Economy has little to do with the sitting leader. They come and go. What we have is a push started beforehand. Look at long term charts. BUT, what you’ll find too is the EXTRA that’s there is a dangerous bubble. Fundamentals just aren’t there to support it. Vapors.
It’s a last ditch investor desperation before austerity. Economic stagnation for the US and Europe has been held back by tricks for a while now.
As soon as you have “yes but those people don’t count towards our total that we’re trying to keep low”, it’s political propaganda.
I worked for a big Pharma for a few yrs (Excel guru guy) and the tricks they had me pull with #s was embarrassing as I have a scientific mindset.
ROI is a simple calculation ultimately. But how you feed it can change everything.
I run a micro biz. (small biz is usually 50-500 and I’m way lower). I subcontract. None of us are counted. Unemployment rates is a game that’s only depend upon how the government classifies “unemployed”, which is a technical term.
Unemployed to them means something VERY different from what we think of as unemployed.
No. Self-employed are neither employed nor unemployed. Dropped out of the whole equation.
If I pay quarterly taxes, i become an “employer”. I did it once. It SUX.
But I work around it, no longer an “employer”. Now I’m “self-employed” as is everybody who isn’t my employee yet somehow also works for me.
hundreds of thousands of “mom and pop” businesses are not included in the employed / unemployed numbers. We don’t exist.
Even Americans don’t know this stuff until they run a micro business or are self-employed. They think “I’m a small business!”, but they’re not.
Think how the rich think. They don’t pay attention to joe six packs businesses. They only notice companies with publicly traded stock.
Us? Invisible. But it’s fine.