Impossible! The deficit is falling as well as unemployment Obama wrecking economy

[tokeprep]

A grand total of 12% of the workforce was comprised of women or children in 1913. Not exactly a big number.

70% of households are 2 or more earner in today's world.

How do you figure 12%? See page 2 of this article: http://www.bls.gov/opub/mlr/1988/02/art3full.pdf. It says 6% of the labor force was made up of children and that 25% of women of adult women worked. There's no way you can get 12% off of that, but perhaps you have other data.

70% of households are two or more earners, but how many hours does an average household actually work? 20% of workers only work part time.

70% of 320 Million is a shit ton more than 12% of 98 Million.

Overstating the effect?

If you calculate it like that, definitely. Why are you multiplying the percentage of two worker households by the number of people in each period?

 

[Harrekin]

How do you figure 12%? See page 2 of this article: http://www.bls.gov/opub/mlr/1988/02/art3full.pdf. It says 6% of the labor force was made up of children and that 25% of women of adult women worked. There's no way you can get 12% off of that, but perhaps you have other data.

70% of households are two or more earners, but how many hours does an average household actually work? 20% of workers only work part time.



If you calculate it like that, definitely. Why are you multiplying the percentage of two worker households by the number of people in each period?

To show overwhelmingly that people could live on one salary before but couldn't afford milk on one salary now.

For a guy with such tasty sentence structure, you sure like having things spelled out for you

 

[tokeprep]

To show overwhelmingly that people could live on one salary before but couldn't afford milk on one salary now.

For a guy with such tasty sentence structure, you sure like having things spelled out for you

The absolute numbers aren't what you're trying to compare, and there's still no adjustment for part time work.

 

[aknight3]

i dont care what anyone says or is saying, unemployment is NOT going down, i meet more and more people everyday with no jobs and hurting for money, sorry, dont buy the bullshit.



if your busy beleiving the numbers the GOVERNTMENT gave you about THEIR unemployment, then your already so far gone it doesnt matter to me, good luck

 

[NoDrama]

How do you figure 12%? See page 2 of this article: http://www.bls.gov/opub/mlr/1988/02/art3full.pdf. It says 6% of the labor force was made up of children and that 25% of women of adult women worked. There's no way you can get 12% off of that, but perhaps you have other data.

70% of households are two or more earners, but how many hours does an average household actually work? 20% of workers only work part time.



If you calculate it like that, definitely. Why are you multiplying the percentage of two worker households by the number of people in each period?

I read your link, but NOWHERE does it say that 25% of women worked in 1913. Be careful how you read things, facts get left out by omission or cleverly worded sentences. Clearly you fell for it and really thought they said that 25% of women were working. I can state with CERTAIN fact that the BLS never ever said that 25% of women worked in 1913.


The most telling is that if you read the whole BLS article, they make the same argument as I do.

 

[NoDrama]

i dont care what anyone says or is saying, unemployment is NOT going down, i meet more and more people everyday with no jobs and hurting for money, sorry, dont buy the bullshit.



if your busy beleiving the numbers the GOVERNTMENT gave you about THEIR unemployment, then your already so far gone it doesnt matter to me, good luck

The actual unemployment rate IS GOING DOWN.

Unemployment only counts if you are receiving an unemployment check.

If you use up all your benefits and no longer get a check, but also can't get a job. well then they take you out of the pool of unemployed workers and call you a marginalized worker and no longer count you as unemployed.

When no one can find a job and no one can work, then we will be at 0% unemployment.

The "signs" of recovery are just the wool being pulled over your eyes.

 

[twostrokenut]

When I own a bank and issue more receipts than I have deposits to cover those receipts, I am the prime beneficiary. It can be argued that the customer is the beneficiary because they got loans they would have never gotten if I had not engaged in counterfeiting receipts.........it can even be argued that printing receipts that don't have deposits isn't counterfeiting.....but it is.....it's called usury .......

You insist on forgetting that we have been through this many times in the last few hundred years.....colonial script anyone?


People are starting to figure it out in droves......the more they retain silver and gold, the less they have to "absorb" when gamblers default.....as you so eloquently put it earlier describing what happens when loans don't get repaid.

tokeprep you are officially a dead horse, I even tried to be somewhat civil with you. But here I am still typing for nothing while you address my points with others. Be a Fed fanboy if you like, ponzi schemes need ppl like you to succeed. I truly wish you luck in your future stock gambles.

 

[NoDrama]

but how many hours does an average household actually work?

