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Well-informed people know that unemployment is actually around 12%.
Well-informed people know that unemployment was much much worse in December 2008, which is what we're actually talking about. The effects you're referring to apply at all times. The metrics I cited are the best and more accurate indicators even though they indicate the opposite of what you wish they indicated.
Please stop trying to dodge the issue by going off onto tangents. I'll just highlight the ridiculous rhetorical tactic you're using to try to rationalize the offensive nonsense you prefer, and we'll go around in the circle again.
Unemployment is the lowest it has been since President Obama took office - even lower than it was prior to the fiscal crisis precipitated by the previous administration. The most recent reported monthly unemployment rate was 5.6 percent for December 2014. The last time it was that low was in June 2008. This administration took office in January 2009. You are simply ill-informed, or politically motivated to post information you know is false.
every day thre is mire corruptness of how the money is gained- 2 if they fairness does not trickle down- to the middle class, you will end up with a lot of 3rd class citizens and leave our country very, very vulnerable to protect itself. the head cannot run with out its feet
see other large countries- the very rich n the poor- with no voice
Well-informed people know that unemployment was much much worse in December 2008, which is what we're actually talking about. The effects you're referring to apply at all times. The metrics I cited are the best and more accurate indicators even though they indicate the opposite of what you wish they indicated.
Please stop trying to dodge the issue by going off onto tangents. I'll just highlight the ridiculous rhetorical tactic you're using to try to rationalize the offensive nonsense you prefer, and we'll go around in the circle again.
Unemployment is the lowest it has been since President Obama took office - even lower than it was prior to the fiscal crisis precipitated by the previous administration. The most recent reported monthly unemployment rate was 5.6 percent for December 2014. The last time it was that low was in June 2008. This administration took office in January 2009. You are simply ill-informed, or politically motivated to post information you know is false.
Stop with the personal attacks, please, accusing me of posting information that I know is false.
Wall Street and the White House might have an incentive to convince people that the economy is better than it actually is. (The media, on the other hand, is encouraged to play up bad news, which gets more attention.) But it’s an insult to the public’s intelligence to suggest that it could be tricked into thinking the economy is good just because the Labor Department says so. The government uses one set of numbers, while another shows the broader picture.
Not to worry. When semi capitalist systems like our become too unbalanced they fall apart because of a lack of consumers of whatever is being offered. Who, for example, is going to be able to buy $20K automobiles and $200k houses on little more then a minimum wage? When these stop selling the effect will ripple through the economy and a DGA of $17,000 plus will be a fond memory. This will cause the wealth to become more equal not by increasing the wealth of the 99% but by eliminating most of the speculative gains of the 1%.
No, it's not. It's why our elected officials can get away with all kinds of devious, manipulative, and profitable (for them) sh*t. Way too many people are financially and mathematically illiterate. Public schools... best way to dumb down the populace.
Not to worry. When semi capitalist systems like our become too unbalanced they fall apart because of a lack of consumers of whatever is being offered. Who, for example, is going to be able to buy $20K automobiles and $200k houses on little more then a minimum wage? When these stop selling the effect will ripple through the economy and a DGA of $17,000 plus will be a fond memory. This will cause the wealth to become more equal not by increasing the wealth of the 99% but by eliminating most of the speculative gains of the 1%.
That will be fun to watch.
That's true. Which makes it even more ironic that some useful idiots are on here saying " good, give those few hundred people more made up Trillions of our money and let the rest of the World destruct while inflation runs rampant and wealth declines for 90% of Americans-they earned it". Even the richest and most powerful on the planet understand that the masses need to be integrated into the economy or there will be none.
Now time will tell if they have the fortitude and humility to actually do anything about it, but they are sure talking about the growing issue of global wealth monopolization that transcends across any nation:
Credit cards, 30 year mortgages and car leases/loans, two-working parent households, mass incarceration and other issues have only masked the deterioration of household wealth in this country and the dissapearance of the middle-class.
Not to worry. When semi capitalist systems like our become too unbalanced they fall apart because of a lack of consumers of whatever is being offered. Who, for example, is going to be able to buy $20K automobiles and $200k houses on little more then a minimum wage? When these stop selling the effect will ripple through the economy and a DGA of $17,000 plus will be a fond memory. This will cause the wealth to become more equal not by increasing the wealth of the 99% but by eliminating most of the speculative gains of the 1%.
That will be fun to watch.
Hmmm, maybe with average vehicle prices of over $30,000 and average new home prices over $250,000, with near-record vehicle sales and recovering home building activity, the 99% must be doing better than we realize.
Everyone who has figured out how to be more valuable to the rest of society is making more money. The biggest challenge we have is that politicians are attempting to grab a bigger share of the economy and give it to their friends. The resulting distortions and inefficiencies and corruption are making us all poorer--except for those rent-seekers who get on the corruption gravy train. You know, rent-seekers like Liz Warren, who lied in order to get a cushy job and collect big paychecks under false pretenses. And the Obama backers who ran Solyndra, etc.
Stop with the personal attacks, please, accusing me of posting information that I know is false.
Wall Street and the White House might have an incentive to convince people that the economy is better than it actually is. (The media, on the other hand, is encouraged to play up bad news, which gets more attention.) But it’s an insult to the public’s intelligence to suggest that it could be tricked into thinking the economy is good just because the Labor Department says so. The government uses one set of numbers, while another shows the broader picture.
Look at this -- it attempts to put a spin on the Gallup poll (not very successfully) and is not unbiased, but a source you might find credible. Is the unemployment rate really just a
There was an article that had the unemployment rate and the unemployment pay out for November of 2007 and November of 2010. [ (unemployment rate/payout in 2007) * payout in 2010] = More than 17% unemployment. We were paying out for over 17% unemployment and calling it 9.8% The current 5.6% unemployment rate isn't acting like 5.6% unemployment rate did 10 years ago.
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