Unemployment Rate Down As Americans Give Up On Work

[Karee 4,191]

The labor force participation rate is in decline. It has been in decline and will continue to be in decline for some time to come. We call them the baby boomers.

That issue was dealt with rather comprehensively a few months ago when I demonstrated that the majority of the decline is due to demographics. That holds as true today as it did back in December.

I'm somewhat surprised you linked to that thread. That was pages and pages of you bobbing and weaving and distorting facts to suit your argument, which in my opinion you failed miserably at doing. It might help your credibility if you could admit that Obama takes some blame for the current employment situation, rather than blaming it all on Bush. I know that's a bit like asking Fox News to run a positive story on Obama, but hey, stranger things have happened.

[UncleBeer 244]

I'm somewhat surprised you linked to that thread. That was pages and pages of you bobbing and weaving and distorting facts to suit your argument, which in my opinion you failed miserably at doing. It might help your credibility if you could admit that Obama takes some blame for the current employment situation, rather than blaming it all on Bush.

I noticed that as well, skimming that thread; didn't really go his way, eh? I was gonna mention it, but didn't want him to go all Supah-Troll, as he has in the past.

[Mr. Big Dog 10,747]

I'm somewhat surprised you linked to that thread. That was pages and pages of you bobbing and weaving and distorting facts to suit your argument, which in my opinion you failed miserably at doing. It might help your credibility if you could admit that Obama takes some blame for the current employment situation, rather than blaming it all on Bush. I know that's a bit like asking Fox News to run a positive story on Obama, but hey, stranger things have happened.

There were no facts distorted. The workforce participation rate of the 55+ crowd is significantly lower than that of the 25-54 year olds. Always has been, always will be. And the demographics have shifted towards that 55+ segment at the expense of the 25-54 crowd. And that trend will continue for some time as the baby boomers move into and through retirement. Plain and simple. That has nothing to with Bush, nothing to do with Obama and nothing to do with the state of the economy. It's demographics. That's all it is.

[LibCampFireClub 635]

From our Motivator in Chief.....

[UncleBeer 244]

One of his unscripted moments, when he let his true feelings slip out. Oops!

[novedsac 355]

Let's look at workforce participation. This chart shows that more than 41 percent of all working age Americans do not have a job.:

So what.

Some people of 'working age' don't want or need a job.

[UncleBeer 244]

So what.

Some people of 'working age' don't want or need a job.

In this preznit's economy? I'd say that's a negligible figure. I'd be curious to see a credible statistic documenting the percentage of folks either so rich that a source of income isn't a concern (aka: "evil fat-cat 1%ers" according to preznit "class warfare"), or those who apparently can live off nothing more than "hope & change", having no interest in mundane trivialities such as "food" and "shelter", so therefore free to "not want a job", without any consequence (hmmm: maybe they're 'Occupy' people, living in public parks and eating out of trash cans?). Do you happen to have such stats? Please share!

[Jacque67 7,328]

As if you care!

[UncleBeer 244]

As if you care!

That the preznit is destroying the economy? Of course I care. The only point worthy of rumination is whether he's doing it because he's an arrogant fool with no knowledge of real-world economics, or because he's a knave, out to wreak havoc on a country he's never cared much about.

I go with "knave".

[Jacque67 7,328]

Whatever.

[LibCampFireClub 635]

novedsac, on 04 May 2014 - 6:16 PM, said:

So what.

Some people of 'working age' don't want or need a job.

In this preznit's economy? I'd say that's a negligible figure. I'd be curious to see a credible statistic documenting the percentage of folks either so rich that a source of income isn't a concern (aka: "evil fat-cat 1%ers" according to preznit "class warfare"), or those who apparently can live off nothing more than "hope & change", having no interest in mundane trivialities such as "food" and "shelter", so therefore free to "not want a job", without any consequence (hmmm: maybe they're 'Occupy' people, living in public parks and eating out of trash cans?). Do you happen to have such stats? Please share!

[Jacque67 7,328]

What percentage of the 41% are white American males, and in which states is the heinous figure concentrated btw?

[GandD 5,966]

That the preznit is destroying the economy? Of course I care. The only point worthy of rumination is whether he's doing it because he's an arrogant fool with no knowledge of real-world economics, or because he's a knave, out to wreak havoc on a country he's never cared much about.

I go with "knave".

Of course.

[Mr. Big Dog 10,747]

Of course.

It's his ODS talking.

[novedsac 355]

In this preznit's economy? I'd say that's a negligible figure. I'd be curious to see a credible statistic documenting the percentage of folks either so rich that a source of income isn't a concern (aka: "evil fat-cat 1%ers" according to preznit "class warfare"), or those who apparently can live off nothing more than "hope & change", having no interest in mundane trivialities such as "food" and "shelter", so therefore free to "not want a job", without any consequence (hmmm: maybe they're 'Occupy' people, living in public parks and eating out of trash cans?). Do you happen to have such stats? Please share!

Well, just in my neighborhood the immediate 18 families around mine - only two are double income couples; 14 choose to have one parent at home to care for the children full time, 1 is a single parent who works, and 1 where the non-working spouse is disabled and cannot work. I guess he is represented in that 41% BS as well.

I've two nephews in graduate school ... they don't work yet, though they are of working age.

I've friends who decided not to have children and have retired at 51/50yo - they live happily in a cabin in northern Maine, don't work and I'm willing to bet have never developed your taste for trash can quisine.

One doesn't have to be 'rich' in order to live frugally and live well. Many people live happy and adequate lives on a single income. I certainly do.

The only negligible figure seems to be those that share your opinion.

Edited May 5, 2014 by novedsac