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Labor Force Participation Rate At 1979 Levels

Whitewing

Well-known member
Things just keep getting worse for the American worker, and by implication US 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. And even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is "improving."

Labor%20Force%20Rate_0.jpg


Here, I'll say it: This is all Bush's fault. :roll:
 

Mike

Well-known member
You do know the "Stimulus" was a 2 year $TRILLION$ program to get us back to work again? Has it been 2 years yet? :lol:
 

Whitewing

Well-known member
Mike said:
You do know the "Stimulus" was a 2 year $TRILLION$ program to get us back to work again? Has it been 2 years yet? :lol:

OldBritzman-Reich said:
17 July 2009 The Jobs/Stimulus bill is not even 6 months into what is a 2 year plan...Many of the local jobs just started because of weather- others are held up because the factories can't get geared up fast enough to make the steel needed....
You don't just go from a country on the brink of oblivion (where Bush had taken us) to a full blown booming economy overnight.....
Talk to me about it 2 years down the line...

I guess if you'll fall for Hope & Change, you'll believe anything. :roll: :lol:
 

Tam

Well-known member
US March jobs report was out today and according to it the US added only 88,000 jobs in March. Considering the US has to create over 200,000 to break even this does not say much for Obama ability to create jobs does it.
 

hopalong

Well-known member
Has 2 yrs passed yet oldimer,,,seems like time passes so fast doesn't it????
You said talk to you in 2 yrs... so are you talking???? :roll: :roll: :roll:
 

Steve

Well-known member
this sure brings back memories.. of the ol days..

and while the liberals may accuse conservatives of wanting to go back to the good ol days.. they sure are good at puttin US back in time themselves..

Obama’s “poised for recovery” = Jimmy Carter’s workforce levels

There’s not much else to say about the latest unemployment numbers, other than to feel sorry for anyone who still takes Obama and his spinmeisters seriously when they babble about “recovery” and how their brilliant long-term plans have left America “poised” for success. But there’s plenty to say about the efforts to spin this bad news away.

Even one of President Obama’s former economic advisers, Austan Goolsbee, called the March jobs report a “punch to the gut,”

This sort of thing is a standard feature of the Obama economy: anemic job creation – which occasionally bounces up to decent levels for a month or two – coupled with enormous workforce contractions, as discouraged job-seekers give up looking and exit the market. Very few of the small ticks downward in the unemployment rate over the past few years have been unaccompanied by workforce contractions. This time, job growth was astoundingly weak, and the workforce exodus was exceptionally large. You can tell it’s really bad because not even the most daring Administration flack or Obama apologist is attempting to claim that the tiny dip in the misleading U-3 unemployment rate is good news.

Update: In addition to Austan Goolsbee, another Obama-favored economist swallowing hard as he contemplates the March job report is Mark Zandi. On CNBC this morning, Zandi went completely off the reservation and admitted something you will find in no stack of Administration talking points: ”I think healthcare reform might be having an impact.” He noted that hiring has slowed most dramatically during the first quarter for the companies most likely to be affected by ObamaCare regulations.

Calling it quits: Labor force participation rate hits 34-year low in US
 

Whitewing

Well-known member
”I think healthcare reform might be having an impact.” He noted that hiring has slowed most dramatically during the first quarter for the companies most likely to be affected by ObamaCare regulations.

What's wrong with these people? No knee pads?

OT has told us it will take about 10 years before we see the benefits of KingKare and by then things will be humming along just fine. :roll:
 

Tam

Well-known member
Where are all the Libs cheering the fact the unemployment rate has gone down yet again? Did they finally figure out that the only reason it is going down is because there are few people actually looking for work? :?

Gee guys I think that was the reason for every drop you've cheered about so why aren't you showing support for Obama now? :?

Want to bet the cut in job creation has a lot to do with the hike in taxes and the fact Obamacare is going to force employers to cover employee healthcare or be TAXED.

If Obama wants to see the unemployment rate to drop all he has to do is stop attacking job creators with his endless tax hikes that are being wasted on Duck Penis studies and condom studies. AND Repeal the job killing Obamacare.

Which does he care about more his failure of a signature bill or putting people back to work?
 

Whitewing

Well-known member
Tam said:
Where are all the Libs cheering the fact the unemployment rate has gone down yet again? Did they finally figure out that the only reason it is going down is because there are few people actually looking for work? :?

Gee guys I think that was the reason for every drop you've cheered about so why aren't you showing support for Obama now? :?

