I would suggest this. You can draw 30-mile circles around DC, New York City, and Watford City, ND...and you basically show the only regions of the US with massive sustainable job growth.
Now, you’d sit there and utter....Watford City? Yeah, it’s oilville, USA....where jobs are being created at a rate of one every few seconds. In a decade, Watford City, Dickinson, and Williston will be major urban centers with around 500,000 people. If you had suggested that in 2000....everyone would have laughed.
Back to the real topic...are we in a depression of sorts? Yes. No doubt. And I don’t see this going away until the administration moves on.
“You can draw 30-mile circles around DC, New York City, and Watford City, ND...and you basically show the only regions of the US with massive sustainable job growth.”
I wouldn’t include the NYC area in that; we’ve lost a huge number of jobs (that won’t be coming back), we have high taxes that chase business and taxpayers away, and the only reason the whole metro area isn’t deserted is because illegal immigration is encouraged. Anyone who has driven on roads here has seen 1) how bad the roads are (no money to fix them), 2) how many empty businesses there are, and 3) how many homes are for sale.
There is no recovery here.
Good Points.