Click to enlarge.
Here's the theory. We need to add drinking jobs at least as fast as we lose manufacturing jobs (per capita, so job growth can keep up with population growth). 0% is therefore the goal. Achieve that and the world is our oyster! We've been doing great since November of 2010. That's nearly 3 years of solid performance. Let's hope we can sustain it permanently this time!
Hey, I never said it would be easy over the long-term. As seen in the following chart, there may be a chance though.
Click to enlarge.
Heavy drinking data from 1993–2000 represent all respondents aged 18 years and older who report an average of 2 or more drinks per day (i.e., 60 or more alcoholic drinks a month). Data from 2001–2009 [2001-2012] represent all male respondents aged 18 years and older who report an average of more than 2 drinks per day and female respondents aged 18 years and older who report an average of more than 1 drink per day.
Thanks to the increased frequency of hangovers brought on by exponentially increasing heavy drinking, the future's too bright. I gotta wear shades. Sigh.
See Also:
Sarcasm Disclaimer
Source Data:
St. Louis Fed: Custom Chart
CDC: Alcohol Usage Trends
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