l****z
发帖数: 29846 | 1 Obamanomics In Action: Worst “Recovery” since the Great Depression
January 13, 2012 Posted by Rodney Graves
Unlike much of Europe, the working age population of the United States is
not contracting. Our actual work force, as in those actively working and
looking for work, is another matter…
Nearly 1 Million Workers Vanished Under Obama
By John Merline INVESTOR’S BUSINESS DAILY
…
In the 30 months since the recession officially ended, nearly 1 million
people have dropped out of the labor force — they aren’t working, and they
aren’t looking — according to data from Labor’s Bureau of Labor
Statistics. In the past two months, the labor force shrank by 170,000.
This is virtually unprecedented in past economic recoveries, at least
since the BLS has kept detailed records. In the past nine recoveries, the
labor force had climbed an average 3.5 million by this point, according to
an IBD analysis of the BLS data.
“Given weak job prospects, many would-be workers dropped out of (or
never entered) the labor force,” noted Heidi Shierholz of the Economic
Policy Institute in her analysis of the BLS jobs report issued last Friday.
“That reduces the measured unemployment rate but does not represent real
improvement.”
According to the BLS, the “labor force participation rate” — the
ratio of the number of people either working or looking for work compared
with the entire working-age population — is now 64%, down from 65.7% when
the recession ended in June 2009. That’s the lowest level since women began
entering the workforce in far greater numbers several decades ago.
Yes, you read that right; less than 2/3rds of the working age population are
actually working or looking for work, and that percentage has only gotten
worse since the “recovery” began.
Time for a change in management. | S*********n
发帖数: 4050 | 2 Fake economist.
Housing bubble brewed for 2 decades and derivatives frenzy by major
financial institutions lasted almost as long. All this happened under the
waves after waves of deregulation.
Jobs were created under bubble.
You blamed all that on O.B.? | S*********n
发帖数: 4050 | 3 Fake economist.
Housing bubble brewed for 2 decades and derivatives frenzy by major
financial institutions lasted almost as long. All this happened under the
waves after waves of deregulation.
Jobs were created under bubble.
You blamed all that on O.B.? | T**********1
发帖数: 2406 | 4 Housing bubble is co-created by the FED, and two party congress.
Fiat money leads to bubbles and bursts, inevitable.
【在 S*********n 的大作中提到】
: Fake economist.
: Housing bubble brewed for 2 decades and derivatives frenzy by major
: financial institutions lasted almost as long. All this happened under the
: waves after waves of deregulation.
: Jobs were created under bubble.
: You blamed all that on O.B.?
| y****t
发帖数: 10233 | 5 watch my signature video.
your questions, a.k.a talking points are all addressed.
【在 S*********n 的大作中提到】
: Fake economist.
: Housing bubble brewed for 2 decades and derivatives frenzy by major
: financial institutions lasted almost as long. All this happened under the
: waves after waves of deregulation.
: Jobs were created under bubble.
: You blamed all that on O.B.?
| S*********n
发帖数: 4050 | 6 Your video is one-sided story. Housing market accounts for only 4% of US
economy.
Even if you blame all the housing market collapse to democrats (I don't
think you can. Government forcing banks to lend? Are you kidding me?), it
doesn't explain why collapse of 4% caused the entire economy to collapse.
What did you miss in your little story?
Think harder.
【在 y****t 的大作中提到】
: watch my signature video.
: your questions, a.k.a talking points are all addressed.
| y****t
发帖数: 10233 | 7 because it is not 5% of econmony.
housing alone maybe only 5%, but housing service is 13% more, adds up almost
20%.
http://www.nahb.org/generic.aspx?genericContentID=66226
but dont forget when housing collapsed, it dragged down the finacial system,
and you can come back and tell us what percentage is that which will make
your arguments even more laughable.
【在 S*********n 的大作中提到】
: Your video is one-sided story. Housing market accounts for only 4% of US
: economy.
: Even if you blame all the housing market collapse to democrats (I don't
: think you can. Government forcing banks to lend? Are you kidding me?), it
: doesn't explain why collapse of 4% caused the entire economy to collapse.
: What did you miss in your little story?
: Think harder.
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