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U.S. Growth Cools To 2.3% as Gains In Consumer Spending Ease
"...and employee-compensation costs accelerated amid a tight job market...employment costs rose more than expected in the first quarter and a measure of private wages had the biggest annual gain since 2008...though tailwinds such as low inflation and borrowing costs are starting to dissipate..." Bull feces. In 6 years at her job, my wife's never received more than an annual 2% raise. And low inflation? The geniuses who create the measuring-sticks by which this stuff gets measured have their heads stuck way up where the sun don't shine. Just step inside a supermarket. What we manage to save and put away and invest is done in spite of all circumstances.
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Bull feces. In 6 years at her job, my wife's never received more than an annual 2% raise. And low inflation? The geniuses who create the measuring-sticks by which this stuff gets measured have their heads stuck way up where the sun don't shine. Just step inside a supermarket. What we manage to save and put away and invest is done in spite of all circumstances.