3,500 hours per year is the average household hours worked outside the home at a job.(2009)

= 13.5 hours worked per day.

in 1971 the average household hours worked per year was 2,800
=10.7 hours worked per day.

Median income of single parent family ( Not part of the statistics above) is $16,500

 

[NoDrama]

I truly wish you luck in your future stock gambles.

He doesn't actually play the markets. According to him anyway.

 

[NoDrama]

Let's say you purchase silver for $40 an ounce and it drops to $20 an ounce. The market looks bleak. What would you do?

So you can't answer my question? Afraid?

Per your scenario, I would buy more silver, lots more.

In fact that is what I have done.

I suppose I should have purchased a long term CD per your advice and reap the rewards of .01% return.
Perhaps a Juicy bond I can hold for 10 years and make 1.2%??

 

[abandonconflict]

Creating jobs doesn't seem like a good way of fixing the economy. I would think it would be better to just get the work done and start freeing people from the drudgery. What ever work is left can be shared, shorter work days for all.

 

[Harrekin]

Creating jobs doesn't seem like a good way of fixing the economy. I would think it would be better to just get the work done and start freeing people from the drudgery. What ever work is left can be shared, shorter work days for all.

Yeah...

I don't think "cool story bro" suffices at this juncture...

May the (hypothetical) Lord have mercy on your (hypothetical) soul.

 

[NoDrama]

Creating jobs doesn't seem like a good way of fixing the economy. I would think it would be better to just get the work done and start freeing people from the drudgery. What ever work is left can be shared, shorter work days for all.

Then you won't mind coming out and cleaning my septic tank out for me. Gotta share the work you know?

 

[Mr Neutron]

Did you just read the article you linked to or did you look at the GAO report? Page 145 of the PDF: http://www.sanders.senate.gov/imo/media/doc/GAO Fed Investigation.pdf.

page 145:
If you or your staffs have any questions about this report, please contact Orice Williams Brown at williamso@gao.gov or (202) 512-8678. Contact points for our Offices of Congressional Relations and Public Affairs may be found on the last page of this report. GAO staff who made major contributions to this report are listed in appendix XVI.
Orice Williams Brown Managing Director, Financial Markets and
Community Investment
Page 145 GAO-11-696 Federal Reserve System

Yup, that says it all, huh?

That isn't what their web site says, and my media article said the opposite of yours. So I guess we're just going with your word on that...

I presume you're trying to contradict my claim that wages increased by 5,200% with this chart showing that they grew from $15,000 to $50,000, which is obviously not a 5,200% increase. But that $15,000 is derived using the magic math you just attacked--it's the 2006 equivalent of about $750 in 1913. Obviously 25 cents an hour in 1913 doesn't equal $15,000--it's less than $1,000.
25 cents an hour in 1913 versus $13 an hour in 2013 equals 52 times as much, or 5,200%. Obviously not all of this is a real increase, but I already noted that--I said prices rose 2,300% at the same time.
Funnily enough, this chart is providing you with exactly the same numbers you're trying to argue against.

So why aren't we all rich? If wages increased more than twice what prices increased, why are we so far in debt and continue to increase the debt?

 

[Mr Neutron]

http://www.livescience.com/576-democrats-republicans-adept-ignoring-facts-study-finds.html

 

[Mr Neutron]

First of all, is it the result of inflation or geopolitical realities and the production agenda of an unregulated cartel?

By unregulated cartel, do you mean the Federal Reserve and the banksters?

 

[abandonconflict]

Then you won't mind coming out and cleaning my septic tank out for me. Gotta share the work you know?

 

[Mr Neutron]

Let's say you purchase silver for $40 an ounce and it drops to $20 an ounce. The market looks bleak. What would you do?

Buy more silver!

 

[cannabineer]

The absolute numbers aren't what you're trying to compare, and there's still no adjustment for part time work.

I don't know how to access the absolute numbers, and I'm not sure anyone does. All i can get are highly-processed fictions like CPIs. Even corporate accounting isn't an exact art. There are eight or more ways to keep the books, some more stringent in discretionary policy decisions than others, and none of them is wrong.
i have the soul of an engineer. The soft, statistical disciplines are a nest of snakes to me. cn

 

[twostrokenut]

Don't take my word for it let's get it from the horse's mouth.................

"Let me issue and control a Nation's money and I care not who makes its laws".

"The few who can understand the system will be either so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of comprehending the tremendous advantage that Capital derives from the system, will bear its burden without complaint and, perhaps, without even suspecting that the system is inimical to their interests."