Would life expectancy descend to 70 if healthcare spending was reduced to 1959 levels? Is it possible there has been significant healthcare cost inflation which has not contributed to an increased life expectancy?
Ask “Z” Economist
Long covid (symptoms including fatigue, brain fog, depression & anxiety) is receiving increasing press coverage as it relates to workforce shortages.
Perhaps the most important impact is that telecommuters may become more independent-minded with less of an attachment to their employer.
At first glance, rail shipments look terrible with carloads at their lowest level of the century – indicative of widely reported supply chain problems.
What message is sent to the 16MM+ employees that got fired at the peak of covid fear in March 2020?
Over 1/3 of respondents are relying on borrowing from credit cards or loans and 27% are relying on savings or selling assets to meet their needs.
California’s food tax is an act of hostility against restaurants mostly owned by small franchisees.
California’s knee-jerk decision to raise the minimum wage (just for fast food workers) by 40% to $22/hr. defies financial reality.
Eviction rates are starting to approach covid levels when many lower-income renters lost their jobs during the lockdowns.
Today’s consumers are nearing the end of living off their savings, especially as they must find a way to pay for unprecedented rent hikes.