Wealth insulates this book-selling jibber-jabberer with a microphone from the facts, because he has no incentive to look into them.
Incomes are flat since January 2000, housing and other hard assets are sky high and out of reach for 90% of individual wage earners. Full-time jobs are barely 2.75 million higher in number today than they were in 2007. This fool doesn't have a clue what he's talking about.
Don't worry, though, tomorrow the economy will be terrible, and he might even notice because all he does is follow the headlines.
GDP revisions come out in the morning at 0830 hours, Eastern. That should give him plenty of time to think about it, being on the Left coast as he is.
But will he?
