Posted on 05/05/2014 8:05:29 AM PDT by xzins
Because of the way the unemployment rate is calculated, the rate can actually go down even when the number of people who are employed is also going down.
This all pretty much says that there are lying statistics.
But, the official unemployment rate is just 1% above what is considered “full employment”!
Isn’t the Obameconomy great?
It’s just a matter of redefining terms, like “someone” did in Genesis 3!
What do these people do all day? Hang out? Watch daytime TV? Go out in the streets and do God knows what?
Wow, we have a critical mass of people who are not doing anything productive with their lives. This is not good for society.
Yeah, just a little of opening their eyes would tell them a lot more than the massaged numbers ever could.
Obama did promise to bring change, the country accepted and elected him, and must now pay the consequences.
Vote dhimmicrat and vote damnation.
Oh...1978...the Jimma Carter economy....
92 million is about 1/3rd the entire population or 33%..Yet the liberals and RINOs tell us unemployment is at 7 or 8% lol lol. Yessar massa whuteva you say massa, it only 8%, whuteva you say must be the truth cause you the massa!
And that thought should concern all of us. We’re raising generations on public assistance. What was intended to be temporary help, to get people back on their feet, instead morphed into an “entitlement”, or way of life.
This may sound odd to any liberals, but I would be very concerned if kids grow up from childhood, thinking you have to get EBT, that babies don’t come from a dad who is involved in their lives, and the whole ghetto culture lifestyle.
If we divide the population into 10 age groupings, 0-10, 10-20, 20-30, 30-40, 40-50, 50-60, 60-70, 70-80, and 80-90, 90-100, we’ve got four of them not eligible to be working, and 6 of them that are. (I know this isn’t exact.)
If we place a 10th of the population in each group, then we have 120 million not eligible to be working....actually far fewer because they’re much smaller groups than a 10th of the population.
Let’s say there are 90 million out of 300 million that we shouldn’t expect to be working due to age and other things. That leaves 210 million that are eligible to be working.
This says about half of America eligible to be working isn’t working.
That says that the other half is carrying 2/3rds of the nation on their backs.
I think it’s split between welfare hacks and underground economy folks. I know when I visit the “self service” auto junkyard there are a lot of guys who are working off the books repairing cars for people and also buying, fixing up, and selling cars.
I do know most of the tv adverts during the Jerry Springer show are for disability lawyers. That’s probably not a coincidence.
These numbers say that we have 1/3 of America carrying 2/3rds of America. And the lower half of that one third doesn’t pay income tax, only social security, so that means we really have about 1/6 of America carrying everyone else on their backs.
That back will break.
What will be the straw that break’s the beast of burden’s back?
This administration literally makes things up as they go along. They can, because the low information voter lives and dies with soundbites. That being said, people are hurting out there, and are starting to pay attention. When someone is dropped from their health insurance for reasons they cannot really understand, and/or lose their job and cannot find another, the President getting on the television to tell everyone how great everything is and how successful his signature healthcare law is, people start asking questions and really wonder how things got this bad. We need to remind that it is the President, the Democrat party and their policies that have dragged us down and that there is an alternative. Unfortunately, the GOP-e could not care less, they just want their chance to tax and spend. It is a stupid game, of which I tire.
I think your estimated numbers are reasonable.
The party can continue as long as the fedgov can get away with having a yearly budget with 40% fake money.
But eventually the markets are going to puke on it.
That’s when it gets ugly.
But, but John Boehner and Hussein 0bama say we need to throw open the borders and grant amnesty because we need more workers! How can that be?
/EXTREME Sarc
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