Monday, November 11, 2013

DECREASING WAGES, SOARING POVERTY AND OTHER FACTS ABOUT THE ECONOMY THAT WILL MAKE YOUR HEAD SPIN.

Every day the nightly news, politicians and business leaders all tell us how great things are right now. Unemployment is down to around 7%, housing prices are rising and the stock market has reached record highs. None of that is true by the way, but much like Hitler said, repeat a lie long enough and people will eventually believe it. Unemployment has been hovering around 25% actually, housing prices are beginning to fall again as the market has once again been saturated to capacity and the stock market is only gaining ground through QE infinity and blatant market rigging on the derivatives' side. This whole house of cards is going to come crashing down sometime early next year, especially if the terrorists known as the Republican party decided to play kick the can with the economy again.
And yes the GOP are terrorists, plain and simple. They have done more damage to this country than anyone wearing a rag on their heads have. They have cost us trillions in lost revenue, have done zero to do anything to help anyone not making millions, and become so far right wing that my jokey moniker "the American Taliban," seems very accurate now. I keep reading about some extremist Catholics who hate the new pope as is he is a Jesuit more concerned with people's suffering than abortion or gay people, just like the Church should be. But these assholes are the WORST Christians and prove it on a daily basis. Dickless morons like Ted Cruz, Steve Rogers and brainless harpies like Sarah Palin and Michelle Bachmann seem to think that cutting food stamps for the poor is fine as that is exactly what Jesus would do in their deranged little minds. What part of the Bible did I miss when Jesus said, "Let the poor starve so the rich may eat." Must be in a later issue or something. So yes, if you are voting for Republicans at all anymore take a good long look in the mirror because you are no better than the Muslim schmucks blowing themselves up in some shopping mall somewhere. You are exactly the same. Enjoy.

Why do Republicans demand high pay for CEO's to "attract the best people," but are willing to pay slave wages for those at the bottom as if they don't matter? Nevermind the fact that this economic failure is doomed as the ultimate economic factor "supply and demand," will never work in this model. All roads lead to collapse and these fuckwads are barreling toward it. I keep hearing that the Median wage in this country is between $50,000-65,000 from various TV shows and news programs. I would love to know what data they got that from because the official data from the Social Security Office says it is half of that, a measly $27,519. As our wages plummet, the top, those making more than $5 million, rose 27% last year.

Our salaries are not disappearing because of anything more than rampant greed. And because we have been tricked into getting rid of unions, we have no bargaining power, and as more and more become "right to work" states, people are getting fired for the stupidest of reasons. Get sick in this country and you will lose your job. I can't tell you how many people I know that has happened to. So way to go Republicans, you are voting to decrease your pay, get fired for any reason and be thrown out into the street with no safety net. When you are cold, wet and lying in a ditch, you will seriously regret putting some right wing moron into office.
And because we are increasing our population, there are even less jobs to go around. Our economic model is failing and some of you out there are goosing it along. Wake up and realize many in government, on both sides of the aisle, want you dead.

Let look at last month jobs report for facts that are NOT been touted. We've all heard that around 200,000 jobs were created in October, which is still at least 50,000 higher than the estimate should given that small businesses are not being created the same as thirty years ago when the algorithm was first invented. Even so, a good number. However, what the reporters fall to tell you is at the same time 623,000 jobs were lost. Oops. So not only are we not creating enough jobs for people, were losing three time as many each month as well. As there gluts of people on the market, jobs can offer low wages as there is no incentive or reason to do otherwise, other than civic duty or survival of the corporation but no one sees the big picture anymore.

Almost a million people dropped out of the workforce last month, a number than is not included in the unemployment number thus rendering it meaningless. TV and print news do us all a great disservice by not using the more accurate 25% figure which is easily seen. Recent statistic show that only 63% of the public , or 200 million people, has a full time job which in no way could allow a 7% unemployment figure. The number is a lie and a big one at that as the chart below shows.

Labor Force Participation Rate

That means roughly 100 million people do not have a job in this country that pays a livable wage or anything at all. That is unacceptable.
Even worse, 40% of the people who do have a full time job make less than $20,000. Try living off $18,000 a year like I had to working for a thief of a boss who would steal commissions from his sales staff constantly with no recourse to fix it. I had a deal for a security system that would have netted me a lot of money. Instead I got the boot off the deal and it was given to an outside contractor instead. What a dick. He paid his people nothing while he made millions. After he cut our pay to even less than the crap we were getting, 90% of his sales staff quit in protest. It was the worst job I ever had.
This is par for the course in today's America where we are rapidly becoming slave labor with no power to do anything to change things. At least 50 million of us live in poverty and I would guess another 100 million live near poverty, like me and a lot of my friends. And much like my dick ex-boss, wages are going down, not up, while the top steals even more from us. 400 of the wealthiest individuals have as much wealth as the the bottom 50%. How is that sustainable? It isn't.
We are approaching an end game here and voting to put schmucks like Ted Cruz, Rick Snyder and Rick Scott into office is going to literally kill us all. STOP VOTING FOR THE GOP ALREADY. How dumb are you to vote for you and your children to be sentenced to neverending poverty? It's the exact plan the Republicans keep pushing and we know it doesn't work because we can see Europe imploding for doing exactly the same thing with disastrous results. The democrats are not great by any means but if we can get more people like Liz Warren or Bernie Saunders in there, maybe we can save this country before it is too late.

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