by Michael Snyder, The Economic Collapse Blog:
How can anyone out there possibly believe that the U.S. economy is doing well? As you will see below, the number of homeless Americans has risen to the highest level ever recorded, and large companies all over the country are laying off workers in droves. As I have discussed previously, the number of Americans that were laid off in 2023 jumped 98 percent compared to the year before, and now during the first month of 2024 it feels like we are being hit by a tsunami of layoffs. It literally seems like someone has turned a fire hose on, but the Biden administration continues to insist that unemployment is “low” and that the outlook for the U.S. economy is positive.