Want to bet the cut in job creation has a lot to do with the hike in taxes and the fact Obamacare is going to force employers to cover employee healthcare or be TAXED.

If Obama wants to see the unemployment rate to drop all he has to do is stop attacking job creators with his endless tax hikes that are being wasted on Duck Penis studies and condom studies. AND Repeal the job killing Obamacare.

Which does he care about more his failure of a signature bill or putting people back to work?

Uh Tam, he's busy fundamentally changing Amerika. :roll:
 

Tam

Well-known member
Whitewing said:
Tam said:
Where are all the Libs cheering the fact the unemployment rate has gone down yet again? Did they finally figure out that the only reason it is going down is because there are few people actually looking for work? :?

Gee guys I think that was the reason for every drop you've cheered about so why aren't you showing support for Obama now? :?

Want to bet the cut in job creation has a lot to do with the hike in taxes and the fact Obamacare is going to force employers to cover employee healthcare or be TAXED.

If Obama wants to see the unemployment rate to drop all he has to do is stop attacking job creators with his endless tax hikes that are being wasted on Duck Penis studies and condom studies. AND Repeal the job killing Obamacare.

Which does he care about more his failure of a signature bill or putting people back to work?

Uh Tam, he's busy fundamentally changing Amerika. :roll:

Yep and being praised all the way to Bankruptcy court. :roll:
 

lonewolvie

Well-known member
I am tired of all of this fraud. How would the federal government react if you applied the same logic to your income tax. Well I am not going to report that as income. Do you think that they would understand? Then you get an audit and you tell them that you did your taxes the same way the government does the unemployment rate by not reporting all of the unemployed to get the rate to a lower level.

Given up looking for work, how do these bureaucrats know that? Do these brilliant over-educated government workers now consider "welfare" as "employment"?
 

okfarmer

Well-known member
I am tired of all of this fraud. How would the federal government react if you applied the same logic to your income tax. Well I am not going to report that as income. Do you think that they would understand? Then you get an audit and you tell them that you did your taxes the same way the government does the unemployment rate by not reporting all of the unemployed to get the rate to a lower level.

Given up looking for work, how do these bureaucrats know that? Do these brilliant over-educated government workers now consider "welfare" as "employment"?

Good plan. I didn't turn mine in yet. Procrastination can pay off. :D
 

Tam

Well-known member
okfarmer said:
I am tired of all of this fraud. How would the federal government react if you applied the same logic to your income tax. Well I am not going to report that as income. Do you think that they would understand? Then you get an audit and you tell them that you did your taxes the same way the government does the unemployment rate by not reporting all of the unemployed to get the rate to a lower level.

Given up looking for work, how do these bureaucrats know that? Do these brilliant over-educated government workers now consider "welfare" as "employment"?

Good plan. I didn't turn mine in yet. Procrastination can pay off. :D

tsk tsk okfarmer remember you live in the country where the party of DO AS I SAY NOT AS I DO rule. :wink:
 

lonewolvie

Well-known member
Made with US and Mexican products, packaged in Mexico, this was on a package of Easter confetti. Confetti is what, shredded paper and we can't make that here? This one on another product: Designed in USA, made in China.

Can politicians understand that too much government costs the USA jobs?
 

Tam

Well-known member
lonewolvie said:
Made with US and Mexican products, packaged in Mexico, this was on a package of Easter confetti. Confetti is what, shredded paper and we can't make that here? This one on another product: Designed in USA, made in China.

Can politicians understand that too much government costs the USA jobs?

Politicians only understand one thing and that is how to insure their jobs.

I was asked by a politician one time what she and her party The NDP (New Democratic Party) could do for ranchers after we were hit by BSE. She wanted to know what kind of government program would help us the most?

I looked her right in the eye and politely told her that if she really wanted to help ranchers, she and her party would stop taxing us so she and her party had the money to run a program to give back our money. I told her I felt if the money was left in our pockets it would do us more good than any program she could come up with. I had to explain to her that if our trading partners saw her and her party giving us program money it would be considered a subsidy and we didn't want or need that problem.

Then I ask her why politicians seem to think they knew how to spend our money better than we did? She like most big government supporters couldn't come up with an acceptable answer.

We had a nice chat but when I left her office I never figured she would ever want to speak to me again since I did not hide the fact I did not support her party and never would. But to my surprise she actually contacted me to ask a few more questions about ranching issues. What was scary was she was a veteran member of the Sask Government and the opposition critic for the Ministry of Ag. She had no clue that subsidies/program money would be a problem with our trading partners. :roll:
 
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