The media tells us that the economy is recovering. However, the average number of jobs added over the past four years is 151,000 people per month, and GDP is averaging 2.2%.
The average number of new entrants into the workforce each month is 125,000 to 150,000. GDP needs to grow at greater than 3% to create enough jobs to get us out of this malaise. In addition, the GDP growth is an illusion created by Federal Reserve policies.
The question: When will we see an economic recovery that helps the middle class family in America?
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