What astounds me is the disregard for Americans employment by this administration. The job numbers are not great. People fall out of the job market depending on the availability of jobs they are trained or educated to do.
The spike in unemployment with Trump vs. the Great Recession (click here). That was the COVID-19 unemployment rate. The Congress passed a gap measure to supplement unemployment in the USA. For 2025 and 2026 it is creeping back up again.
Is every American satisfied with their employment and income vs. cost of living?
Are Gen Xers happy?
July 23, 2018
By Richard Fry
Few American homeowners (click here) were spared from the broad housing collapse a decade ago, but Generation Xers were hit particularly hard. Newer to the housing market, more likely to be buying at peak prices and taking on more mortgage debt to buy their homes, they lost more wealth than other generations. But a new Pew Research Center analysis of Federal Reserve data finds that Gen Xers are the only generation of households to recover the wealth they lost during the Great Recession....
Why is this important? Because they have been, in the past, resilient. More than resilient, they have been industrious within their own lives within the USA experience. They had opportunity to return them to a comfortable status. Today, SSI is under threat without any promise of resolving any short falls.
The Congress just approved enormous military spending. Why isn't the same spending occurring to rescue the SSI accounts of Americans? The Gen Xers are going to need SSI. Will it be there for them? Right now, the SSI accounts are saying 2035 to a half in all SSI incomes. Generation X has done their part. They have contributed all their lives. Hello?
31 March 2026
By Rachel Dobkin
Generation X has the most pessimistic view (click here) of the economy, and worry they don’t have enough money stored away for retirement, according to a newly released study.
This age group was born between 1965 and 1980, making them around 46 to 61 years old.
Americans can start to receive their Social Security retirement benefits as early as 62 years old, so it makes sense that Gen X would start thinking more heavily about retirement....
The True Rate of Unemployment (TRU) (click here), as defined by LISEP, measures the percentage of the U.S. labor force that is functionally unemployed
