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60 Minutes Just Blew The Lid Off The Unemployment Situation in the USA

Posted on 10/24/2010 4:41:44 PM PDT by My Favorite Headache

Airing right now...said the real unemployment is at 17.5%...showing tons of people with masters, bachelors, phd's, you name it...unemployed for 2 years...can't even get jobs at Target.


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Front Page News; Government; Miscellaneous; News/Current Events; Politics/Elections; US: California; US: Delaware; Your Opinion/Questions
KEYWORDS: cbs; christineodonnell; elections; fiorina; jobs; megwhitman; novemberelections; obama; palin; realunemployment; teaparty; unemployment; unexpected; vanity
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To: Mike Darancette

It’s gonna be a long cold winter.


361 posted on 10/24/2010 9:11:52 PM PDT by rdl6989 (January 20, 2013- The end of an error.)
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To: Huskerscott
Reality is this, most manufacturing jobs should pay between $8 to $12, and skilled jobs $15 to $20

I'm in the construction trades. Non-union, journeymen tradesmen were making $15 to $20 over twenty years ago.

Semi-skilled illegals in the trades now make the sort of wages you're talking about.

$30 an hour for a skilled tradesman is not out of line. I paid my skilled guys that wage for years, and the market fully supported it.

362 posted on 10/24/2010 9:12:28 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: RegulatorCountry

So people should intentionally answer poorly on those questionnaires that companies give you when you are doing their online application process...the psych eval as I like to call it.


363 posted on 10/24/2010 9:14:02 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: PugetSoundSoldier

I think your post is spot on, and quite cohesive. I couldn’t agree more, with the exception of one overlooked point, and that is the RINOs we still have in congress. I’m not so sold on Boehner myself, but I have hope. What I am leery about, are the old guard GOP, the McCains and Grahams who will still call the shots.

I fear that any newcomer will not be allowed on any committee of substance, but further, I think they will be treated as the red-headed stepchildren, especially if they were pushed in by the TEA movement.

Don’t kid yourself, the McCains types still in office lost friends in this bloodbath, and they were forced to spend millions on campaigns in districts that they thought they were entitled to. McCain and his ilk will still “reach across the isle” and I fear at the same time, he, Rove, Graham, Steel and the like will push hard to continue to diminish the TEA party and punish those who dared to take this nation back.

Once again, this is just speculation on my part, so I could be, and I hope I am, wrong.


364 posted on 10/24/2010 9:14:56 PM PDT by esoxmagnum
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To: Windflier
Something huge just happened behind the scenes, and I'd really like to know what it is.

Somewhere Hillary is grinning and licking her chops....The plan begins.

365 posted on 10/24/2010 9:15:30 PM PDT by The Cajun
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To: max americana

Did you notice that the entire piece focused on white people only? Not one story in it showing blacks, Hispanics, Asians...nadda...all white unemployed. Found that to be quite interesting.


366 posted on 10/24/2010 9:15:40 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: Rutles4Ever
How else is the government going to be able to finance the ever-growing debt? Foreign governments (read: China) are going to drop out of this game sooner or later, and the only source left for debt financing will be the American worker.

I don't think Obama and his gang care very much for the stock market or for companies.

Help me out here if I'm wrong on this. They haven't shown any willingness to stop the insane spending, and I would imagine a large VAT in addition to the current tax schedule would be impossible to sell to the American people.
What better deal than to tell them they'll have a guaranteed source of retirement income making 1% interest. Better than losing it in volatile stocks.

367 posted on 10/24/2010 9:16:07 PM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: My Favorite Headache

“People picking from trash who had full time careers.”

Are you serious? Where?

The majority of people in this country now are idiots. They are easily manipulated idiots easily brainwashed 24x7 by TV. Save me the Fox is okay BS. TV just lies and confuses the idiots. A real news media who be ripping him to shreds - ditto FDR.

We live in a police state with idiots drinking beer and watching ball games. When they somber up they live lives of quiet desperation and ignorance as serfs.

TV (left, elites,Islamics) help do that.


368 posted on 10/24/2010 9:17:14 PM PDT by Frantzie (Imam Ob*m* & Democrats support the VICTORY MOSQUE & TV supports Imam)
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To: My Favorite Headache

He’s an opportunist, like Mitt Romney in that regard. Newt really caught himself with his pants down over that whole Scozzafava deal in New York, really overplayed his hand, exposed himself to those remaining who weren’t already dismayed with him. And he thinks he’s got a shot at the Republican Presidential nomination, lol.

Not a chance. Not him, not Mitt, none of the old guard establishment compromisers. Their time has passed, whether they realize it yet or not. It appears reality is slowly dawning, as you see the public disdain melt away and the brazen bandwagon-jumping commence. They don’t appear aware that they’re under a microscope, either, which will provide hilarity, already has actually.


