Chart Of The Day: Since 12/2007—— 1.5 Million More Waiters/Bartenders, 1.4 Million Fewer Mfg. Jobs, by David Stockman

SLL thinks that pondering government statistics is only slightly more rewarding than pondering dancing angels on pin heads. However, this one simple chart conveys a worthwhile message: this hasn’t been much of a recovery. From David Stockman at davidstockmanscontracorner.com:

Putting this all together, since the start of the Second Great Depression, the US economy has lost 1.4 million manufacturing workers, but has more than made up for this with the addition of 1.5 million waiters and bartenders.

http://www.zerohedge.com/news/2015-09-04/first-drop-manufacturing-workers-over-2-years-offset-new-record-waiters-and-bartende