Obama bin Biden on Jobs
The April NFP jobs numbers were awful. BLS said 244,000 jobs were created but 175,000 were birth/death seasonal adjustments, 62,000 were Ronald McDonald work leaving a whopping 7,000 jobs created nationwide in a month.
In February, Obama bin Biden promised 100,000 new jobs in March and 250,000-500,000 jobs a month thereafter. But no-one is creating jobs, they're creating work because jobs would be full-time affairs that can provide for a place to live, food, transportation and some consumer items. McDonalds work don't count as a job.
The US economy no longer generates full-time jobs that pay living wages, only part-time work that mostly requires food stamps to survive. People that want a job now are at records of 6.48 million. Labor force participation is at 25 year lows of 64%.
And if you're lucky enough to find a job, you'll make $30,000 a year on average in this Depression economy, which is $14.43 per hour. And that's not entry level, that's 45 year old guys with skills and experience previously making over $60,000 a year. Try putting a roof over the head of a family and food on the table at that pay.
High gasoline and food prices have sucked the wind out of ChairSatan Bernanke's printed QE2 recovery. The elites ran up prices using the printed dollars to engorge their throbbing wealth. Fuck the peons. They can die...or whatever.
In February, Obama bin Biden promised 100,000 new jobs in March and 250,000-500,000 jobs a month thereafter. But no-one is creating jobs, they're creating work because jobs would be full-time affairs that can provide for a place to live, food, transportation and some consumer items. McDonalds work don't count as a job.
The US economy no longer generates full-time jobs that pay living wages, only part-time work that mostly requires food stamps to survive. People that want a job now are at records of 6.48 million. Labor force participation is at 25 year lows of 64%.
And if you're lucky enough to find a job, you'll make $30,000 a year on average in this Depression economy, which is $14.43 per hour. And that's not entry level, that's 45 year old guys with skills and experience previously making over $60,000 a year. Try putting a roof over the head of a family and food on the table at that pay.
High gasoline and food prices have sucked the wind out of ChairSatan Bernanke's printed QE2 recovery. The elites ran up prices using the printed dollars to engorge their throbbing wealth. Fuck the peons. They can die...or whatever.
posted by lugh lampfhota at 9:54 PM
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