It wasn't me. You can't prove anything.


2011-08-08

The numbers

58.1% of American adults have employment. Some of that 41.9% of the not employed are retired. Some have no intention of seeking legitimate employment. Some are full time parents. Some are content living at home for the duration. Some may be students. Some may be criminals and work harder than a real job for less money. Some may already be incarcerated. Some are just rich enough to not work.

More people were working in June than July by 38,000. The labor Department reported that the unemployment number dropped because that many people gave up on looking for a job. (begin sarcasm) Yay!!! Thank God those people are not gumming up the economy and making the numbers look so bad any more. What a windfall. (end sarcasm)

15 billion a month go out to unemployment payments.

The unemployment numbers are more like 16% when you count people who have given up and people who are underemployed. The way we used to measure unemployment, the numbers are closer to 22% unemployment. This is nearly as bad as it got during the great depression.

The president threw a party this past weekend. He says he wants to move quickly on job growth. He will probably start moving quickly when congress gets back in three or so weeks. That just doesn't sound "quick" to me.

He is planning on another stimulus. A stimulus is money to and for temporary things that will be gone soon. If the pours that be actually built something, they, the politicians, would have to take responsibility for it. If they, the politicians, fix a problem, they do not have that problem any more to use to get elected.

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