93 million Americans not working

DerekJohnson

cnsnews.com/news/article/ali-meyer/628-labor-force-participation-has-hovered-near-37-year-low-11-months

doogsinparadise

Neoliberalism at work.

AZDuck

http://i.imgur.com/Phu8eXt.mp4

jecornel

Sounds like people better start selling their couch. There are a number of cities that could use street sweeper for all the people throw on the ground.

Perfect opportunity for people to go into business themselves. Put some other people to work.
Start a blog, make an app, everyone is doing it.

RaccoonHarry

a nationwide $15/hour minimum wage can fix that.






Huh?

jecornel

Make it $20.00 dollars an hour

greenblood

Most here know where I generally stand, but I think that stat is a little misleading. As the artical states, the percentage is affected when baby-boomers reach the 55 and over mark. 25-54 is a much higher participation rate, then 55+. So if you have more people reaching 55+ than reaching 25-54, the overall number will dip. However, there is still a decrease in participation levels from this 25-54 age group, as a graph posted here a few days ago pointed out. Maybe not as high, but nonetheless still a decrease.

Truth is, there continues to be less and less incentive for lower income people to work. In some cases, these people make less money working minimum wage jobs than what they get between wellfare, food stamps, and other credits offered by the federal government. Until the government handles these types of programs on a localized level, you will see a continued rise in low income families taking advantage of the wellfare system. I understand that by doing that we may pay more taxes, but it also provides more jobs (I know......government jobs), but also insures the people getting the benefits actually deserve them, and the lazy moochers can take a hike. I think the government fails to understand that the majority of people are willing to pay more taxes as long as it's being given to people that actually need it, than those that CHOOSE to need it.

doogsinparadise

jecornel said:

Sounds like people better start selling their couch. There are a number of cities that could use street sweeper for all the people throw on the ground.

Perfect opportunity for people to go into business themselves. Put some other people to work.
Start a blog, make an app, everyone is doing it.

There's your libertarian solution, make an app? Huh?

DugtheDoog

But...but...the economy is strong. Obubba says so. And unemployment is at 5%.

RaceBannon

Let's play another 9!

jecornel

doogsinparadise said:

jecornel said:

Sounds like people better start selling their couch. There are a number of cities that could use street sweeper for all the people throw on the ground.

Perfect opportunity for people to go into business themselves. Put some other people to work.
Start a blog, make an app, everyone is doing it.

There's your libertarian solution, make an app? Huh?

It was an attempt at humor.

Doogles

Sounds like hardcorehusky subscriptions have never been higher.

d2d

I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.

topdawgnc

We need America Works!

AMWorks will get this country working again.

Fire_Marshall_Bill

d2d said:

I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.

No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.

2001400ex

Fire_Marshall_Bill said:

d2d said:

I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.

No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.

Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.

doogsinparadise

2001400ex said:

Fire_Marshall_Bill said:

d2d said:

I think Derek hates Obama. Everything is wonderful. Just ask Hondo, DoucheDaDice, and diafBill.

No it's not. He and Bush really fucked up the debt and this cuntry is a mess, but like Honda, you seem to focus blame on one party in a myopic way when the whole system is screwed up.

Disagree. I have repeated that both parties are fucked up. However, we are not in a depression and letting Iran build a monster nuclear arsenal.

The world is ducked up because we're all slaves to the neoliberal financial institutions, and that includes the US even though we wrote the fucking rules. Want to understand the war on unions? Want to understand reduced employment following the recession? Want to understand why the shadowy trade negotiations that you hear about every now and then are so hated by people that read history?

seattletimes.com/seattle-news/data/mapping-king-countys-disappearing-middle-class/

Not that retarded specimens of evolution like d2d have any idea who the true paymasters are in our society.

priapism

This # bottomed. U.S. economy is back for the next 4 years, but the stock market is going to drop at least by 30% within the next year. Most the rest of the economies around the world will be at zero growth for the next 3 years -> why commodities' prices are dropping so much + the dollar is strengthening with interest rate rises coming to kill the housing market. I'm short gold through "DGLD" 3X gold bear fund. Gold and oil are priced in dollars - rest of the world doesn't like the prices of those with a strengthening dollar.

2001400ex

priapism said:

This # bottomed. U.S. economy is back for the next 4 years, but the stock market is going to drop at least by 30% within the next year. Most the rest of the economies around the world will be at zero growth for the next 3 years -> why commodities' prices are dropping so much + the dollar is strengthening with interest rate rises coming to kill the housing market. I'm short gold through "DGLD" 3X gold bear fund. Gold and oil are priced in dollars - rest of the world doesn't like the prices of those with a strengthening dollar.

You are partly right. The dollar is at 12 year highs, and that means oil and gold prices will be dropping.

The stock market will not drop 30% the next year. Consumer confidence is increasing in America, which is offsetting the other economies "decline". I put decline in quotes because counties like China are growing at 8% still, but down from 13%. It will drop in the near future due to a natural cycle. It will be a shallow quick recession (if you don't know what that means, think of your sex life, let's just say it's always consensual for you). The timing will be a after the election. No matter who is elected.

unfrozencaveman

priapism said:

This # bottomed. U.S. economy is back for the next 4 years, but the stock market is going to drop at least by 30% within the next year. Most the rest of the economies around the world will be at zero growth for the next 3 years -> why commodities' prices are dropping so much + the dollar is strengthening with interest rate rises coming to kill the housing market. I'm short gold through "DGLD" 3X gold bear fund. Gold and oil are priced in dollars - rest of the world doesn't like the prices of those with a strengthening dollar.

Sure about that? I am bullish on uranium. Truth be told, I got a good tip from an old goldbug back in mid 2000's, but there is no direct way to play it. Ended up buying a Canadian company which hasn't done shit

It's comin back tho, I guarantee it

d2d

Since CollegeDouche's Wheelhouse sank in Puget Sound, (I think Vince Foster was on board), I like to get my economics reports from Hondo and DoucheDaDice. That's what I like to do.