Friday, December 2, 2011

8.6% Unemployment: The Good, the Bad, and the Mysterious in the Jobs Report

[mEDITate-OR:
think that Johnnie Mathis should sing U.S....
"The Twelfth of Never."
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Would be 11% only if you still keep using U-3.

If, however, you use U-6, we are..., still, at over 20% un and under employed.

Tis very ugly. No matter how you look at it.

The average corporate board member is now "earning" each year, about what the average worker has earned in the last decade.

The average corporate CEO is now "earning" each year, about what the average worked will earn over their lifetimes.
(Well, tis actually much larger than that, but whose counting?)

In 1984 we learned that all the "pigs" - men? - are equal..., but some are more equal than others.

Which is why it is absolutely necessary for U.S. to keep the very highest tax rates and the "capital" gains rates the same, or better yet to lower them!
{Well, tis for those who benefit the most from them, R candidates raising the money they need to run for re-election!)
[What IS the real money ROI on that political postition?]

Which is also why it is absolutely necessary for the rest of U.S. to try, as best we can, to fully understand, and stop criticizing those who are, clearly, much better than we are:)
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http://product.datastream.com/economics/gateway.aspx?guid=23068abf-b1c0-421d-9450-40581d19451f&chartname=US%20employment%20to%20population%20ratio&groupname=Employment&date=20111202&owner=ZRTN179&action=REFRESH
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Screen Shot 2011-12-02 at 10.02.56 AM.png
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8.6% Unemployment:
The Good, the Bad, and the Mysterious in the Jobs Report
http://www.theatlantic.com/business/archive/2011/12/86-unemployment-the-good-the-bad-and-the-mysterious-in-the-jobs-report/249394/
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