheck have anything invested in the stock market. And a bear market will quickly wipe out a lot of the increased "wealth" of the top 20%.
On the other hand, the "official" unemployment rate is now well below 5%, while some non-establishment sites still claim it's as high as 25%. I tend to believe the system is more accurate on this one; it may not be below 5% but it's well below 25%. Where I live there are jobs available everywhere. Most are low paying, but nonetheless there are more jobs than people to fill them. Misinformation is everywhere on the internet.