There is only TWO economic indicators that matter: Job growth and salary growth.

[ddeclue]

Jobs have been disappearing for 2 years now in spite of other so called indicators of a recovery.

Salaries have been stuck or falling for 10 years now.

Until these two trends are reversed there is NO recovery for the vast majority of Americans who must work for a living.

[OhioChick]

1. You're absolutely right. n/t

[leftstreet]

2. Blasphemer!

[ddeclue]

6. An actual "golden calf"..BWA HA HA..does that make them idolators?

I've gotten my picture taken there too.

[NightWatcher]

3. matter to whom? the pigs want us unemployed and getting paid crumbs

if we're all unemployed, we'll settle for less than we deserve.

It's a class war and WE are losing to the Pig$

[notesdev]

4. Make that three

include "currency value"

it hardly matters if your salary grows if the value of the currency you are paid in is dropping faster.

Say, did anyone notice the dollar has dropped by 20% since March?

[ddeclue]

5. OK.. let me rephrase - in inflation adjusted dollars - i.e. REAL income growth.

[Warpy]

7. There are a few other indicators

such as the type of job growth.

Job growth that finally happened under Reagan and continued for the next 3 presidents was in low wage, dead end service jobs at the bottom and high wage jobs at the top that relied on shenanigans to create "money" out of thin air. Unless we get back the manufacturing jobs that created a real middle, jobs that made something and created real wealth, simple job growth will not do it.

Wage growth can't happen unless real wealth is being created, not paper wealth created by busy little worker bees at brokerages.

[rucky]

8. Salary growth is relative to cost of living

so three indicators.

edit: sorry, dd, I'll read upthread next time.

[Sinti]

9. Absolutely. These are the things that matter It's that simple n/t