Jim Clifton recovering economy another lie, Unemployment rate lie, CEO Gallup, 25 million people whose economic lives have crashed, Invisible in reported 4.9% official U.S. unemployment rate, Devastated American remains counted as “full-time employed”
“The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was little changed in September at 7.1 million. These individuals, who would have preferred full-time employment, were working part time because their hours had been cut back or because they were unable to find a full-time job.”…US Labor Dept. September 2014
“11.4%: What the U.S. unemployment rate would be if labor force participation were back to January 2008 levels.” …James Pethokoukis, American Enterprise Institute, June 2013
“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″
From Gallup September 20, 2016.
“The Invisible American”
“I’ve been reading a lot about a “recovering” economy. It was even trumpeted on Page 1 of The New York Times and Financial Times last week.
I don’t think it’s true.
The percentage of Americans who say they are in the middle or upper-middle class has fallen 10 percentage points, from a 61% average between 2000 and 2008 to 51% today.
Ten percent of 250 million adults in the U.S. is 25 million people whose economic lives have crashed.
What the media is missing is that these 25 million people are invisible in the widely reported 4.9% official U.S. unemployment rate.
Let’s say someone has a good middle-class job that pays $65,000 a year. That job goes away in a changing, disrupted world, and his new full-time job pays $14 per hour — or about $28,000 per year. That devastated American remains counted as “full-time employed” because he still has full-time work — although with drastically reduced pay and benefits. He has fallen out of the middle class and is invisible in current reporting.
More disastrous is the emotional toll on the person — the sudden loss of household income can cause a crash of self-esteem and dignity, leading to an environment of desperation that we haven’t seen since the Great Depression.
Millions of Americans, even if they themselves are gainfully employed in good jobs, are just one degree away from someone who is experiencing either unemployment, underemployment or falling wages. We know them all.
There are three serious metrics that need to be turned around or we’ll lose the whole middle class.
- According to the U.S. Bureau of Labor Statistics, the percentage of the total U.S. adult population that has a full-time job has been hovering around 48% since 2010 — this is the lowest full-time employment level since 1983.
- The number of publicly listed companies trading on U.S. exchanges has been cut almost in half in the past 20 years — from about 7,300 to 3,700. Because firms can’t grow organically — that is, build more business from new and existing customers — they give up and pay high prices to acquire their competitors, thus drastically shrinking the number of U.S. public companies. This seriously contributes to the massive loss of U.S. middle-class jobs.
- New business startups are at historical lows. Americans have stopped starting businesses. And the businesses that do start aregrowing at historically slow rates.
Free enterprise is in free fall — but it is fixable. Small business can save America and restore the middle class.
Gallup finds that small businesses — startups plus “shootups,” those that grow big — are the engine of new economic energy. According to the U.S. Small Business Administration, 65% of all new jobs are created by small businesses, not large ones.
Here’s the crisis: The deaths of small businesses recently outnumbered the births of small businesses. The U.S. Census Bureau reports that the total number of business startups and business closures per year crossed for the first time in 2008. In the nearly 30 years before that, the U.S. consistently averaged a surplus of almost 120,000 more business births than deaths each year. But from 2008 to 2011, an average of 420,000 businesses were born annually, while an average of 450,000 per year were dying.”
From Citizen Wells February 3, 2015.
“Citizen Wells and others such as Rush Limbaugh have been warning and informing you about the real economy and jobs situation.
From Citizen Wells January 29, 2015.
“The plummet of the labor force participation rate in NC, other states and the US is big news and should be more widely reported.
The percentage of the population working is also important and in some ways more significant.
Since the big news today was the lowest so called initial claims number in 15 years let’s go back to January 2000 and compare the employment to population percent from then to now.
Jan 2000 64.6
Dec 2014 59.2
That’s a plummet of 5.4 percent!
Jan 2000 65.1
Dec 2014 56.5
That’s a plummet of 8.6 percent !!!
So much for the improved economy and jobs situation.
I warned you we were in the age of Big Brother and “1984.””
From Gallup CEO Jim Clifton
“The Big Lie: 5.6% Unemployment”
“Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.
Right now, we’re hearing much celebrating from the media, the White House and Wall Street about how unemployment is “down” to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market.
None of them will tell you this: If you, a family member or anyone is unemployed and has subsequently given up on finding a job — if you are so hopelessly out of work that you’ve stopped looking over the past four weeks — the Department of Labor doesn’t count you as unemployed. That’s right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.
There’s another reason why the official rate is misleading. Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.
Yet another figure of importance that doesn’t get much press: those working part time but wanting full-time work. If you have a degree in chemistry or math and are working 10 hours part time because it is all you can find — in other words, you are severely underemployed — the government doesn’t count you in the 5.6%. Few Americans know this.
There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.
