1 in 6 American men, ages 25-54 are not working.
“There are currently 61.1 million American men in their prime working years, age 25–54. A staggering 1 in 8 such men are not in the labor force at all, meaning they are neither working nor looking for work. This is an all-time high dating back to when records were first kept in 1955. An additional 2.9 million men are in the labor force but not employed (i.e., they would work if they could find a job). A total of 10.2 million individuals in this cohort, therefore, are not holding jobs in the U.S. economy today. There are also nearly 3 million more men in this age group not working today than there were before the recession began,” the Republicans on the Senate Budget Committee claim.
“Although defenders of the current economy attribute shrinking labor force participation to the increasing pace of retirement of the Baby Boomer generation, these new statistics above confirm a trend that Barron’s recently diagnosed: ‘The ratio of those over 55 in the workforce actually ticked up’—in other words, older Americans are being forced to return to work in a poor economy to make ends meet while many younger Americans simply aren’t working at all. In short, there is an unprecedented supply of working-age Americans who do not hold jobs.”
Heck of a job, Barry!
Life it seems, tends to affirm the Dunning-Kruger effect.
Actually, Darleen, your congratulations are merited.
The fictional character known as ‘Barack Hussein Obama’ has been very successful at carrying-out the scheme of his Leftist handlers.
Many more Americans are now dependent on the government now than were in January of 2009.
Slowly, but surely, the American Will To Freedom is being worn-down, as more and more of us are finding ourselves trapped in a sticky spider web that makes it very, very hard for us to mount an effective Resistance to the Despots because our financial security would be utterly destroyed if we did.
If you’re the head of a Family, how do you ‘fight the power’ if doing so will quite likely see everything you’ve done to protect your Family will be likely be stripped from you by a government that enforces it’s diktats at the point of a gun and/or utilizing corrupt systems, such as the Courts Of Law?
Dat depressing.
Dis funny.
“In short, there is an unprecedented supply of working-age Americans who do not hold jobs.”
Perfect time for amnesty and comprehensive immigration reform!
Especially if the Stabs manage to get Patsy #3 elected despite Hillary’s inevitabubble-illity.
Hazards of being reading-oriented instead of hearing-oriented?
You never learn awesome stuff like this.
I recommend dicentra’s link at 2:43.
Palin: No More Fundamental Transformation — Time For Fundamental Restoration
If Only the President Knew
*Economy*
argh.
*corrected*
https://www.youtube.com/watch?v=OVPYFsTlp4Y
The evils of capitalism, explained.
Economists predict employment for men in this age group will pick up next quarter.
/rinse, repeat next quarter
http://blogs.ft.com/beyond-brics/2014/05/29/belarus-plans-to-bring-back-serfdom/
No really. They’re sick of people leaving farms and moving to the city so there should be a law against that. No shit. For reals. In the 21st century.
Obama should have his nose rubbed in this. He thinks the world dare not defy his calendar. The truth is he’s too goddamned weak and stupid to hold up a 21st century world view. With a fool like him in charge we could slide all the way back to early medieval before the rise of the merchant houses. He’ll we might be back to neolithic by the time he’s done shitting the global bed. Some a-holes will always crave power and will happily exploit naive weak links like Obama to get it.
Interview: Amity Shlaes and Artist Paul Rivoche Discuss the New Graphic Novel Edition of The Forgotten Man
Marx wrote a lot about how much better things were for the workers before the Industrial Revolution. Few readers ever seem to pick up on the nostalgia in his writing.
So, let’s start a pool on how long we have before Sgt. Bowe Bergdahl is made Secretary of Defense or State or elected to the Senate? 3 years? 5?
>Few readers ever seem to pick up on the nostalgia in his writing. <
i luvs the two hole outhouse. diversity now!
If any statistic proves that we need to provide low-skill illegal immigrants with amnesty, this is it!