May06
If You’re Not Scared
on May 6, 2012 at 1:35 pm..you haven’t read the numbers. Millions of members of the work force have simply disappeared in Obama’s depression, and they won’t be coming back until he’s gone.
..you haven’t read the numbers. Millions of members of the work force have simply disappeared in Obama’s depression, and they won’t be coming back until he’s gone.
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Thanks for posting this Rand. I’m going to send a link to every idiot Obama supporter I know, whom I’ve told about the people who have been intentionally dropped out of the numbers. I doubt this will change their minds, but I’ll have given them something to read, instead of my ‘opinion’ as several have said.
In point of fact, I asked here just a few days ago if anyone still believed the Labor Department numbers. I’m no math genius, but this whole numbers scenario seemed to me like a case of figures not lying, but liars figuring. Evidently they figured up to about 350K people on this occasion. It’s a little akin to making people into ‘unpeople’, like in the old Soviet Union.
The lying b@st@rds.
Every time jobs data are released, they are spun in a positive fashion — then quietly revised to their correct (and always worse) values the following week. The dishonesty of this Administration is simply breathtaking.
+1
…the reason why the unemployment dropped to 8.1% is that the labor force participation rate just dipped to a new 30 year low of 64.3%.
Soon “unemployment” will be zero. That’s how the Soviets did it, right?
Q: What’s the difference between a capitalist fairy tale and a Marxist fairy tale?
A: The capitalist fairy tale starts out; “once upon a time there was….”, The Marxist fairy tale starts out; “some day there will be….”
In Soviet Russia, fairy tells you!
Titus,
Yes, funny how it matches the demographic bubble of the Baby Boom isn’t it?
Funny how your comment has nothing to do with the labor force participation rate which excludes students, retired, stay-at-home parents, prisoners, people with unreported income, and those not looking for work.
Oh, and it’s a percentage.
So you have no point regarding baby boomers. It’s just some insinuation of yours.
Ken,
You have no idea how the numbers are generated do you?
I wonder how many of those are illegals that have gone back home? I have seen short articles mentioning that the tide had slowed coming in, and some saying that more illegals were leaving than coming in, but no numbers were mentioned. “Giving up and going home” would be a bit better than “giving up and staying here” as far as these numbers go, but not by much.
This is anecdotal but illegals leaving AZ are mostly heading to TX rather than Mexico.
I suppose its no use to explain that the decline in the labor force started in 2002 and mostly reflects the retirement wave of the early Baby Boomers.
http://data.bls.gov/timeseries/LNS11300000
And its no surprise, it has been projected for years…
http://www.cse.sc.edu/~buell/References/BureauLaborStatistics/art3full2014.pdf
But I guess when you have Anti-Obama Derangement Syndrone (AODS) reality and accuracy no longer matters…
Interesting chart. Does the decline in the trendline double starting in Jan 2009 or are my eyes deceiving me?
Jiminator,
You mean when the banks that got the Bush Bailout paid it back by not passing the funds on to their borrowers as President Bush promised they would?
Anti-Obama Derangement Syndrone
Glass houses, bro.
Yes, the butthurtiness for the Obamaphiles continues unabated. It’s the younger people who’ve stopped getting benefits and still don’t have work. Hell, the early retiree level (those who claim Social Security at the lowest possible age – 62) dropped to 26.9% last year, the lowest since 1976.
Yes and I am sure you will see the labor force participation rate increase even more when the Republicans end Social Security as we know it
No worries — I’ll still send you a tube of Preparation H c/o the old folks home.
I repeat. It’s a percentage. Size is not a consideration. Baby boomers or population size makes no difference.
It’s just about people that have jobs and those that are looking.
Ken,
Have you ever looked at a demographic chart of the Baby Boom? On that shows percentages? I guess not based on your comment about it…