And it’s a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory. A good job is an individual’s primary identity, their very self-worth, their dignity — it establishes the relationship they have with their friends, community and country. When we fail to deliver a good job that fits a citizen’s talents, training and experience, we are failing the great American dream.”
“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.
Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013
FEBRUARY 25, 2014
“The U.S. Economy: Kidding Ourselves”
“The White House keeps telling you that unemployment is going down (“It’s under 7%!”) and Wall Street wants you to think the economy is coming back (“The Dow just passed 16,000!”)
It’s time for a reality check. These two institutions want to persuade you that things are getting better — spreading good news is great politically and drives up markets — but they aren’t living in the world that you and I wake up to every day.
My simple point to readers is this: You can’t possibly believe the U.S. economy is in a sustainable recovery when:
Business deaths now outnumber business births. According to the U.S. Census Bureau, the total number of new business startups and business closures per year — the birth and death rates of American companies — have just crossed for the first time since the measurement began. Here, I am referring to employer businesses, those with one or more employees, the real engines of economic growth. Four hundred thousand new businesses are now being born annually nationwide, while 470,000 are dying annually nationwide.
Up to 2008, startups outpaced business failures by about 100,000 per year. But in the past six years, that number turned upside down. As you read this, we are at minus 70,000 in terms of business survival.
Small business is dying in this country, and this will have catastrophic consequences for our economy and way of life. Up to 50% of all jobs are in small businesses and approximately 65% of all new good jobs are created by them, according to the Small Business Administration. Without startups and growing small businesses, nothing will fix America’s economic energy, let alone create new good jobs.
What’s worse, the country’s leadership isn’t doing much to revive the entrepreneurial spirit of small businesspeople. More than half of U.S. small-business owners say healthcare costs (54%) and taxes on small businesses (53%) are hurting their operating environment “a lot,” making these the top two concerns among eight issues tested in a Wells Fargo/Gallup Small Business survey. In such an environment, entrepreneurs wait. They draw their heads back in and take fewer risks, because they’re unsure of the future. That lack of confidence causes everything to stop — especially good jobs and economic growth.”
Why have I chosen white American employment to analyze?
To all of the rational folks reading:
It is still by far the largest segment of the population.
For an apples to apples comparison.
And because it has been decimated under Obama.
Bearing in mind what Jim Clifton reported. That many of the full time employed are working at much lower wages:
From the US Labor Dept.
White American employment.
Over 8 million more not in labor force since Obama took office.
A 3 percent drop in Labor Force Participation Rate since Obama took office.
Despite population growth, the same number employed as in 2007.
There was a 10 million rise in Civilian noninstitutional population since 2007.
As you can see, the employment situation for white Americans is even scarier.
………….as the number of illegals/refugees increases the lower wages will go. I would venture to guess that organized labor will soon be seeing it’s demise. Only the remaining auto manufacturers will have unions, and the future of the auto workers will also come into question. many of Americas auto workers are looked upon as UNSKILLED LABOR……….simply because that laborer doesn’t need any education ,or special training to do a job where he shoves a color coded bolt into a color coded hole, puts a color coded nut on it and tightens it with a color coded impact wrench, which has been preset to tighten to a color coded torque. Absolutely no intelligence necessary….. yet that laborer is being paid close to $30.00 per hour, and receives the absolute best healthcare obtainable. ……to compound the injury when you purchase a new automobile you PAY $2000.00 of the retired auto worker’s healthcare premium. All of this is one good reason to buy a 2 year old used vehicle…….biggest portion of depreciation is past, and the vehicle still has a lengthy service life.
“We call it the “birther” theory of the labor market. It turns out that 52% of all the new jobs—-5.25 million—-reported by the BLS since the end of the recession were imagined, not counted.
This amounts to still another whopper from the government statistical mills, and more evidence that the so-called recovery is based on a tissue of lies.”
……….it would tend to corroborate the simple fact that the entire Federal government is UNHINGED, and are living in LA LA LAND, along with our so called leaders, and liberal candidate. All are twisted beyond imagination.
“1984” on steroids.
“Money Laundering Scheme Exposed: 14 Pro-Clinton Super PACs & Non-Profits Implicated”
“The FBI is asking for the public’s assistance in locating these two unknown individuals.”
“Closed circuit television recordings indicate that these individuals allegedly located a piece of luggage on the sidewalk, removed an improvised explosive device from the luggage, and then left the vicinity leaving the device behind but taking the luggage.”
CHARLOTTE IS BURNING… AND ‘RAINBOW JENNIFER’ IS LOST
I’m sure by now everyone in America has witnessed the DEPLORABLE thing that happened in our fair city last night. If not, I will try to give you a capsule snapshot as a refresher.
Around 4 pm yesterday, a BLACK police officer shot and killed a BLACK man that exited a car at a school with a GUN in his HAND…..by 9 pm, things were getting totally out of control.
