This Cartoon Explains The 'American Income Problem'

This piece contains the opinions of the author that do not reflect the opinions of Benzinga.com.

Jim Grant writes The Interest Rate Observer, a bimonthly markets-based letter. And, put simply, he's someone who "gets it."

He's someone many look to when certainty is sought after, is brutally honest and likes to keep things simple.

Sticking with the theme of simplicity, this year he avoided a cheesy holiday video in favor of one image:

At a time of incredible job market dynamics, Jim keeps it real.

I thank him for simplifying the complexity that is the American income problem driven through skewed labor markets.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Opinionfinancial cartoonInterest Rate ObserverJim GrantThe American Income Problem
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!