Welcome back, Carter: Labor Force Participation Rate Drops to 1979 Levels;

[longknife]

Real Unemployment at 11.6 percent

Oh, Madge, he's so historic!

Things just keep getting worse for the American worker, and by implication [the] U.S. economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work. The best manifestation of this: the number of people not in the labor force, which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers.

Wanna argue? Check out the graphs and links first @ Doug Ross @ Journal: Welcome back, Carter: Labor Force Participation Rate Drops to 1979 Levels; Real Unemployment at 11.6 percent

 

[Interpol]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

 

[pinqy]

Real Unemployment at 11.6 percent

Oh, Madge, he's so historic!

Things just keep getting worse for the American worker, and by implication [the] U.S. economy, where as we have shown many times before, it pays just as well to sit back and collect disability and various welfare and entitlement checks, than to work. The best manifestation of this: the number of people not in the labor force, which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. This was the biggest monthly increase in people dropping out of the labor force since January 2012, when the BLS did its census recast of the labor numbers.

Wanna argue? Check out the graphs and links first @ Doug Ross @ Journal: Welcome back, Carter: Labor Force Participation Rate Drops to 1979 Levels; Real Unemployment at 11.6 percent

Well, Well let's look at the problems here. First, an inaccuracy:

he number of people not in the labor force, which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work

Not in the Labor Force doesn't mean no longer looking for work, it simply means not. working or looking to work (16 and older not in prison or an institution). So a high school student turning 16 is an increase to not in the labor force.

Here's the part I don't get:

fudging the labor force participation rate is how the Obama administration has managed to maintain the myth the economy has grown under his leadership for the past 4+ years.

How does he think the labor force participation rate can be fudged? The labor force is the number of employed plus the number of unemployed, and the participation rate is the labor force divided by the population.

if one re-normalizes for the recent long-term average participation rate of 65.8%, one gets a very different number.

well, yeah. If you assume a different labor force, and you add all the extra people are unemployed, then you'll get a higher UE rate. But that's all he's doing: saying that if there were more unemployed the rate would be higher. Which is a tautology. He'd have to show that there really are that many more. Which he hadn't't

 

[Norman]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

 

[boedicca]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

Austerity? Obama has increased federal spending by more than 20% over Bush's high levels.

Calling what we have an "austerity" problem is the same as an individual who has maxed out a dozen credit cards saying he just needs more credit cards.

 

[editec]

I suspect the REAL number is more like 25% unemployment.

 

[pinqy]

I suspect the REAL number is more like 25% unemployment.

The sad part is that some people might actually believe that. Idiot Williams at shadowstats is still claiming 22.9% unemployment even though that's demonstrably at least 15 million more than possible.

 

[EdwardBaiamonte]

Calling what we have an "austerity" problem is the same as an individual who has maxed out a dozen credit cards saying he just needs more credit cards.

yes, more alcohol for the drunkin liberal government is the way to sober it up!! If millions will believe this we can understand how millions believed Hitler, Stalin, and Mao. Thinking is simply not necessary for most human beings and 100% of liberals.

 

[Rozman]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

Or we can go the Democrat way and spend more then we are.
We don't have the money and are approaching $20 trillion in debt and the Libs
answer is to just spend more.

 

[lynn63]

Over half of the U.S. workforce population is not working right now.

 

[EdwardBaiamonte]

You can't cut your way to prosperity.

if you cut government spending you can because libturd Solyndra bureaucrats cant spend as wisely or carefully as private sector folks spending their own hard earned money. Here's a list of Obama's Soviet spending so far :

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
*Denotes companies that have filed for bankruptcy=

 

[pinqy]

Over half of the U.S. workforce population is not working right now.

What are you defining as "workforce population?"
And where are you getting your numbers from?

 

[Sallow]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

Well no.

Basically this demonstrates a complete lack or refusal to accept the large "mega spending" that went on during the Bush administration. The "Debt" that the Obama administration was left to pay down, while being left with an economy in shambles, is basically what conservatives are yammering about now.

New spending has actually been going down and the effect is, municipal, state and federal employees have been laid off, lost through attrition and not replaced.

And historically, since the depression, this was one way that government used spending to combat high employment.

That's "suddenly" stopped.

Private business has not been picking up the slack, even in the face of historic profit.

