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      03-21-2024, 03:26 PM   #8229
chassis
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No data links from non-MSM sources. Not terribly convincing.
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      03-21-2024, 05:11 PM   #8230
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Get out of your bubble, go outside look around and talk to people.

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Originally Posted by chassis View Post
No data links from non-MSM sources. Not terribly convincing.
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      03-21-2024, 06:20 PM   #8231
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Here's some non-msm official govt stats logic.

US border crossing immigration was almost 3 million in 2023, of which were 1.7M working adults. No official stats on how many of them have jobs now, but official stat is the US added 2.7M jobs in 2023, safe assumption we'll say half that is from border crossers. Then you need to add in about 300k legal immigrants and some unknown number of undetected border crossers. The impact is a significant portion of GDP growth and has an impact of inflation, more people more demand.

Now here's how this impacts the real world observations below. Unemployment for those 16-24yrs old is trending up, above 2017, 18, 19 levels pre pandemic. Which is putting more financial responsibility on their parents.

Excess immigration has an impact on the lower end wage growth. More people looking then the less you need to increase wages.

Sure the economy is growing and the job numbers look "great". But for many Americans today their situation is not better than yesterday.

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Over 50% of adult children in 20s or 30s receive some financial support from their parents. Over 50% of young adults 18-29 are still living at home. Both of these are eating into their parents savings which will hurt them down the road. Which is also the driver why many adults 65+ are still working.

The struggles of Z, Millennial, whatever are real. In my neighborhood there are more 20 something kids living with their parents than those who have moved out. Of my friends over half of them provide support to kids who graduated college or working without a degree. Student debt and housing costs are a big factor young people struggle with, also their financial dysmorphia that they think they should have all the nice things and a high paying job out the gate.
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