Posted on 04/17/2011 7:08:45 PM PDT by blam
That’s where he lost me.
Very sloppy article deisgned to appeal to the echo chamber.
if you look at the reported unemployment numbers, they have also cheated on those. The numbers behind their calculations show that the working age population has increased by over 6 million over the past two years, but the available labor force has dropped about a million.
Quite obviously the available labor has actually increased by several million, so they are under reporting unemployment by several percent, even if you ignore all those part time workers who are underemployed!
What crap.
Everything would be so much better if we just taxed “the rich” more... Bla, bla, bla...
We could take everything “the rich” have and the government would still be running in the red.
Screw these people that are constantly trying to blame successful productive people for all the economic problems we have today. Most of our problems today are due to people who think they are entitled to others hard work instead of pulling their own weight.
Even though the USSR is no more, we still have this in China btw. They have a totally hollowed out potemkin economy that will shock everyone when it collapses, probably before ours does.
“Yes, enumployment is 20% in this nation. Twice what they will admit.”
The numbers the government puts out there have no credibility at all; everyone can see they are a sham. One hundred years ago people could be mislead by convincing themselves that the bad conditions they were seeing must not be widespread; now technology lets us know otherwise. Lying to the people will not get the Kenyan Pirate re-elected; most people know they are worse off than 30 months ago, regardless of what the TV says.
There is a very real conflict of interest in having the government publish inflation numbers; if the true numbers were used, the costs of current Social Security recipients would skyrocket to adjust for it. All of the prices that we see rising could only be offset by the fall of home prices; hardly an indication of “no inflation”.
People can always vote for members of either party that truly represent them, and against members of either party that don’t. The Dems lose in this arrangement because when the votes really matter, their members toe the party line and support the socialist agenda of their leadership (see Stupak, for example). Repubs who support big spending should be tossed as quickly as Dems who do, and if TEA Party candidates can be supported in primaries they should be.
“Need some wage inflation to kick in too or soon even the people with jobs will be broke.”
Unfortunately wage deflation seems to be the trend. Most of the unemployed people I know find jobs 1/3 to 1/2 of what they made before. People who have held on to jobs have not had an increase in several years and have seen an increasing share of escalating health care costs passed on to them by their employer. For exempt white collar workers, working hours also continue to rise as they take on the jobs of their coworkers terminated in waves of downsizings.
The CEO’s and executives of major corporations are playing into Obama’s class warfare game by continuing to award themselves outrageous (by historical standards) compensation while making the working environment more and more oppressive everyday. I’m hearing more and more middle class people who believed in the system and are now crushed by declining personal income and rising inflation, plus the ever present fear of unemployment, complaining about executive greed and Republican policies. What is left of the middle class is losing faith in the capitalist system due to the behavior of the leaders of the private sector.
err..aisle ;-)
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