My "unfuzzy" math puts the unemployment at 36.7%-- Worse than the "Great Depression"

So your either

1. A parasite
or

2. A parasite

Have to be a parasite to thrive in these economic times

I guess.

Most of the migration out of the labor force is due to the aging of the baby boom gen.

And despite the fact that very few of us are working even in the best of times only about 35% of Americans are employed. With approx 60% employment among the working age group in 2007, and with the working age group only representing about 57% of the population the US doesn't want or need full employment.

Because we are still far too wealthy to need full employment.

I offer as evidence the fact that there are very few Americans willing to displace the illegal immigrant population working in the US.

So it is back breaking work in the sun for less than $10/hour.....but if WE needed the money we would take those jobs. A large plurality of the unemployed are unwilling to take jobs that pay considerably less than their expectations.

collecting unemployment and foodstamps doesn't make one a parasite?

That is my point the parasites are the ones that are actually living these days. The rest of us work 72 hours a week and become robots and never live.

Then they just seize what we saved up from being robots.

But Biden and Obama told us unemployment was going away and they fixed it?! You're not calling our great leaders liars are you?

/sarcasm

I agree with almost every syllable of that post.

But the easiest way for the US to reinvigorate our own economy is via hyperinflation. Once our wages are reduced via hyperinflation we will regain global competitiveness and reduce our debt burden allowing us to pay down the national debt.

We won't be able to afford as many imported goods as we did a gen earlier but why should we think that we have some birth right to consume 25% of the world's commodities while we are only 5% of it's people?

We did experience hyperinflation for 26 months in 1979-81 with inflation capping at 15%. But we also recovered very quickly from a very serious recession and the lost two years are not even part of our national public memory.

Hyperinflation is the solution, not the problem. Don't store your wealth as cash and your assets will all gain value during a period of hyperinflation.

in that case I hear your pain.

If it was up to me we would put a bounty on illegal aliens, force people to work after 2 months of unemployment or foodstamps and hasten hyperinflation so we could become globally competitive again. I would also install tax disincentives to corps who offshore jobs and treat as a criminal class those who use offshore banks and proxy corps to avoid taxation.

I don't doubt the real numbers but there is a lot of building going on here in the NW, most of it is retail of course and housing seems to be rebounding.....all of this is because they manipulate the interest rate. Hell they're damned near paying people to borrow money, all the while the savers are getting the shaft.

Last Edited by Will Munny on 04/07/2013 03:38 PM

So let me understand this. The thousands of new regulations,taxes,obongo care etc etc DON'T have a chilling and deadening effect on the economy?

So obongo isn't in the least culpable?

So you "think" that using force is the way to create a thriving economy?

and it sucks! doing oddball jobs at strange hours.

I believe that you can use the carrot or the stick. In this case if people won't work they can figure out how to live without 99 months of unemployment bennies.

Same thing happened to me. Lost my cancer coverage. I think I was costing the company too much. I am 46, been in the industry all my adult life. They reposted my job, with the county, for more than I was making, and with additional requirements and certifications for employment. I've applied for almost sixty jobs since then with only one call back at 9 dollars an hour. My coverage is over. I am in that critical first year following chemo, hoping that I won't relapse. I have pain and scarring from a lymphectomy and surgery to remove the cancer. No more physical therapy or meds. My vision is impaired due to the interferon. I'm looking into self employment, but don't have the startup Capitol.

I've never been unemployed before, never been on any kind of welfare either. I've lost everything now. Never seen it this bad.

^^^This

Unemployment is actually insurance. That most of us working stiffs paid for as part of our benefits packages....at least in my company. It was calculated as part of my salary package. I am on unemployment now. I hate it, can't really make a go of it financially. Unemployment is a calculated percentage of your previous years income. If you were working min wage, you're gonna have a bad time.

I hear that. Agree.

I hear that. Agree.

Relax. The military will be looking for more staff soon!

It is more likely 50-60%. Today there is so many social programs that sustain americans that they don't feel the real pain. Take away the gov't stimulus on infrastructure and there would be 80% unemployment. 99 weeks of UI, food stamps, welfare, disability(80 million people)..etc... This is the nanny state, the utopia that alinsky dreamed of.

the less you make, the less they can take

What good does it do to pay into a system that doesn't support you when you need it? The wealth us taken from my hands by force for almost thirty years and I am called a parasite for needing some of it back right now....I should have been allowed to keep it. I would have done a better job of managing it. Hell, even hiding a percentage in my mattress would have made me wealthier. But NOOO..... Gotta pay taxes. Just don't expect anything in return, right? Numb nuts. Why pay for a government at all, then? What's the point?

Quoted for truth.

And who gets to decide what the carrot is and when and how to use the "stick"? You?

It is true that subsidizing something leads to more of it.

Characterizing people with offshore accounts as a "criminal class" is an appeal to emotion. It also is playing the envy and jealousy card.

Most off shore account holders are merely people who are trying to protect themselves from being plundered by government.

Maybe you should look at the reasons people and companies feel it necessary to try to hold on to some of their assets and money.

Maybe if taxes and regulations were reasonable?

Last Edited by s. d. butler on 04/07/2013 06:54 PM

Also pharmaceutical sales and most healthcare related jobs seem to pay well.

Which is why I keep going to college for nursing...

I just pray Obmanationcare doesn't destroy my livelihood.

May work private care... and open my own home health care business when I'm done with my RN.