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The Jobs Picture Is Far Worse Than It Looks: As in the Great Depression, millions are suffering...
US News and World Report ^ | February 28, 2013 | Mort Zuckerman

Posted on 03/02/2013 10:02:29 PM PST by 2ndDivisionVet

We think of the iconic images of the Great Depression as representative of a uniquely miserable period, long vanished from American history. The bread lines and soup kitchens of those abnormal times have gone. So, too, has the sight of thousands of men (there were very few women among them then) waiting all day outside a factory in a forlorn quest for work.

But they're there still, in the many millions across the country—little changed in their total since the 1930s: 12.3 million today are fully unemployed, compared to 12.8 million in 1933 at the depth of the depression. The difference is that now they're invisible, because we've organized relief differently. In our "recovery," the millions are being assisted, out of sight, by the government, through unemployment checks, Social Security disability checks, and food stamps. More than 47 million Americans are in the food stamp program, some 15 percent of the total population, compared with the 7.9 percent participation in food stamps from 1970 to 2000. Then there are the more than 11 million Americans who are collecting checks from Social Security to compensate for disability, a record. Half of them have signed on since President Obama came to office. Twenty years ago, one person was on disability for every 35 workers; today, the ratio is one for every 16. Such an increase is simply impossible to explain by disability experienced during employment, for it is inconceivable that work in America has become so much more dangerous. For many, this program is another unemployment program, only this time it is without end...

(Excerpt) Read more at usnews.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Government
KEYWORDS: depression; economy; employment; jobs; obama; recession; unemployment
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To: TexasFreeper2009
...every single person claiming disability should have their case reviewed and be subject to a follow up physical by an appointed doctor to determine if they are actual disabled or are fraudulently milking the system

Wouldn't matter much. They have expanded the list of disabilities that practically anyone qualifies for one or another. Even wearing eyeglasses has been classified as a disability. Without a substantial change in those who governrule, we are truly lost. I really doubt the polling places are a viable avenue anymore as case after case of voting fraud is brought to light with no impact on voting fraud.

51 posted on 03/03/2013 6:14:03 AM PST by trebb (Where in the the hell has my country gone?)
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To: TexasFreeper2009

Did you see that? Did you? I just saw the hammer drive in the nail with only one stroke!


52 posted on 03/03/2013 6:22:28 AM PST by ops33 (Senior Master Sergeant, USAF (Retired))
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To: 2ndDivisionVet
It typically takes 25 months [for full recession recovery and to] close the employment gap . . . this time [it's been] over 60 months [and we are still in a "recovery"]because the recovery is not built on real job creation but on record monetary easing by the Federal Reserve and record stimulus by the federal government. The result is slack in the U.S. economy . . . Clearly overdue is a plan to recover from the recovery . . . .

Not to worry, American MSM.. Just when PRESIDENT! Obama!! finished cleaning up the Bush disaster a new Republican evil appeared and has stopped the robust recovery just as GDP reached a blistering +0.00001% . . . .

Republican Sequestration is the New Bush. Got it?

53 posted on 03/03/2013 6:30:42 AM PST by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: SkyPilot
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011.

It will only result in job losses because Obama didn't take the advice of the debt reduction council; Harry Reid didn't put the House solution uo for a vote (twice); and finally, Obama demanded tax increases in return for spending cuts, then sat on his ass and did nothing to formulate "smart cuts" (which is actually only a reduction in the future growth of spending).

There doesn't need to be a single layoff (not that there shouldn't be a reduction in the size of the federal government). Here's my motto "Attrition and contrition". Freeze wages and when non-essential personnel retire, do not replace them. If we allowed energy development and got rid of all the over-regulations of that industry, the economy would be at full employment in two short years.

54 posted on 03/03/2013 6:34:19 AM PST by Go Gordon (Barack McGreevey Obama)
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To: SkyPilot
The Sequester is going to cost 2 million jobs, hundreds of thousands of layoffs, and will gut a loyal Defense Dept that is already reeling from a $487 Billion cut that began 2 years ago in 2011.