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

 

[EdwardBaiamonte]

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

dear, Obama just socialized the entire health care industry- 20% of the economy! Corporate taxes are the highest in the world and so drive business and jobs offshore!! The Fed is printing money like crazy with a $3.5 trillion balance sheet!! Conservatives oppose 100%!!

If you're not smart enough to be here why are you here??

 

[Politico]

[ame=http://www.youtube.com/watch?v=QVS3WNt7yRU]Welcome Back Kotter - YouTube[/ame]

 

[Leweman]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

Well no.

Basically this demonstrates a complete lack or refusal to accept the large "mega spending" that went on during the Bush administration. The "Debt" that the Obama administration was left to pay down, while being left with an economy in shambles, is basically what conservatives are yammering about now.

New spending has actually been going down and the effect is, municipal, state and federal employees have been laid off, lost through attrition and not replaced.

And historically, since the depression, this was one way that government used spending to combat high employment.

That's "suddenly" stopped.

Private business has not been picking up the slack, even in the face of historic profit.

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

Obama care.

 

[chikenwing]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

Well no.

Basically this demonstrates a complete lack or refusal to accept the large "mega spending" that went on during the Bush administration. The "Debt" that the Obama administration was left to pay down, while being left with an economy in shambles, is basically what conservatives are yammering about now.

New spending has actually been going down and the effect is, municipal, state and federal employees have been laid off, lost through attrition and not replaced.

And historically, since the depression, this was one way that government used spending to combat high employment.

That's "suddenly" stopped.

Private business has not been picking up the slack, even in the face of historic profit.

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

What a piece of work.

 

[longknife]

This is what happens when you go with austerity over investment.

Republicans continue to support what Europe has done austerity-wise, to the detriment of our country.

Austerity-only gave Europe a double-dip recession. Investing on our side of the pond gave us a fragile recovery and a yearly deficit that will now clock in at well under half of what it was 5 years ago, and has been falling ever since.

You can't cut your way to prosperity. When America finally learns that, hopefully it won't be too late. But not if Congressional Republicans have anything to say about it. They root for the downfall of America so they can blame Obama for it.

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

Well no.

Basically this demonstrates a complete lack or refusal to accept the large "mega spending" that went on during the Bush administration. The "Debt" that the Obama administration was left to pay down, while being left with an economy in shambles, is basically what conservatives are yammering about now.

New spending has actually been going down and the effect is, municipal, state and federal employees have been laid off, lost through attrition and not replaced.

And historically, since the depression, this was one way that government used spending to combat high employment.

That's "suddenly" stopped.

Private business has not been picking up the slack, even in the face of historic profit.

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

Don't you Libtards EVER tire of the "Blame Bush" posts?

 

[rdean]

You can't cut your way to prosperity.

if you cut government spending you can because libturd Solyndra bureaucrats cant spend as wisely or carefully as private sector folks spending their own hard earned money. Here's a list of Obama's Soviet spending so far :

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($700,981)*
Johnson Controls ($299 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)
*Denotes companies that have filed for bankruptcy=

Solyndra is owned by Bush and the Republicans. Fail.

 

[rdean]

So can you tell how much the debt is reduced every year in this austerity?

Oh wait, there is no austerity, there is only mega spending... There is no austerity in europe either, but at least it's not a completely artificial spending party. Which means in the long run europe will most likely do much better than USA. Sure NOW things may look better for USA, just like things look great for people after they have maxed their credit card.

Well no.

Basically this demonstrates a complete lack or refusal to accept the large "mega spending" that went on during the Bush administration. The "Debt" that the Obama administration was left to pay down, while being left with an economy in shambles, is basically what conservatives are yammering about now.

New spending has actually been going down and the effect is, municipal, state and federal employees have been laid off, lost through attrition and not replaced.

And historically, since the depression, this was one way that government used spending to combat high employment.

That's "suddenly" stopped.

Private business has not been picking up the slack, even in the face of historic profit.

So really, why are conservatives mad at government? It's doing exactly what they want it to do.

Don't you Libtards EVER tire of the "Blame Bush" posts?

Libtards? Shut the fuck up shit for brains. Where is you post taking "credit" for the deficit creating Bush Tax Cuts for the wealthy, the two unpaid for wars, the drugs for votes bill costing trillions, the cost of the tens of thousands maimed in Iraq, the apology to BP......the list is endless.