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Old 11-04-2011, 06:18 PM
 
Location: Philadelphia Area
1,720 posts, read 1,316,554 times
Reputation: 1353

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US Needs To Generate 262,500 Jobs Monthly To Return To Pre-Depression Employment By End Of Obama Second Term | ZeroHedge

From comments:

Fri, 11/04/2011 - 10:14 | mr.5280



I love seeing these, although it's kind of depressing.

Just as a thought, not trying to ruin this data (because it is accurate and shows the economic **** reality we are in) I will point out how distorted the government printed numbers can be...

We don't truly have to add a single job to get the headline unemployment rate down to Dec2007 levels [as measured by the U-3/U-6 rates]... The only thing that needs to happen is fewer layoffs and all these folks falling off the rolls. 26-Weeks they will be off the U-3 (and so the unemployment rate will "drop" by the ignorant man's judgement). After the 99th week, they are off the u-6 (reflecting a decline in that number).

Does that reflect a better economy? **** no. We will still have 1 in 6 on food stamps and true unemployment of 20-23% (and counting with each college/higherEd class that comes out jobless).

That being said - there is no way in hell we will be adding 262,500 jobs a month... Can anyone tell me when that has ever happend in history?
Never.

Fri, 11/04/2011 - 10:13 | Mitzibitzi



The wife said much the same thing last night, as it happens.

And while I, personally, wouldn't engage in massive depopulation (particularly of the elderly and otherwise non-productive) to sort the problem out for the remainder, I'm not so sure TPTB / NWO crowd have my morals. They're already hideously rich and powerful and still want even more, for one thing. Which I'm sure tells you something about their personalities, or lack thereof?

Fact is, the birth rate in most countries is pretty low, while the elderly are living longer than ever. Simple arithmetic tells you that can't continue indefinitely. But if the governments of the developed and developing world engage in a 'drop a sprog for dollars! (or more likely SDRs)' drive to boost the birth rate to pay for it with taxes, we simply reach the carrying capacity of the planet all the sooner. And there are no jobs for those sproglings to do anyway.

Inevitably, we're going to reduce the population of this rock to the Georgia Guidestones level, whether we want to or not. War, Famine, Pestilence and plain old Death have always been the simplest way to adjust demographics, whether inflicted deliberately on the unsuspecting populace or with a helping hand from that *****, Mother Nature.

Fri, 11/04/2011 - 12:16 | bedhead



The only way the United States will be able to generate enough jobs is if Henry Ford, Steve Jobs, Andrew Carnegie, and a thousand other industrialists managed to rise from the dead and invent industries that employ millions.

This country needs to move to a different model of how an economy is to be structured since Capitalism, socialism, communism, fascism, whatever, are all failed models because they rely on producers that generate the wealth that can be redistributed to those who do not produce, or produce very little compared to their consumption.

There are too many people now, and that will only get worse while the jobs that are still here migrate, become redundant or obsolete.
What needs to be be done is for the leadership----if anyone can find a real visionary---to charge CONgress with the duty of coming up with a new way for its 400,000,000 people to admit that they can no longer support themselves with work-for-pay and must either be killed off or housed, fed, clothed, entertained, and otherwise leading lives that do not require them to produce something, from the time they are born till the time that they die 100 years later.

Work for pay is only going to work for a part of the population. The rest of the tens of millions that have nothing constructive to do will have government provide for them in some fashion, that mimics vouchers for essentials and perks. And without the guilt that has heretofore been associated with layabouts.

A two tiered economy is the only way forward. Without extermination, 50,000,000 people who now have nothing to contribute to the economy will have to be dealt with constructively.

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Old 11-04-2011, 06:20 PM
 
Location: Reality
9,949 posts, read 8,853,660 times
Reputation: 3315
Obama won't have a second term.
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Old 11-04-2011, 06:20 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Well, if we stay at the current numbers (less than 100K per month) it will only take 12 years to get to 6% UE.

That means we will have "recovered" in 2023, and not 2009 like the government told us.


At this rate, full employment is 12 years away - Rex Nutting - MarketWatch
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Old 11-04-2011, 06:21 PM
 
Location: Philadelphia Area
1,720 posts, read 1,316,554 times
Reputation: 1353
Is depopulation the only way? That's what the elite seem to think!
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Old 11-04-2011, 06:57 PM
 
Location: North America
5,960 posts, read 5,546,690 times
Reputation: 1951
Second term?

Now that's hilarious.

And to think...Americans actually believed that a semi-socialist college instructor with NO private industry experience, NO business experience and NO track record of ANY non-academic or non-political accomplishments could steer Earth's largest economy out of one of the most severe economic disasters in modern times.

Collectively, Americans are idiots.
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Old 11-04-2011, 06:58 PM
 
Location: southern california
61,288 posts, read 87,431,754 times
Reputation: 55562
tweaking the number does not cut it. we are broke overdue for a crash.
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Old 11-04-2011, 06:59 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Quote:
Originally Posted by clb10 View Post
Second term?

Now that's hilarious.

And to think...Americans actually believed that a semi-socialist college instructor with NO private industry experience, NO business experience and NO track record of ANY non-academic or non-political accomplishments could steer Earth's largest economy out of one of the most severe economic disasters in modern times.

Collectively, Americans are idiots.
His resume (blank page) doesn't matter. He PROMISED them is all that matters.

We'll see if that works again in 2012.
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Old 11-04-2011, 07:13 PM
 
29,939 posts, read 39,468,904 times
Reputation: 4799
December 1982 to December 1983 added 287,833.333 Total non-farm jobs per month on average.

December 1983 to December 1984 added 323,083.33 Total non-farm jobs per month on average.

December 1984 to December 1985 added 208,333.333 Total non-farm jobs per month on average.

December 1985 to December 1986 added 185,083.333 Total non-farm jobs per month on average.

December 1986 to December 1987 added 268,750 Total non-farm jobs per month average.

December 1987 to December 1988 added 269,750 Total non-farm jobs per month average.

December 1988 to December 1989 added 161,500 Total nonfarm jobs per month average.

Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics

Last edited by BigJon3475; 11-04-2011 at 07:33 PM..
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Old 11-04-2011, 07:17 PM
 
Location: The Twilight Zone
773 posts, read 503,904 times
Reputation: 363
Quote:
Originally Posted by Backspace View Post
Obama won't have a second term.
Oh how I wish you would be correct, but I don't think so. With half the country dependent on gubmint handouts now due to his horrible policies, all he needs to do is pick off a few of the others.

Besides, it looks like the democrat party is going to run a phony third partier to steal 2 or 3 percent from the opposition. That's all it will take.

America is screwed.
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Old 11-04-2011, 07:24 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Quote:
Originally Posted by Heritage Member View Post
Oh how I wish you would be correct, but I don't think so. With half the country dependent on gubmint handouts now due to his horrible policies, all he needs to do is pick off a few of the others.

Besides, it looks like the democrat party is going to run a phony third partier to steal 2 or 3 percent from the opposition. That's all it will take.

America is screwed.
I agree with you. There is no strong Republican contender.
Ron Paul is all but written off by the MSM.

The fear of cuts to the social programs will keep the Dems in office.
Too many are now dependent on some form of social welfare.
The Dems will instill the fear of cuts by the Republicans to keep themselves in office.

One article stated that almost 60% of Americans receive at least one type of government payment. That's the majority right there.

I agree..we are screwed. We are no better than Greece.
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