Worry More About Underemployment than Unemployment
Posted in Latest Reports, Stock Reports on May 14th, 2009Lee Munson comments on underemployment. Published on Seeking Alpha
All I have to say is wow! I knew we had a problem with the underemployed, which in my opinion is a more serious concern than the unemployed. Why? It’s like having a society of the walking dead, without the social safety nets of Europe. Now, I didn’t say I liked the socialist policies in Europe, but I also don’t like to see a sharp spike of 100% over the last 18 months. Somehow over the last 30 years we ended up with both spouses working and nobody getting ahead.