Can you just imagine what would have been the response of that crowd if it had been a WHITE police officer doing the shooting !
But let me say up front that I do not think it was all local citizens doing the rioting last night……I think it was a bought and paid for demonstration brought into Charlotte to make this dirty deed happen.
This morning, the news said that 16 police officers had been hurt trying to keep order in the northern part of the city. Police cars were set on fire and a, large semi truck too. Perhaps one officer has serious injuries.
At 9 am. this morning, ‘Rainbow Jennifer’ (Roberts) came on national television appealing to the public for calmness. She was asking for ‘dialog’ in the matter.
Of course she was also asking for ‘dialog’ about the HB2 situation that has made our city and state a laughing stock all over America…..but the ‘dialog’ would have to be slanted to favor her position of letting perverts into little girls bathrooms.
I have lived in this town for 10 years now. When I first came to Charlotte, it was a peaceful, clean, beautiful, and law abiding city. The leaders of local government had complete control over their town and was doing a great job of governing the people. Fairness prevailed and the people were happy. There was crime in the city, as there was in any city, but it was handled in a professional manner and the public was protected at all times by those we paid to do that job……..but things have changed in the past 10 years since Barack H Obama has been in office.
The change hasn’t been all at once, it has gradually put the people to sleep and came upon us in an undetected manner. More ‘refugees’ and more crime from people of foreign origin began to be seen on our streets. Crime increased but was covered over with bogus numbers. The people were told that ‘all is well in Camelot, so move along folks’ ,…. , but it wasn’t.
We got a new president who promised he would “Fundamentally Change America”, but he didn’t bother to tell us how he intended to do that. Then well into his first term, he started to lean toward protecting those who wanted to bring harm to America and her citizens…..he even had ‘Beer in the Rose Garden’ with one who opposed a certain police action and was calling all law enforcement officers ‘pigs’…..well things just got progressively worse from then on.
Into his second term, he started showing his favoritism toward not calling things as they were. For example, he would never call “Radical Islamic Terrorism’ by that term. He would alabi and twist words into something that it wasn’t. “Workplace Violence” was one of his favorite terms which replaced ‘Radical Islamic Terrorist’, and to this day, he still refuses to identify the real radical Islamic terrorism problems facing America.
Then along can “Black Lives Matter” which has replaced “All Lives Matter” in his dictionary…Obama has even had this ‘radical George Soros funded anti-establishment group of toughies’ dine with him in the White House. The arms of this Soros group has now expanded across America like the plague affecting all cities, and especially those in ‘battle ground states’ that will effect the national election in November. It is a ‘political arm of the ‘democrat national committee’ and nothing more, nothing less. For hire trouble makers.
Local leaders in cities have lost control of their towns to state leaders who in turn have lost control of their state to federal ‘con artist’ sitting in Washington who enjoy a ‘protective unbrella’ from the national government.
So people wonder why we have so much lawless today and why nothing is done to stop it….they only have to look at the ‘chain-of-command’ from the top down and see who’s in charge. In every major city in America, most likely that control is in democrat black hands.
Do not misunderstand me here. Most of the cities are trying to do the right thing, but are hampered by the lack of concern coming out of Washington. But nevertheless, Washington has exerted control over those cities and towns by threats to withhold funding rightfully due them….and that trick has worked to centralize control, which was a goal of this Obama cabal from day one in office….remember when he said, “we need a civilian police force that’s equal in force as our armed forces”……that statement scared the hell out of me !..Is he now trying to make his own ‘lawless civilian police force” ?
But this control from Washington has also has it’s drawbacks. For one thing, local leaders have lost total control over their own towns.
As an example, I will use the HB2 situation here in Charlotte. It is a known fact Obama has been pushing an LGBTQ scenario on the public at large since his second election. As he nears the end of his time in office, he has increased that effort, and is reaching out to ‘battleground states” in an effort to make it an issue in the next election. He and the national HRC (Human Rights Campaign) which he has approved of, have selected the fair city of Charlotte as their ‘last ditch stand’ . This national effort has cost Charlotte dearly in business. Lately, the NCAA, NBA, ACC and many more have refused to come to Charlotte because of the negative effect this is having on our city. But the finger of blame is being pointed in the wrong direction.
The media is largely to blame for that.
Behind all this effort is “Rainbow Jennifer” as she is now known to many citizens of Charlotte. Roberts is nothing more that the lowly ‘water boy’ selected to carry the state and national leaders in this HB2 effort…..now she is also dealing with perhaps the “black Lives Matters”…in this latest shooting in Charlotte. I do not accuse Black Lives Matters of organizing and mobilizing those who were rioting and burning in Charlotte yet…but it sure has the earmarks of their actions…..time will perhaps answer that question.
