Off-Topic: Bad news just keeps coming
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Name:   Council Rock Doc The author of this post is registered as a member - Email Member
Subject:   Bad news just keeps coming
Date:   6/6/2014 10:24:54 AM

http://www.advisorperspectives.com/dshort/charts/indicators/unemployment-labor-force-participation-rate.gif

 

Archie,

 

Look at this graph when you have the chance.  By now you must know that the unemployment "rate" is simply a fudge factor that nobody with a any economic sense and intellectual acumen takes seriously.  Manufacturing jobs only added what is called crisis level 10k jobs with non-durable manufacturing LOSING 7k jobs.  This is where the middle class jobs are.  They are vanishing before our eyes and I challenge you to show me any statistics that prove otherwise.  Bottom line is part-time America employed in  slightly greater than minimum wage jobs must equal economic vitality in your eyes and those of your fellow libs.   20% of American households are jobless, meaning that neither parent or child is working.  How can you possibly look at this economy with rose colored glasses when the important figure to look at is the labor force participation rate for 16 and over which you see above.  You can't fudge that statistic like you can the unemployment rate.  But we in reality know that the unemployment rate is much closer to 20%.  

Other messages in this thread:View Entire Thread
Bad news just keeps coming - architect - 6/6/2014 9:14:44 AM
     Bad news just keeps coming - Council Rock Doc - 6/6/2014 10:24:54 AM
          Bad news just keeps coming - Lifer - 6/6/2014 11:59:03 AM
          Bad news just keeps coming - MartiniMan - 6/8/2014 8:45:43 AM
               Bad news just keeps coming - Lifer - 6/8/2014 5:07:37 PM
     Brining Home the Bacon - MAJ USA RET - 6/9/2014 8:24:53 AM
     Bad news just keeps coming - lucky67 - 6/9/2014 11:19:50 AM
     [Message deleted by author] - lucky67 - 6/9/2014 11:20:04 AM



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