369 posted on 10/24/2010 9:17:33 PM PDT by RegulatorCountry
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To: My Favorite Headache
We all knew it would come to this, didn't we? The Democrats don't have a creative idea one in their entire party. The Democrat Party is built on a house of cards and played out on a movie stage.


370 posted on 10/24/2010 9:17:43 PM PDT by VeniVidiVici (Democrats are for free speech. Just not for you.)
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To: Hot Tabasco

Disturbing...63 years old and still having to worry about the next pay check.


371 posted on 10/24/2010 9:17:49 PM PDT by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: fr_freak

Tax, tax and tax more. The liberal playbook.


372 posted on 10/24/2010 9:18:11 PM PDT by GOPsterinMA (Support and vote for Sean Bielat (MA-4)! MA-4 is Barney Frank's district.)
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To: PugetSoundSoldier
...if you can ever manage it, never, ever let another man sign your paycheck!

Wise words, and so, so true.

I started signing my own paychecks in 1997, and never looked back. The last four years have been very rough, but for most of the years I've been my own man, I've made more than any employer ever paid me.

373 posted on 10/24/2010 9:19:18 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: My Favorite Headache
This was a direct hit on Obama and Dems. Nobody else. You saw people who had worked all of their lives who were forced to cash in on everything...and still face losing their homes in 3 months. Not one mention of Bush or blaming Bush. This was something else.

60 minutes. . with no liberal spin? What's the catch. . and this close to November 2nd? ?

374 posted on 10/24/2010 9:20:33 PM PDT by Art in Idaho (Conservatism is the only hope for Western Civilization.)
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To: My Favorite Headache
All the more reason for this solution:

When the current income tax system:

1) Costs US$304 BILLION per year to comply with.
2) Discourages keeping personal savings and capital investment in the USA.
3) Sends millions of jobs, thousands of factories and hundreds corporate headquarters outside the USA for income tax avoidance reasons.
4) Sends circa US$16 TRILLION in American-owned liquid assets into the underground economy or offshore financial center banks for income tax avoidance reasons.

No wonder we have a failing economy and rising unemployment rate. We need a MASSIVE overhaul of our income tax system to reduce compliance costs and encourage Americans to keep their savings and capital investment in the USA. FairTax, along with Steve Forbes' flat income tax proposal, will do just that.

375 posted on 10/24/2010 9:23:25 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: My Favorite Headache

I would strongly recommend downplaying experience and careful but honest editing of resumés and applications. Custom tailor each resumé for each postion available. Unless it’s a position for which you’re actually a good fit and not overqualified, it’s really no time to toot your own horn. Play up what they’re interested in and give the rest short shrift.

There is no law that says you have to spell out everything you’ve ever done for your entire career, just be honest about what you do describe and don’t leave any gaps. Educational attainments and professional certifications can be omitted as well, depending upon the nature of the information that is asked of you. If it’s not asked, don’t volunteer, you’ll not make the impression you think you’re making.

Put yourself in their shoes, envision their ideal candidate and be it as much as possible given your unique circumstances.


376 posted on 10/24/2010 9:26:55 PM PDT by RegulatorCountry
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To: My Favorite Headache

I have an advanced degree and if I was not an entrepreneur I would be unemployed. Praise God for Capitalism; I can always find something to buy and sell!


377 posted on 10/24/2010 9:26:58 PM PDT by politicalmerc (I can see November from my house; can you?)
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To: My Favorite Headache

I work on helping people save their homes from foreclosure. The vast majority (not surprising, really) are between 42 - 66 years old. The younger group is in the prime earnings age. They will never see any windfall that will protect them when Social Security ceases to exist.

Had a dream once where the government essentially paid average families a stipend, just like foster care, to take care of the elderly (food and shelter) until they took ill. Then they simply “went away”.

Perhaps it was a premonition of my own fate.


378 posted on 10/24/2010 9:27:07 PM PDT by Hoosier-Daddy ( "It does no good to be a super power if you have to worry what the neighbors think." BuffaloJack)
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To: Nextrush

http://www.youtube.com/watch?v=3Hddm-Y148c


379 posted on 10/24/2010 9:27:47 PM PDT by Amerikan_Samurai
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To: Diana in Wisconsin

There Once was A Commie from Kenya,
Who the Media made the King of Virgina,
With anger and spite-
He attacks all that is right-
and with the Medias’ help He will End-Ya.


380 posted on 10/24/2010 9:28:27 PM PDT by DanielRedfoot (What a fool believes, No wise man has the power to reason away)
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