Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

August 7, 2013

Jobs


      Near as we can figure, there are 158.1 million people in the American labor force (155.8 million civilian plus 2.3 million military), of which 11.5 million are unemployed, leaving 144.3 million at work.  The country’s total population is 316.8 million, and, taking out children and seniors, there are somewhere in the very general vicinity of 200 million adults who could be working and 44.2 million who should be but are not.

      44.2 million divided by 200 million gives us an unemployment rate of 22.1%.  Of those 144.3 million people who are working, empirical evidence indicates that at least 50-100 million of them are in sh!t, dead end jobs, generally way below where their education was supposed to have taken them, and hate it, our definition of chronically underemployed.  Therefore, the un/underemployment rate in the United States can be estimated to range somewhere between roughly 47.1% and 72.1%.  At least.  That’s a very conservative estimate.

      So where does the Obama White House get off telling us that unemployment “edged down” to “7.4” last month, trumpeting this as some kind of improvement?

      The man has devastated the quality of life in this country by ignoring the horrific problem we’ve got with JOBS.


    JOBS, you pathetic, do-nothing incompetent.  America needs JOBS!  

Still.