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Employment gap between rich, poor widest on record
Associated Press ^ | Sep 16, 2013 8:11 AM EDT | Hope Yen

Posted on 09/16/2013 5:41:48 AM PDT by Olog-hai

The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.

Rates of unemployment for the lowest-income families—those earning less than $20,000—have topped 21 percent, nearly matching the rate for all workers during the 1930s Great Depression. …

The findings follow the government’s tepid jobs report this month that showed a steep decline in the share of Americans working or looking for work. On Sunday, President Barack Obama stressed the need to address widening inequality, warning that proposed budget cuts will worsen the gap. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Government; News/Current Events; US: District of Columbia
KEYWORDS: liberalagenda; richvspoor; socialism; unemployment
Things have gotten worse from three years ago and the POTUS prescribes more of the same poison.
1 posted on 09/16/2013 5:41:48 AM PDT by Olog-hai
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To: Olog-hai

Are y’all aware that “ebt accepted” is now posted on gas pumps?

Nice, eh?


2 posted on 09/16/2013 5:42:41 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Olog-hai

Blacks and those who are mired in poverty need to learn from the asians who come here with absolutely nothing. They pool their money and open a business. (and they do not spend money on frivolous things like $300 sneakers or iPods)


3 posted on 09/16/2013 5:47:21 AM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: Red in Blue PA

If blacks could learn from Asians, Africa would be rich


4 posted on 09/16/2013 5:48:52 AM PDT by bert ((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
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To: Olog-hai

It will get worse as more people start working part-time thanks to Obamacare.


5 posted on 09/16/2013 5:50:07 AM PDT by Venturer ( cowardice posturing as tolerance =political correctness)
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To: Olog-hai

Hire people in America.

Buy things made in America.

Stop buying imports. Buy American.


6 posted on 09/16/2013 5:51:34 AM PDT by Cringing Negativism Network
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To: Cringing Negativism Network

Not as easy as that. Of course, you have to be working to buy such products. And then the more a US business succeeds, the harder the regulatory and tax load pushes down on it. And thanks to that, the larger businesses won’t be hiring people. Liberal poison pill.


7 posted on 09/16/2013 5:53:32 AM PDT by Olog-hai
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To: Olog-hai

California is about to raise its minimum wage to $10/hr. That will only widen the unemployment gap.


8 posted on 09/16/2013 5:56:37 AM PDT by southernnorthcarolina ("Better be wise by the misfortunes of others than by your own." -- Aesop)
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To: Olog-hai

Everything is going according to Comrade Obama and the Commissariate’s plan.


9 posted on 09/16/2013 6:00:33 AM PDT by Afterguard (Liberals will let you do anything you want, as long as it's mandatory.)
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To: Olog-hai

Uh, no shinola sherlock. Income is generally related to productivity and employers generally want to hire those that can be the most productive.

The lowest income folk do not posess the skills necessary to compete with others that have very marketable (productive) skills. Therefore, they are not as employable, resulting in more unemployment. My advice, quit bitching and go get a marketable skill. Anyone discussing an “employment gap” is likely claiming that some are “luckier than others.”


10 posted on 09/16/2013 6:01:03 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: Olog-hai

Clearly, some races can’t handle freedom.


11 posted on 09/16/2013 6:01:04 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: Olog-hai
As long as the government keeps making it more expensive to hire lower-income workers, employers will keeping finding ways to avoid hiring lower income workers.

You don't create more jobs by making existing ones (and the new ones) more expensive. Practically every major initiative by this administrative has done exactly that.

12 posted on 09/16/2013 6:04:45 AM PDT by justlurking (tagline removed, as demanded by Admin Moderator)
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To: Olog-hai
...widest levels since officials began tracking the data a decade ago,...

Bush's fault!

13 posted on 09/16/2013 6:05:35 AM PDT by Bushbacker1 (Molon Labe! (Oathkeeper))
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To: MrB

so I’m paying for other peoples gas?!

greeaaat


14 posted on 09/16/2013 6:06:54 AM PDT by sten (fighting tyranny never goes out of style)
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To: Olog-hai

I’m sure glad that the gap hs nothing to do with ILLEGALS, welfare whores who can’t keep their legs together or dropouts with no education. /s


15 posted on 09/16/2013 6:08:31 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: Arm_Bears

The Stormfronters agree with you.


16 posted on 09/16/2013 6:09:29 AM PDT by Olog-hai
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To: Olog-hai
those earning less than $20,000—have topped 21

When the government offers more and more incentives to remain in this bracket, more people will make the choice to stay there.

17 posted on 09/16/2013 6:09:30 AM PDT by Cementjungle
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To: southernnorthcarolina

50% increas in minimum wage == 50% raise in union wages

higher wages equate to fewer people employed within the same overall labor costs

fewer people employed... higher unemployment

of course, those that are employed have more to spend... increasing prices

inflation on the way. good times.

how’s that change working for ya?


18 posted on 09/16/2013 6:10:33 AM PDT by sten (fighting tyranny never goes out of style)
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To: MrB

“Are y’all aware that “ebt accepted” is now posted on gas pumps”

Well, SOMEBODY’s got to pay to keep gas in those Escalades and BMWs.


