Here's a chart of weekly wages adjusted by the CPI-U over the years. There are many, many ways I could have put a line through those points. I chose a simple 2nd order polynomial. Maybe I'm too bearish. Maybe I shouldn't be concerned about how poorly wages have grown even as unemployment has fallen (and what might happen to wages should unemployment begin to rise again). Maybe I shouldn't be concerned about billions of foreign workers now competing with us. Maybe I shouldn't even be concerned about our banana republic level trade deficit. Maybe.
Las Vegas March 2024: Visitor Traffic Up 0.4% YoY; Convention Traffic Down
37%
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From the Las Vegas Visitor Authority: March 2024 Las Vegas Visitor
Statistics
Benefitting from a mix of headliners and events from NASCAR to Madonna to
se...
2 hours ago
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