The way the employment cycle is described in the cover photo is hilarious with a bit of reality to it, and it seems to be the exact trend if the looming economic crisis is not averted.
Financial analysts studying trends in Wall street fears of another round of serious economic catastrophe similar to what happened in 2008.
"Americans like to think they live in an era of rapid and unprecedented change, but this kind of comparison pitting the momentous changes of the mid-20th century against the seemingly more modest progress of our present era raises a critical question about the nations future prosperity," said Eduardo Porter. Eduardo Porter is writing for the New York Times.
"Ben S. Bernanke, the former chairman of the Federal Reserve who is now at the Brookings Institution, points out that long-term interest rates have been declining for a very long time. This is in response partly to the accumulation of savings in China and other developing economies, which have been buying Treasury bonds hand over fist. But it also suggests that investors, whether they realize it or not, may agree with Professor Gordons proposition," writes Porter.
If you are sitting in Silicon Valley, rich and at the frontier of technology, said Lawrence F. Katz of Harvard, it is probably true that things are getting better. The same can't always be said for the rest of us, he concludes.