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Bang the Socialism Drum Loudly

jayz1943 Wrote: May 05, 2012 6:40 AM
“Jimmy Carter” Obama: "This morning we learned that our private sector created 130,000 jobs in April, and the unemployment rate ticked down" to 8.1%. It is a "good news" trend." NEWSFLASH TO JIMMY OBAMA: jobs creation was only 115,000 and our economy SUCKS! “14.5 percent” -- U.S. unemployment rate in April including those who have given up looking for work, according to the Bureau of Labor Statistics. ineptocracy — a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
Arley2 Wrote: May 05, 2012 2:17 PM
The 8.1% number is the one most commonly broadcast by the Labor Dept, and the one you see in the newspaper most often. It's the "U - 3" number. They also publish the "U - 6" number which is nearly twice the U-3. The latest U-3 = *.1%........the latest U-6 = 14.5%

The U-6 number includes people who are "underemployed" as for example people who are looking for full time work but are temporarily working a few hours a week...........somewhere. U-6 is, to my mind, the more accurate picture of what's happening.
Arley2 Wrote: May 05, 2012 2:19 PM
correction. Should read, ". . . latest U-3 =8.1%
jayz1943 Wrote: May 05, 2012 6:41 AM
“Democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
– Thomas Jefferson

This is the way the world ends
Not with a bang but with a whimper
-T.S. Eliot, 1925

I'm not sure how the world will end, but more and more, it looks like the America I was born in could indeed end in a self-induced whimper. The last breath of greatness was forced out of our lifeless body after heading down a path that was always ridiculous but for some reason gathered the adulation of people too young to know better and too old to care anymore.

Of course I'm looking ahead to a possible end of the road that would begin with...

Related Tags: Socialism