Steve’s Barking; What economist don’t understand about the new economy

 Nowhere in the history of American economy has The job rate been so low 3 1/2 percent, even though there are firings at a high level. Never n the course of  history ( except n war) has there been so many jobs been unfulfilled as there is right now in the United States. Never in the course of history of economics has there been such a large Amount of retirees who do not need to work and have large discretionary income. When The economist look at the economy they don’t look at retirees. Maybe the percentage of retirees are not well off. But actual numbers there are great many retirees, who have a lodge discretionary income. And until the time of the economist start looking at retirees, who will not fill the jobs that are needed discretionary income, they will not understand the truth about the economy!!!