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Over at Grasping Reality: Neel Kashkari Finds Out Our Big Macroeconomic Problem Is Lack of Demand

A 41-year-old with a long record of extremely conscientious and highly-productive work experience that has left his employers extremely satisfied [cannot find work in Fresno.](http://delong.typepad.com/sdj/2014/07/neel-kashkari-says-low-employment-not-due-to-skill-mismatch-or-structural-factors-live-from-the-roasterie-ccxxx-july-31.html)

Thus Neel Kashkari finds out that the really big problem is not a lack of productive and marketable skills or of work ethic on the labor side, but rather a shortfall of demand…

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Over at Grasping Reality: Neel Kashkari Finds Out Our Big Macroeconomic Problem Is Lack of Demand

July 31, 2014

July 31, 2014

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon