5 Year Recovery Watch Remains On High Alert

10 Replies to “5 Year Recovery Watch Remains On High Alert”

1. Take heart. All of those unemployed can read articles like this one to cheer them up:
   Canada Has Death Panels – And that’s a good thing.
   http://www.slate.com/articles/news_and_politics/jurisprudence/2013/10/canada_has_death_panels_and_that_s_a_good_thing.html
   The U.S. apparently needs more Canada, especially Death Panels.

2. Like the IPCC, stats are whatever you want them to be. The real numbers are in the shadows.
   http://www.shadowstats.com/imgs/sgs-emp.gif?hl=ad&t=1382448013
   The real story just never sounds as good when you’re reading from a teleprompter.
   http://www.shadowstats.com/alternate_data/unemployment-charts

3. Here’s a fair analogy of where the USA is at today.
   http://d3gbcblfj930tw.cloudfront.net/images/406338/original/100.jpg

4. I think the food stamp riots when the SNAP EBC system went down is an indicator that the US has been in a depression since the housing bubble burst – the only thing that doesn’t make it as visible as the great depression was is the fact they print money to keep these lush social programs going – food stamps, housing subsidy etc. If there was no fiat money printing to support an enormous social safety net (as was the case in the great depression)we would see riots because welfare zombies (140 million of them) reject basic reliefe for lush entitlement. Food stamps and other living subsidies have essentially buried the true effect of the current depression

5. It’s much worse than that when you consider that massive amounts
   of fiat money were also expended to avoid laying off govt union
   members of the Obamanation at all levels of government. Plus the
   trillions that foreign banks got when compensated for their no
   lose buys of mortgage bubble crap.

6. “If there was no fiat money printing to support an enormous social safety net (as was the case in the great depression)”
   You really should read New Deal or Raw Deal by Burton Folsom Jr.
   It may change some of the things that you think you know about the Great Depression.
   http://www.amazon.com/New-Deal-Raw-Economic-Damaged/dp/1416592229
   Like FDR before him, Obama is hobbling the recovery with many of the same policies and creating unemployment by burdening small business with taxes.

7. Excellent news. You have found Mikey Mann’s hockey stick that was disappeared from the IPCC.
   His Team has been losing badly since he lost his schtick, I mean stick.

8. And at the end of the 40+ weeks, the majority are not finding a job but going on disability. After a while your skill set deteriates so much, you have to retrain. Should you go back to school or claim your back is out and you can’t work?

9. I didn’t go any deeper than the graph, but WTF? It’s 3 years out of date; what? they don’t have quarterly stats to compile?

10. The graduations on the X axis are in decades.
    Where unemployment starts to dip after 2010 is where the definition of ‘unemployed’ was changed, again.