Meanwhile our gutless leader, ‘Rainbow Jennifer’, is calling for ‘dialog’…..which she knows, and I know will never come.
Of course all of the above is just the opinion of an old soldier.
BUSTED. Funny how the FBI wasn’t able to find this
SMOKING GUN: New messages from Hillary’s IT guy reveal…
Stinks like rotten fish.
Now this is getting funny. Hillary’s attempt to wipe her server was so sloppy, her guy actually went on Reddit asking other users for help with how to do it.
Too good: Hillary’s e-mail wiper went on Reddit for advice on how to hide a ‘VERY VIP’ address
Only to begin furiously deleting all the posts – just yesterday, mind you – when other Reddit users realized who he was.
Word is spreading about the extent of Hilliary’s crimes, and the incompetence of law enforcement under the usurper.
I was on weaslezipper and this black man said they was going to protest in the wealthy neighborhoods in Charlotte. He said South Park and Fairview. I hope that you don’t live near there. So please be very careful when you go out.
“The System Is Rigged, Racist” Don King Urges “Black People Need Donald Trump”
Probable new article.
Hillary has Reddit itis
Scramble to cover story on IT guy probable reason for Chapel Hill fundraiser cancel.
BREAKING: FBI Director James Comey – SUBPOENAED By Congress For Letting Hillary Off The Hook!
21 Sep, 2016 by Terresa Monroe-Hamilton
It looks like FBI Director James Comey is sitting in a pot of hot water and the temperature is steadily being increased. He let Hillary Clinton skate completely on the email scandal. He even said she was lying and was guilty, but let her off anyway. No one can figure out why either.
Comey released highly redacted notes of his interview with Hillary Clinton. They were practically useless. Attorney General Loretta Lynch is just as complicit for meeting with Bill Clinton just before Hillary testified to the FBI. Obviously, briefing him on what Hillary should and should not say.
Congress has repeatedly requested that Comey provide certain documents on Clinton’s email scandal and he has repeatedly failed to provide them. In a further attempt to get Comey to comply, Lamar Smith of Texas has slapped Comey with a subpoena compelling him to cough up the documents.
The FBI Director’s recommendation to the Attorney General not to indict Democratic presidential candidate Hillary Clinton for legal infractions with her private email server while at the State Department still has many political observers shaking their heads over the obvious legal double standard.
The decision-making of FBI Director Comey, who recently sent highly redacted notes of his interview process and investigation of Hillary Clinton, and Attorney General Loretta Lynch, who had a private meeting with Bill Clinton prior to her case being dismissed, have been highly scrutinized.
After grilling Comey on the Hill, Congress requested that the director deliver certain documents so lawmakers could better understand the scope and breadth of Hillary Clinton’s extra-legal email activities. The director has reportedly failed to deliver, and now Congress is once again trying to get transparency.
The Washington Examiner reported:
House Committee on Science, Space and Technology Chairman Lamar Smith, R-Texas, subpoenaed FBI Director James Comey on Tuesday for documents and information related to the security of the private email account and server Hillary Clinton used when she led the State Department.
Smith asked Comey for the documents in a Sept. 9 letter, but then issued the subpoena after Comey failed to comply with the request.
“The committee continues to have questions about the structure and security of the email system used by former Secretary Clinton and whether she and her staff employed cybersecurity standards required by FISMA,” the statement from the committee read. But I doubt they will ever get the answers they are seeking… they will get stonewalled by the Obama Administration, the FBI and the Clintons, just as they always do.
We seem to no longer have three functioning separate branches of government in this nation. The Executive Branch seems to rule over all now, making the Judicial Branch submissive to it and the Legislative Branch all but irrelevant. There is no better example of that than the corruption surrounding Hillary Clinton.
All of this SH*T going on in Charlotte lies right on the backs of the democrats who want to use this and anything they can before the election….
This is criminal and they damn well know it…
Thanks Trudy, I am always careful. I always have Mr. Smith and Mr. Wesson by my side at all times…..I didn’t get to be an old soldier by being stupid.
Thanks Mr President for your lack of concern !
Tulsa Shooting, the truth !!!! http://conservativetribune.com/truth-crutcher-bad-for-media/#respond
BREAKING: FBI Director James Comey – SUBPOENAED By Congress For Letting Hillary Off The Hook!
Bob, yes something needs to be done by President Trump
Looks like there will be a lot of replacements forthcoming.
This was posted the other day on another site with comments.
Check it out….
Breaking News – Dash Cam shows Keith Scott with gun !!!! http://www.thegatewaypundit.com/2016/09/breaking-dash-cam-video-shows-keith-scott-getting-car-coming-officers-gun-hand/
Good morning sir,…………
When the security footage of the Hornets store is obtained it is probable that each one of the intruders will eventually be identified, charged, and brought to justice.