It will only result in job losses because Obama didn't take the advice of the debt reduction council; Harry Reid didn't put the House solution uo for a vote (twice); and finally, Obama demanded tax increases in return for spending cuts, then sat on his ass and did nothing to formulate "smart cuts" (which is actually only a reduction in the future growth of spending).

There doesn't need to be a single layoff (not that there shouldn't be a reduction in the size of the federal government). Here's my motto "Attrition and contrition". Freeze wages and when non-essential personnel retire, do not replace them. If we allowed energy development and got rid of all the over-regulations of that industry, the economy would be at full employment in two short years.

55 posted on 03/03/2013 6:34:41 AM PST by Go Gordon (Barack McGreevey Obama)
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To: Lancey Howard
I believe Zuckerman was one of the high-profile people who was "victimized" by Bernie Madoff.

The more I read about that case, the less I believe a lot of these people were victimized at all. Some people go through life practically begging others to con them. Zuckerman seems like one of them.

56 posted on 03/03/2013 6:46:24 AM PST by Alberta's Child ("I am the master of my fate ... I am the captain of my soul.")
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To: 3Fingas
I disagee with you on that point. The spike in fuel prices in 2007 was a symptom of a problem, not the problem itself.

Fuel prices rose dramatically in the latter half of the 2000s because the U.S. dollar began to lose its purchasing power. This was the result of a deliberate U.S. government policy of printing massive amounts of cash to help finance the military operations in Iraq and Afghanistan without actually reporting those expenditures in the Federal budget.

Back in 2007 I came across a short article in a business magazine that got almost no attention here in the U.S. It described a huge run-up in real estate prices across the Middle East -- driven by real estate purchases that were being made with U.S. cash that had been paid to Iraqi tribal leaders after 2003. A good friend of mine who is a very astute investor made note of this and recognized the U.S. economy as a house of cards that was about to collapse. He sold all of his real estate holdings before the U.S. economy hit the skids in 2008. Smart man.

57 posted on 03/03/2013 6:54:45 AM PST by Alberta's Child ("I am the master of my fate ... I am the captain of my soul.")
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To: TexasFreeper2009

well... the election is over and Obama can’t run for a 3rd term


He won’t have to run for a 3rd term. He will be our unelected dictator by then.


58 posted on 03/03/2013 6:59:30 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: 2ndDivisionVet

This shows the real picture.

Under Bush's last four years, the labor force grew by some 8 million people, but the labor force participation rate held steady.
Under Obozo, it only grew by a million, yet still crashed and continues crashing.


The unemployment numbers are lies. The simple fact is that over 4 million jobs have been lost under Obama.

Not to mention, record numbers on Food Stamps and Disability.

To see the truth, look at the Bureau of Labor Statistics "Labor Force Participation Rate". Even counting useless, parasitic government jobs, there are 4,500,000 less jobs in America than when Obama took office.

Labor Force Statistics from the Current Population Survey
Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over

force participation rate type data percent rate age 16 years
Source: http://data.bls.gov/timeserie...
Labor Force (BLS): http://data.bls.gov/pdq/Surve...

During the last four years of the Bush Administration, the Labor Force Participation rate held steady at some 66% - despite the fact that the labor force increased by some 8 million.

Under Obama, it only increased in size by a million - but the participation rate crashed throwing millions out of work.

59 posted on 03/03/2013 7:23:48 AM PST by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: upchuck
They will be devastated in the coming storm.

Dragging genuinely disabled people down into the abyss with them.

60 posted on 03/03/2013 7:26:41 AM PST by Cyber Liberty (I am a dissident. Will you join me? My name is John....)
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To: OrangeHoof
As for me, I am just trusting in the Lord to get me through my remaining years whether they are five more years or 30. He is faithful. I’m counting on it.

We need to remind each other of this from time to time, as you did so eloquently. Amen!
61 posted on 03/03/2013 7:34:21 AM PST by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: SatinDoll
You will make it!

For your website to market your work, use "wordpress", it's free and easy to learn.

Also, if you can draw nice vector art on a computer, you can set up to do a line of tee-shirts for free.

Install:
Inkscape (Free)
The Gimp (Free)

Then design some tee shrits on 1800x2100 pixel transparent backgrounds and put them up for sale on:

My friend has started selling shirts there and thus far is happy... here is one of his designs for St. Patrick's Day (NOT MINE!!!)


