Wednesday, March 19, 2014

Check out the numbers ...





 
The “American Dream” is a myth. You will almost certainly be born, grow up, and die, in the same economic grouping in which you were born.


4 comments:

Anonymous said...

FWIW, the Richmond Virginia area has been quite comfortable and stable economically for decades, between big pharmacy, bank, tobacco and chemical industries located and headquarterd here, and thousands of small business that kept things humming.
Tobacco,pharmacy and chemical have all been attacked by the Feds, and they are but a shadow of their former selves. Hundreds of small businesses have gone under in the past five years, one a friend of mine whose family started it before 1900.
I've been living in our solid middle class town nearby for more than 30 years, and in the past year, for the first time during my living in this community, there are at least five street beggars who appear regularly on five different corners. They all look to be 40-50-ish, not the old wino types. In our local shoppng center, 25% of the stores have been empty for 2-3 years now.
Food inflation is only "5%"*spit* because package size and content have become smaller.
Some recovery. It's all Bush's fault.
Buck Ofama and the Dems.
Lt. Col. Gen. Tailgunner dick

Steve in Greensboro said...

Civilian employment-population ratio (EMRATIO) (source: US DoL BLS)

Before (March 2008): 62.7%
During (March 2010): 58.5%
After (February 2014): 58.3%

This means roughly 10 million fewer people are employed today than pre-Obama.

And the recent trend is not good either.

Obama and the Democrat party have managed to prevent the most dynamic economy in the world from recovering from the 2007-08 recession. Quite an accomplishment.

And of course that was intentional. In order to get a free people to accept the total state, you have to deprive them of hope.

Anonymous said...

There is also the trend of a company that used to have 100 employees working 40 hours a week going to 120 employees working 20 hours a week. The administration would tout that as 20 new jobs yet it is a net loss of 1600 man hours and a severe contraction of business.
GrinfilledCelt

Merrily said...

Ammo!! Thank you!

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