Friday, March 8, 2019

The recession dating committee has been alerted

Job creation grinds to a near-halt in February; wages still on the rise


We are not shocked, we were warned in California when all the localities quit hiring. We all knew this was end of cycle, recession probabilities rising for an entire year.

We are of two choices, rapidly favoring choice number two. Choice number 1 is muddle through six years. The odds are favoring choice 2 here, the senate is locked, it cannot maintain the small goodies in this environment, its own discretion is not enough to cover the small state existential problem.

Now may be the time for an intelligent squeeze, get this monetary regime change, and entitlement swap, a change in generations.

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