19 posted on 09/16/2013 6:10:41 AM PDT by freeangel ( (free speech is only good until someone else doesn't like it)
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To: CSM

I know a couple of people that did that. They studied engineering and software. Came out of good schools and cannot get a jobe because they did not have work experience. Come out of college and told they did not have work experience in their field, so the corporations hired a foreign tech worker because he had several years of experience in his homeland and willing to work cheaper then an American college grad. Experience and 1/3 less salary. Now the US wants to bring in more H-1B workers. I actually had a freeper who loves that because he made it and now is the manager in charge of hiring. He rants how American college grads lack experience, and skills. I actually blogged him and asked when he came out of college many years ago, was he hired for his vast working experience in the tech area he studied and grad. If employers had that attitude 20 years ago, would he be a manager today?
Talked to a China expert once. Yes they have no political freedom but their leaders are wary of high unemployment because they do fear popular revolt caused by it. China has a history where dynasties fell to economic hardship. The Chinese Communist atleast understand this. The American gov and corporations do not seem to care. Guess they never experience a popular revolt and assume the American population can take the abuse of “creative destruction”. There is always a first time for every nation.


20 posted on 09/16/2013 6:10:59 AM PDT by Fee
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To: Olog-hai
The Stormfronters agree with you.

As does nature.

21 posted on 09/16/2013 6:16:15 AM PDT by Travis T. OJustice (I'm not a gynecologist, but I'll take a look.)
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To: CSM

I see you’ve fallen for the “US workers are unproductive” foreign propaganda. No; jobs keep leaving because of the taxation and regulation regimens. (Are workers at VW plants in Tennessee “unproductive”? They may become so if the UAW gets their hooks in there.)


22 posted on 09/16/2013 6:16:33 AM PDT by Olog-hai
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To: Olog-hai

Actually US workers are productive, and jobs need to start returning to America.

Bring back US jobs now.


23 posted on 09/16/2013 6:18:34 AM PDT by Cringing Negativism Network
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To: Travis T. OJustice
Trying to make this place into what the DUmmies claim it to be?

The behavior of any human is 100 percent due to nurture. Even the Bible is adamant about that; so all other views are lies from the father of lies.
Train up a child in the way he should go, and when he is old, he will not depart from it.

— Proverbs 22:6

24 posted on 09/16/2013 6:20:53 AM PDT by Olog-hai
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To: Olog-hai

Obviously Bush’s fault.


25 posted on 09/16/2013 6:20:53 AM PDT by Hoodat (BENGHAZI - 4 KILLED, 2 MIA)
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To: Olog-hai

Wrong. Nice try. Your claim is absolutely not supported by facts or reality.

NEXT!


26 posted on 09/16/2013 6:32:54 AM PDT by Travis T. OJustice (I'm not a gynecologist, but I'll take a look.)
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To: Travis T. OJustice; Olog-hai

"Shall we bet the usual amount?"

27 posted on 09/16/2013 6:35:24 AM PDT by dfwgator
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To: Arm_Bears
Clearly, some races can’t handle freedom.

You proposing a repeal of the 13th amendment? I'm sure that'll go over well...

28 posted on 09/16/2013 6:39:28 AM PDT by Alter Kaker (Gravitation is a theory, not a fact. It should be approached with an open mind...)
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To: Alter Kaker

Hey—Just modifying an old liberal chestnut from the Bush years.


29 posted on 09/16/2013 6:46:30 AM PDT by Arm_Bears (Refuse; Resist; Rebel; Revolt!)
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To: Olog-hai

New report debunks narrative on income inequality
http://www.laffercenter.com/2012/07/lefts-dubious-history-income-inequality/

The Latest News on Tax Fairness-top 20%’s share up, everyone else’s share down over last 30 years
http://online.wsj.com/article/SB10000872396390444873204577537250318931044.html?mod=googlenews_wsj

Administration Propaganda lies


30 posted on 09/16/2013 7:20:37 AM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: Olog-hai

“I see you’ve fallen for the “US workers are unproductive”

Not at all.

“jobs keep leaving because of the taxation and regulation regimens.”

I agree completely and am a proponent of the FairTax plan.

“(Are workers at VW plants in Tennessee “unproductive”?”

That is not the subject of the article and it was not the intent of my response.

In general, the “employment gap” is due to a persons value to a business. This is a different way of saying the persons productivity. It is not surprising that the folks that are laid off are the lowest earners, or the least productive, while the highest earners or most productive are still employed.

The article seems to imply that those that are still employed are doubly lucky compared to the poor unemployed person. The reality is that those that are still employed are usually those with the experience and skill to add value to their employers. Naturally, their life experience, technical expertise and education would lead to higher incomes.

Of course I am speaking in generalities and I am sure that exceptions exist to my statement.


31 posted on 09/16/2013 8:35:28 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: Fee

“I know a couple of people that did that. They studied engineering and software. Came out of good schools and cannot get a jobe because they did not have work experience.”

Tell them to keep working in any job that they can get, and to keep building their knowledge (reading books, tech manuals, etc.) beyond their schooling. In addition, while working the crappy jobs to “be the best crap shoveler in the place” and they will see amazing opportunities open up to them.

It might take more work in the long run to get into their chosen fields, but those with tenacity will get there, while those that sit around playing video games all day will type on DU about the damn H1B visas given to chinese engineers.


32 posted on 09/16/2013 8:43:45 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: CSM; Fee

“It might take more work in the long run to get into their chosen fields, but those with tenacity will get there, while those that sit around playing video games all day will type on DU about the damn H1B visas given to chinese engineers.”

Wow! What an aweful ending to that sentence. ;-)

I meant that those that sit around playing video games all day and complain about their “bad luck” will be the ones that end up just wishing they got more obamabucks on their EBT cards....


33 posted on 09/16/2013 8:59:50 AM PDT by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: Olog-hai

Define “poor”.

USA poverty line is 87% of world incomes.


34 posted on 09/16/2013 9:09:48 AM PDT by ctdonath2 (Making good people helpless doesn't make bad people harmless.)
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