PeakTrader.com

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PeakTrader said...

The LEI doesn't predict taxes will rise, while government services and entitlements fall, which will reduce consumption, as Americans buy fewer and smaller goods.

Moreover, recent new regulations, or overregulation, will contribute to the decline.

Furthermore, peak oil is a constraint on this weak and expensive U-shaped recovery, at best.

We're three years into a lost decade or two, which will likely worsen.

Over the past three years, trillions of dollars of government overspending has been compensating for trillions of dollars of lost output, to maintain living standards, which is unsustainable.

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PeakTrader said...

Firms tend to hire the least productive workers last and fire them first.

Also, wages are too low, federal taxes are too high, and many states raised taxes, fees, fines, fares, tolls, tuition, etc.

Moreover, there's too much uncertainty and too little optimism, in part, from overregulation.

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PeakTrader said...

We haven't replaced 7 million jobs lost in the recession, which excludes 125,000 to 150,000 jobs a month over the past 3 1/2 years that are needed for population growth.