62 posted on 03/03/2013 7:40:27 AM PST by Bon mots (Abu Ghraib: 47 Times on the front page of the NY Times | Benghazi: 2 Times)
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To: Go Gordon

You sound like one of the few reasonable people on FR these days. Thanks for your response.


63 posted on 03/03/2013 8:00:04 AM PST by SkyPilot
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To: 2ndDivisionVet

Recover by having the government “invest” in projects. Mr. Zuckerman fits right in at USNR. He has not a clue how the market actually works and thinks nothing works without the government making it work. I bet he thinks he is not a statist,


64 posted on 03/03/2013 8:33:19 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
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To: SatinDoll

Re post 21, I just wish that all of America was composed of people such as you, people of ambition and a wilingness to work. You obviously also have no attitude of “poor me,” would someone please help me?

P.S. I also congratulate you on your skill in writing correct English. I don’t see that too much.


65 posted on 03/03/2013 8:52:41 AM PST by OldPossum
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To: OldPossum

Speaking of correct English, it should be “poor me, would someone please help me?”

Misplaced quotation marks.


66 posted on 03/03/2013 8:57:22 AM PST by OldPossum
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To: Twinkie

Yup, went from around $2.00 to near $4.00 /gallon in less than 6 months.


67 posted on 03/03/2013 9:53:31 AM PST by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: All

Leaving for Panama in seven days. Can’t wait to get the hell out. This country is becoming a horror show.


68 posted on 03/03/2013 10:00:49 AM PST by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: 3Fingas

Yes you are correct. The housing was in a huge bubble. The bubble was created by Barney Frank and company who wanted every person wanting home ownership be given a mortgage loan regardless of their ability to pay. If banks refused the loans, they were threatened with serious investigations.

But the immediate cause was the collapse of the MBS & derivatives by Wall Street banks. If Glass-Steagall was still in effect, derivative gambles using depositor’s money would not be legal, and it is entirely possible the housing bubble may have just deflated slowly instead of bursting.


69 posted on 03/03/2013 10:21:36 AM PST by entropy12 (The republic is doomed cuz people have figured out they can get free stuff by voting democrats)
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To: lowbridge
"The US News and World Report having a moment of clarity?"

US News & World Report Magazine used to be and excellent magazine till Mortimer Zuckerman bought it in 1984 and made it into another liberal propagana rag like Time and Newsweek.

70 posted on 03/03/2013 11:07:19 AM PST by blam
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To: OrangeHoof

Consider moving to Houston, it’s getting wild and reminding me of 1975 to 1981.


71 posted on 03/03/2013 9:20:09 PM PST by Orange1998
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To: SatinDoll

Dust yourself off and come to Houston. All I am saying it’s really good down here. It’s the best it’s ever been.


72 posted on 03/03/2013 9:25:26 PM PST by Orange1998
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To: Orange1998

I’ve lived in Texas and cannot tolerate the climate. Here, we measure rain by the foot and summers rarely get above 80 degrees, which suits me just fine. On the other hand, we have relatives who live in Texas and I’ve urged my nephew to relocate there, as he likes the climate.

There are jobs here in the Pacific Northwest. Employers just do not want to hire a 61-year old woman who hasn’t worked in a decade and has physical limitations. Moving to another region will not change that scenario.

(For more than ten years I was caregiver to my dying elderly parents and a young nephew. Family obligations ended last fall.)

My posting was about having disabilities but still being able to work plus employers reluctant to hire someone over the age of 50 years. If you have a couple of physical problems and are over age 50, your chances of being hired are remote. I don’t care what the law states: age discrimination exists.


73 posted on 03/03/2013 9:50:03 PM PST by SatinDoll (NATURAL BORN CITZEN: BORN IN THE USA OF CITIZEN PARENTS.)
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To: SatinDoll

The heat is a concern in Houston so I can understand. Not much you can do about the age and physical limitations. I wish you luck in your endeavors. No matter how bad the situation there is always opportunities available. I know nothing about you but I can tell you write very well and know how to operate computers. Companies need this kind of skill.


74 posted on 03/03/2013 11:24:52 PM PST by Orange1998
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