Constitution Party Discussion Forum

The Unemployment Game Show: Are You *Really* Unemployed?

I saw an old man walk into a quick stop today with his tennis shoes falling apart. It had been raining so his feet were wet so he decided to get out of the rain and dry off for awhile. He was wearing a button that read "Proud American veteran". He spends his day collecting aluminum cans along the side of the road trying to make a little money.

According to many, this man is fully employed.

The statistics also neglect counting people like myself, millions of us, who are self employed, and not eligible for unemployment, even though our business is off up to 80% and we are barely making it by.

(12-15-2009 03:59 PM)OldOwl Wrote: [ -> ]The statistics also neglect counting people like myself, millions of us, who are self employed, and not eligible for unemployment, even though our business is off up to 80% and we are barely making it by.

There are so many that don't into a category so they slip through the cracks.

When there was so much controversy over copyright profits, we had all these millionaire singers/songwriters were suing Napster. I said that before there were recordings, you had to hire musicians to play it live. Recordings (records and later CD's) put a generation of musicians out of work. Did they get to sue the record companies? No! But here was a profession that was replaced by the record player. So a large sector of working musicians were replaced with either millionaires or street musicians wannabees. The same amount of money was there to be made, but most of it was funneled into the hands of the recording artist and the record label.

So there are those who slip through the cracks and sometime that profession is lost forever. I know how to operate a crane like device called a shovel (steam shovel) but that machine was replaced by a front end loader. What good is knowing how to adjust every swing hoist and boom clutch on a 1933 Northwest 105? How does a person get used to being transparent?

I can appreciate your position.

Plug.....

That was a funny video!

(02-23-2010 03:48 PM)Jemdude Wrote: [ -> ]That was a funny video!

I avoided it. You never know what you might see!

They wouldn't want the true numbers out of the unemployed otherwise the sheeple might panic.

Right now U6 unemployment data has dropped from 17% to 16%, and our U3 statistic has dropped from 10% to 9.7%.(during the GD U6 was 35% while today it is 16%).

Both of these statistics are meaningless until they are released,but a better estimate is U1 unemployment. This is because the figure can tell us when employers start hiring again, and when the rate of lay offs have started to decline. This report is released every thursday, and is probably the most important job statistic to analyze during a recession. This is a basic economic technique that is probably taught in a few basic Macro-economic classes.

(02-24-2010 09:14 PM)hoffmanjohn Wrote: [ -> ]This is a basic economic technique that is probably taught in a few basic Macro-economic classes.

Every recent example of calculating unemployment seem to pad the numbers. If we did have real unemployment numbers I doubt the government would release it or the media would report it. This is keeping Americans in the dark and under control.

If it is taught in academia there is likely an agenda behind it.