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These numbers tell an unsettling story about the U.S. economy From Global Economic Policy Journal: In the last 5 years: • The Civilian Institutional Population rose 9.9 Million • The Labor Force rose 0.9 Million • Those Not in the Labor Force rose 9.8 Million • Employment fell by 2.3 Million • Full-Time Employment fell by 5.3 Million • Part-Time Employment rose by 0.9 Million • Unemployment rose by 4.5 Million • Food Stamp usage rose by 20.3 Million
Non-Workers to Workers Let’s consider the ratio of workers to non-workers. [...] From All Star Charts: The relative strength we’ve seen in the Dow Jones Transportation Average has been awfully impressive. And not just recently, but actually going back to the year 2000. While the Dow Jones Industrial Average is up less than 30% from those early 2000 lows, the Trannies are up over 120% during the same time period. … On Thursday, as U.S. equities were staging a comeback after lunch, the Dow [...] The number of young people unemployed for more than a year has increased almost nine-fold over the past decade, according to a new study. The TUC said the number of 18 to 24-year-olds out of work had soared by 874%, from 6,260 to 60,955 since 2000, going up by 264% in the last year alone. Long-term unemployment across all age groups increased by 50%. The study, ahead of new unemployment figures on Tuesday, [...] Talking about solutions that can work Peak everything It is not only peak government but peak everything. You can go to the countryside and buy guns to defend yourself but if hungry masses leave the cities they will also get their hands on guns. You will be overrun so this is not a solution. There is a solution that can work fast and a disaster can be averted. First of all you [...] NEW YORK (Bullion Bulls Canada) — In writing about the relentless collapse of Western economies, I frequently point to “40 years of plummeting wages” for Western workers, in real dollars. However, where I have been remiss is in quantifying the magnitude of this collapse in Western wages. On several occasions, I have glibly referred to how it now takes two spouses working to equal the wages of a one-income family of [...] Commenting on the wealth extraction of empires, Michael Parenti elucidates what America really is – an Empire – and what an empire is all about: Imperialism. What Do Empires Do? by Michael Parenti When I wrote my book Against Empire in 1995, as might be expected, some of my U.S. compatriots thought it was wrong of me to call the United States an empire. It was widely believed that U.S. rulers did not pursue empire; [...] Number of students in 2000: 15,312 (in thousands) Average Tuition: $10,818 per year Number of students in 2009: 20,427 (in thousands) Average Tuition: $17,633 per year
Student Increase: 33% Tuition Increase: 63%
Number of colleges in 2000: 6,479 Number of colleges in 2009: 6,632 Increase: 2.3%
College teachers in 2000: ~1,113,000 - included grad students who teach College teachers in 2009: ~1,439,000 - included grad students who teach Increase: 29%
The number of students and the rate of [...] by Joe Weisenthal Cool chart here from Doug Short, looking at inflation since the year 2000. We have no conclusions to draw from it. It’s just good information to know. Click to enlarge #1 Only 55.3% of Americans between the ages of 18 and 29 were employed last year. That was the lowest level that we have seen since World War II. #2 Today, there are 5.9 million Americans between the ages of 25 and 34 that are living with their parents. #3 The economic downturn has been particularly tough on men. According to Census data, men are twice as likely to live with [...] The Economic Collapse America is getting poorer. The U.S. government has just released a bunch of new statistics about poverty in America, and once again this year the news is not good. According to a special report from the U.S. Census Bureau, 46.2 million Americans are now living in poverty. The number of those living in poverty in America has grown by 2.6 million in just [...] Those that are familiar with my writings about gold and silver for the last six years know that I have said gold was cheap at $500, $600, $700, $800, $1000 and $1,200 a troy ounce and know that I have said silver was cheap at $11, $12, $14, $16, $25, and $30 a troy ounce. Today, I will reiterate that gold is still cheap in the [...] From Mort Zuckerman, originally posted in Forbes Why the Jobs Situation Is Worse Than It Looks The Great Recession has now earned the dubious right of being compared to the Great Depression. In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the year 2000. From the moment [...] The Great Recession has now earned the dubious right of being compared to the Great Depression. In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the year 2000. From the moment the Obama administration came into office, there have been no net increases [...] From Peter Tchir of TF Market Advisors What Does It Mean If Greece CDS Is Trading At 2000 bps? In the past few days reporters from Bloomberg, Reuters, and the FT have all basically said the spread is a per annum fee to insure against Greek default. That is not actually correct. If someone buys 10 million of 5 year Greek CDS at 2000 they do NOT pay [...] A total lunar eclipse will occur in the morning on 16 June (Thursday) and will be visible in Hong Kong if the weather is fine. Scientific Officer of the Hong Kong Observatory, Mr Woo Wang-chun, said, “By the time the moon rises that afternoon, the eclipse will have started. The only part of the eclipse that will be visible in Hong Kong occurs when the moon is about [...] by elfish 83% of all U.S. stocks are in the hands of 1% of the people. • 83% of all U.S. stocks are in the hands of 1% of the people. • 83% of all U.S. stocks are in the hands of 1% of the people. by Jeffrey Dow Jones, SA One of our predictions for 2011 was that gold was in a bubble. After stirring the peak oil pot here on Seeking Alpha, I’m not sure I want to kick another hornet’s next. But, whatever: gold is in a bubble right now. I can hear all you gold bulls getting ready to fire off an angry e-mail right now, but hold on a second before you do. Today, [...] by TK In actuality ALL the underlying ACTUAL numbers that can’t lie about show the opposite happening. Take a look at the annual numbers of receipts into the FICA and FICAMED programs, the trend is what is ACTUALLY happening to jobs: Year ….. FICA Year ….. FICAMED by James Its been decades since we’ve had a government of, by, and for the people. And since that phrase from the Declaration of Independence served as a charter for the Constitution, I would submit that the people of this country are no longer obligated to recognize the current government as legitimate. If you agree, pass this along. 83 percent of all U.S. stocks are in the hands of 1 percent of [...] by black swan Ben Bernanke can drive the stock market up much farther than we can imagine, if he just continues to debase the US dollar. He will, of course, continue to debase the USD. Remember, unlike what we are told by our stock brokers, rising Wall Street stock prices do not necessarily equate a stronger Main Street economy. Zimbabwe had experienced an almost total disintegration of its economy. Its GDP fell [...] by Michael • 83 percent of all U.S. stocks are in the hands of 1 percent of the people. by Lisa 3 percent of all U.S. stocks are in the hands of 1 percent of the people. by AndyInGeorgia No wonder why job growth is so slow. We have been brainwashed for too long by politicians, lobbyists and some large corporations. We need to revert back to managed trade that puts our interests first. Here are the statistics to prove it: • 83 percent of all U.S. stocks are in the hands of 1 percent of the people. by Jess 3 percent of all U.S. stocks are in the hands of 1 percent of the people. |
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