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>We have enough jobs - unemployment is quite low at the moment. What we need is the employers to pay the people that work for them enough money to live off of.
Another point - the GDP figure for the first quarter was very low, just .5% growth. That's the weakest quarterly figure in two years.
Right now "earning power" is a terrible issue. And as I said last night, a long-term combination of low unemployment (based on the formula), combined with a weak labor participation rate, and stagnant wages/earning power all have the potential to create a major recession.
And so I'll predict it now - if ACA continues to struggle, and if the Cadillac plan goes into effect in 2018, you'll be looking at a serious recession around the time of the first mid-term elections after the 2016 presidential election. And that one will be on this current administration. Bank on it.