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You are doing really great work Eric. These substack posts are awesome. Hopefully your model is to do free tibits every week and let folks subscribe to your service if they want higher level. Substack is a much better venue to express yourself than twitter, though you see I am engaging you their too. Really great stuff, keep up the good work, thx

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“Cooling wage pressure” sounds like a great euphemism unless you are one of the hundreds of thousands taking part time work on top of a full time job to make ends meet. That is, if you are one of the lucky ones not laid off. There is the lagging data and then there is real life on main street. I am very middle class and the pressure in my social circle is immense. People put on a brave face but the reality is a lot of people on main street are worried about their livelihood.

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Our next post will discuss real incomes in depth!

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Look forward to it!

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