Economic Challenges to Today’s World

Record corporate profits, inflation, sub-living wages, COVID, declining educational standards, jobs moving overseas, virtually no unemployment, and the rise in automation replacing human labor.  These are some of the macro-economic factors that make life so tough for us today.

Then there are factors that apply to one specific industry.  My daughter is thinking about getting into real estate, so I went through some of the pros and cons: the fierce competition, especially at the high end, the long weekend hours running open houses, the challenge of breaking into a new market as an unknown, and the constant need to schmooze.

The sign above addresses an issue that didn’t occur to me at the time.