I told's ya... she crazy!!! 
Posted on 05/05/2014 8:05:29 AM PDT by xzins
The problem with these numbers is that they count people like my wife as not in the labor force.
My wife is a stay-at-home mom to our two young sons and she works a lot harder at her job than I do at mine. Though I do recognize that SAHMs are definitely in the minority these days.
Otherwise, good point.
I told's ya... she crazy!!!
The 40% fake (and/or borrowed) money is unimaginable for you and me.
Banks would laugh at us if we wanted to borrow 40% of our income EVERY year.
bump to the top
What is even more amazing than the results, the poll was conducted and edited by the Obozo loving/adoring ComPost and ABC!
http://www.freerepublic.com/focus/f-news/3151710/posts
Unemployment Drops to 0% as Last Worker Leaves Labor Force
The People’s Cube ^ | May 3, 2014 | Opiate of the People Posted by 4Liberty
Comrade Barack Obama today became the first to achieve a milestone coveted by enlightened central planners everywhere when the Bureau of Laborious Statistics announced the much-followed totally-meaningless “headline” U3 unemployment rate for last month was ZERO PERCENT! This means that the glorious economic recovery he engineered after the disastrous Bush years has now attained FULL EMPLOYMENT!
It is a tribute to Professor Obama that he was able to find the Holy Grail which eluded history’s greatest economic thinkers such as Lenin, Stalin and Mao. This landmark achievement along with his establishment of free healthcare for everyone via the Affordable Care Act cements his reputation as the Greatest Leader in this or any other universe for all time.
The dramatic moment occurred at 12:03 PM, four weeks to the day after Lyman Yilk, a pipe-fitter from Bittcling, Pa, finally gave up looking for work. Mr. Yilk has been unemployed since 2005 but was on a celebratory bender since the day after Mr. Obama’s first election and did not know that the Keystone Pipeline (which Mr. Yilk was hoping to find work on) had been cancelled due to environmental concerns. When he finally sobered up four weeks ago and learned the project was dead, he abandoned his search to find a job.
Mr. Yilk was the last worker to leave the labor force and turned the lights out as he left. According to the BLS definition:
Quote: U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks. Without Mr. Yilk, there was no one actively looking for work any longer, hence the U3 rate was now ZERO PERCENT, praise Obama!
Gloom-and-doom naysayers were quick to note that the labor force participation rate had also dropped to zero percent which (according to them) was not a good thing as it meant no one was employed. Comrade Nancy Pelosi countered their racist, straw-man argument brilliantly by observing that it also meant no comrade was any longer “job-locked” and each was free to be an artist, writer, hooker, etc, and pursue their passion.
“There is no underestimating this tremendous achievement of Barack Obama” said Paul Klugeman, an expert on hiding declines and fudging economic statistics as well being the self-proclaimed “Conscious Liberal”. “Comrade Obama has achieved the socialist dream of freeing all of The People ™ from the slavery of work and permitting them to live off of someone else’s dime as god, if he existed, would’ve wanted.”
Dr. Klugeman was asked if a problem would arise due to the fact that since no one was working, there would also be no one to pay for the benefits that all the non-workers were collecting.
“Nonsense”, he proclaimed. “The Fed will simply print money for artists and writers and hookers to use to buy things from China! What could go wrong?”
It seems so simple now, it’s a wonder no one ever thought of it sooner.
“The genius of Dear Leader Barack Obama lies in his simplicity”, said Dr. Klugeman.
We agree.
The real unemployment chart vs. the media propaganda.
Yes, it was a random estimate of all who wouldn’t be expected to be in the labor force. I added the total to about 120 million and pushed it down to about 90 million.
Using the chart it appears that it equals right around 100 million.
Pretty good estimate off the top of my head.
Please, tell me your opinions. Can’t we simply take the number of people of working age, determine the number of those that are not working and then determine the real unemployment rate? Am I missing something?
I agree with you. The number of people of working age divided by the number of those of working age not working should give the unemployment rate.
Do you think it would be more helpful to give the employment rate? The number of people of working age divided by the number of people who are employed.
And we’ll use as employment, the number of those who paid in the previous month on a personal social security account + those who have legally opted out of social security but also file for federal income tax.
Your formula has a built in (Biblical) assumption that all who can work, should work.
Leftists, of course, being humanist, gnostic, anti-Christians,
twist this belief -
only those who want to work should be able to work.
That’s why the current admin calculates the UE rate the way they do - those who don’t want to work or have given up don’t count as unemployed.
Haha. Love it.
Thanks for re-posting!
Now I needs go find my Meds....
:(
“Haha. Love it.
Thanks for re-posting!”
Thanks. It is great, and I’m having fun re-posting it.
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