My read on this, beyond data and MBA's, is that all of the slack has been pulled out of the economy.
This is a silly analogy but it's like integer truncation has been applied everywhere blindly. Staffing model says you need 2.5 employees on average to handle the load? You get 2. Everywhere with everything.
This is a silly analogy but it's like integer truncation has been applied everywhere blindly. Staffing model says you need 2.5 employees on average to handle the load? You get 2. Everywhere with everything.