[kj] Latest Blog Post from Youth:

[sade1]

> That's certainly not the official government statistic, 


   See red line on graph at the mid-2007 position
   for Official jobless rate: http://www.shadowstats.com/imgs/sgs-emp.gif?nov09


> ..or even the U-6 [official gov. stat.]...

  
   My'bad, I didn't mean to imply it was, because it sure isn't.


> Unemployment is always usually higher than the official statistics. But 

> the idea that the sun set and darkness in one month in January of last 

> year is laughable. 


  How is what laughable? 
  I can't make out from that [the above snippets] point on if what you wrote was somehow 
  a reply, or you moving on in an additional direction?


> ..amnesia..

   'Ssplain, bitte.


> Amazing!

  
   Ditto

Maybe I just missed something, there.

 ~~ S



> Date: Wed, 10 Mar 2010 14:35:47 -0600

> From: bigblackhair at sbcglobal.net

> To: gathering at misera.net

> Subject: Re: [kj] Latest Blog Post from Youth:

> 

> That's certainly not the official government statistic, or even the U-6 

> (I think that's what it's called) which counts the UNDER-employed etc as 

> "jobless." Bu who can trust the govt., right? better to trust private 

> industry standards.

> 

> Having said that, I find it amusing that people have an amnesia that 

> conveniently began on January 20, 2009, or so. Many people suddenly 

> found their inner Libertarian on that day. Amazing!

> 

> Unemployment is always usually higher than the official statistics. But 

> the idea that the sun set and darkness in one month in January of last 

> year is laughable. This has been a creping catastrophe that, yes, 

> whether your favorite Republican/Libertarian talking points like it or 

> not, did not start and/or end with Obama the 

> NAZI/FASCIST/HIPPIE/SOCIALIST/DICTATOR/KENYAN/MUSLIM. It's a structural 

> deficiency in our under-regulated, capitalist run economy. Most 

> politicians in DC are lieutenants of the business community (i.e. bosses 

> and employers). Obama DID inherit two wars and a pathetic economy on the 

> brink of implosion, whether one likes it or not.

> 

> The criticism one can have is: Has Obama done too much -- or too little? 

> The right says he has done *too much*! ("Government takeovers," blah 

> blah blah). He needs to sit on his hands, as FDR should have done during 

> the Great Depression, reading the Greek classics in the Oval Office, 

> letting the markets play themselves out and work out their own kinks, 

> consequences be damned.

> 

> Yet -- Obama was elected for a reason, which was not to be an absentee 

> president, but to play a pro-active role in government to address these 

> pressing, serious issues. He has actually failed on this account by 

> being TOO beholden to industry, capitalist prerogatives, bankers' whims. 

> etc. The current US economic climate is not because he hasn't been 

> friendly enough to business. That is just Loony Tunes land, if you 

> believe that sort of FOX News conspiranoid bullshit. He has been too 

> craven in the face of private, capitalist power.

> 

> Again: Obama, if anything, has been TOO craven to the whim of private 

> business power - has not taken them on enough - unlike FDR, who had 

> absolutely no p[roblem pissing off the right people and thus getting 

> elected to 4 terms. Oh, and FDR also defeated fascism, while he was it. 

> Republicans hate this. Obama is too beholden to private corporate 

> interests and he needs to grow a pair and tell them to fuck off.

> 

> -Oliver

> 

> 

> sade1 wrote:

> > The U.S. jobless rate is now about 22% (the pre-Crash-of-2007 official 

> > rate was 4.5%),

> > but,

> > household incomes: 

> > http://www.huffingtonpost.com/2010/02/10/no-labor-market-recession_n_456797.html

> > $150K or more, now just *3.2%* jobless

> > $100-150K, it is now at 4%,

> > $0.00 - 12,500, it is now _/30.8%!/_

> > the lowest 10% of homes are 50% jobless,

> > 2nd lowest 10% of homes are 30% jobless,

> >

> > Also, "families with a net worth of at least $1 million, /_excluding 

> > primary residences_/, *rose *to 7.8 million in 2009," an increase of 

> > *16 percent*...from 6.7 million a year earlier, according to a survey 

> > of high- net-worth U.S. households conducted by Spectrem Group"

> > http://www.truthout.org/number-millionaires-us-increased-16-percent-200957531

> > 

> > Where do I sign up?

> >

> 

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