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Thread: The Unemployment Scam

  1. #1
    Vulture of The Western World Eric's Avatar
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    The Unemployment Scam

    As Obama once again this past week took to the airwaves upon his seemingly permanent throne, he boasted mightily of his job-creating prowess. Of course in real terms, all that was said was little more than braggadocios pomp, but when has that ever stopped a politician from spewing nonsense.

    Anyone who pays attention fully understands that most all government figures are either false due to outright incompetence or simply lies put forth in order to fool the people. In the case of unemployment, both of these factors are evident. Without going into detail as to the unemployment report for March, a report with very mixed data to say the least, letís look at just one factor; temporary census hires. I want to concentrate on the overall effect of census hiring, and over a period of time, not just the 48,000 hired in March.

    According to the census bureauís own site, the "total number of people recruited for 2010 Census operations during fiscal years 2009 and 2010 (as of March 1)" was 3.8 million. "This includes almost 1.2 million people recruited for address canvassing last year." Keep in mind that these are for the most part temporary positions that will probably be eliminated by the end of the 3rd quarter of this year. Just for 2010 alone, the census bureau will hire an additional 870,000 temporary workers, and if there is a large non-response follow-up needed, and this is very likely considering the large numbers not complying, then the census bureau intends to hire 635,000 more. Just what does this mean considering real unemployment?

    My best guess is that over the next few months, the federal government will put out positive job growth numbers and claim that employment is in a full rebound. These reports should be heavily scrutinized. If the temporary census hires this year alone are between 1 and 1.5 million, and those jobs are going to disappear later in the year, how will the adjustments made affect the unemployment numbers? Will the reality of this dynamic be hidden or glossed over by those at the top of the heap who stand to lose if the truth is evident?

    This probable positive job reporting over the next few months will be deceiving, but in my opinion, nothing will have been resolved in the real job market. In addition, the very negative effects on job creation due to the recently passed and very socialistic "health-care" bill will be problematic, and will continue to put extreme pressure on private sector job creation. In fact, the more that government growth occurs, the more private jobs that will be lost. The extreme pressures of current and future "healthcare" mandates will necessarily cause affected employers to either freeze salaries, stop new hiring or in many cases to eliminate positions in order to survive. Over time, some or many may go completely out of business. This will not be a short-term problem, but will worsen every year as more mandates, higher costs, and fines take effect. What this means is that the health bill will actually add to and deepen real unemployment.

    So far, Iíve not mentioned the fact that real unemployment is much higher than reported by the phony U-3 method currently used by the federal government. The "official" reporting showed that March unemployment held at 9.7%, but net of census hiring, it actually rose to 9.8%. This of course is bad enough, but the much more accurate U-6 unemployment calculation rose in March to 16.9%. According to John Williamsí Shadow Government Statistics, total real unemployment (all not working including all discouraged workers) now stands at 21.7%. While some of you may doubt this number, I do not. Regardless of that, there are many more unemployed than the government admits, and this problem is continuing to escalate.

    The point to all of this is simply to convey to readers that nothing is what it seems. The government apparatus continues to grow at the expense of the rest of us. If youíre not in bed with the political elite, then you are being harmed. Considering what has happened so far, there is absolutely no reason to believe what comes out of the mouths of anyone in this administration. I believe that any and all rhetoric coming out of Washington D.C. should be taken with a grain of salt, and much due diligence will be necessary to find the truth.

    In my opinion, the unemployment "data" reported by government will continue to be manipulated and painted in a more positive tone that it really is. Because of this, things will not be what they seem. To survive the probable turmoil that lies ahead, one must be aware of real facts, and put forth every effort to learn the truth. This will not be easy. It is my opinion that there will not be any jobless recovery, nor could there be, and none should be fooled into thinking that private employment is improving when many indicators say otherwise. None of us knows the future or has a crystal ball, but considering the past and current trends, caution is well advised!

  2. #2
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    As far as I'm concerned the government has lied to us, and has abandoned and betrayed once productive educated people.

    From the Seattle Times:



    The unemployed population is getting older and more educated as companies ramp up layoffs and the recession deepens.


    The total number of unemployed increased by more than 50 percent from January 2008 through last month, but the number of jobless Americans 55 or older jumped by 70 percent, according to new Labor Department numbers released Friday.

    For people with college degrees, the number rose even more sharply, by nearly 85 percent.

    The numbers confirmed a trend that job cuts are moving up the age and educational ladders, said Andrew Stettner, deputy director of the National Employment Law Project.

    Layoffs are hitting middle managers and professional-services firms as the recession enters its 15th month. Stettner said that's a shift from earlier in the downturn, when job cuts were concentrated in industries such as construction, retail and manufacturing, where workers are generally younger and less likely to have college degrees.

    Many employers are reluctant to hire older workers, Stettner said, because they may demand higher pay and companies may not want to take a chance with those who are shifting careers.

    Age is more of a factor than it has been in previous recessions: Americans older than 55 made up 12.8 percent of the 11.6 million unemployed last month, double the proportion in January 1982, when the country was mired in a steep recession.

    The aging work force explains part of the difference, but not all, Stettner said. The proportion of older Americans in the labor force has increased by 50 percent since 1982, he said.

    Meanwhile, Americans older than 55 constituted only 10.6 percent of the unemployed in January 2003. Unemployment peaked that year in the aftermath of the 2001 recession.

    Nearly 15 percent of the unemployed have a college degree, up from 13.8 percent in January 2003 and 9.7 percent in January 1993, another year unemployment peaked after a recession that ended two years earlier


  3. #3
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    Quote Originally Posted by dBrong View Post
    [LEFT]As far as I'm concerned the government has lied to us, and has abandoned and betrayed once productive educated people.
    You got that right. I'm mad and resentful as hell with what is going on. Sick and tired of the BS. I'll get calls for a little while and then nothing. Most work is out of town.

    When my unemployment runs out, I guess I will be saying "you want fries with that?"

    The American promise, the American Dream, the American Way. McDonalds.

  4. #4
    Vulture of The Western World Eric's Avatar
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    Quote Originally Posted by swamprat View Post
    You got that right. I'm mad and resentful as hell with what is going on. Sick and tired of the BS. I'll get calls for a little while and then nothing. Most work is out of town.

    When my unemployment runs out, I guess I will be saying "you want fries with that?"

    The American promise, the American Dream, the American Way. McDonalds.
    Societies (economies) in which there is widespread unemployment combined with obvious government corruption and grotesque disparities of wealth are inherently unstable.

    What's unusual about the current U.S. situation is that in addition to large-scale youth unemployment, there is the additional issue of large-scale unemployment among the educated middle and upper middle classes; people in their 40s and 50s with university educations and many years of professional experience, etc.

    What becomes of such people in our "new economy"? It's one thing to take a 22 year old who has never had much and may not have education/experience and plug him into a dead-end Mcjob. But what happens to people who are well-educated, experienced - and have 20-plus years of professional-level work behind them? You can't expect them to work a Mcjob without a high risk that many of them are going to explode - literally.

    I see a lot of "D Fense" types in the making...

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