Friday, May 04, 2012

Sadder and Madder Every Day


It does get sadder every day. 88,419,999 americans aren't in the labor force. Yeah 88.4 million! That's a record that has never been set in a post recession recovery. The US economy needs to create 90,000 jobs every month just to keep even with population growth. That doesn't include the jobs needed to imply recovery from the iDepression. That ain't happening. So real U3 unemployment is 11.6% no matter what the lying bastard in the White House and his lying lame stream media says.

Meanwhile many of us are earning 1995 wages with it's 51% year-over-year inflation over those 17 years. Needless to say, we're not spending. So GDP is significantly lower as we tighten our belts and only buy what we absolutely need.

In other news, one million americans applied for disability so far in 2012 since they couldn't find work. None of those americans will ever come back in the workforce ever again. Five million workers have joined the ranks of the disabled since Obama took over. Add spouses and dependents, we could double of triple that number that now count on government debt to survive. And...most of those americans would have worked if they could, rather than hang out on welfare for their entire life.

Just sadder every day. And I get madder every day.

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