Spending this holiday season seems to be up about 5% over last season. Those with jobs seem to feel better about their future and are willing to spend. Good for them.
Unemployment benefits have been extended for those who have lost their jobs. I am all for that. It's just that many of these jobs probably aren't coming back. 30 or more years ago, Playtex had a factory in Princeton W.V.. It closed in a cost cutting move.Those jobs weren't coming back. Global businesses move production all the time. They don't need the United States to produce goods. Food yes, and corporate farming needs less people to do that every year. Soon, unemployed because one is overqualified will be not a reality, but only a conceit.