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Author Topic: Latest US Jobs Report a Fraud  (Read 1334 times)
Honeypot
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July 13, 2014, 12:28:26 AM
 #21

People know the administration is fooling themselves and their brainless guilt ridden idiots of followers.

Obama needs to watch his fucking mouth.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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July 13, 2014, 09:06:50 AM
 #22

I just happened to be in my local Meijer last night doing some brief food and drink shopping and it really dawned on me as I looked around how most of the patrons looked kind of lack luster. Of course, I don't live in an affluent area by any means but I would fully say the area is representative of what would call the normal American boobeoisie. All of the people I saw with kids clearly looked like they were on the dole somewhat and those that weren't looked like they were keeping purchases to a minimum. Then, I'm also noticing the workers doing their duties occasionally and I kinda felt bad for them knowing they were making likely minimum wage w/ little hope of much else, especially those that were in retirement age and beyond. My takeaway value was that even though some of these people drive new cares, there's not a whole lot of pep in their steps by and large. I often wonder as I see large groups of people if I'm the only one that currently has Bitcoin or knows anything about it. And then, I realize how hard life will be for these people and they may not have a clue how things are shaping. But hey, at least they have their smart phone. Smiley

Let them have cake, or at least an image of it.  Hence all the Hollywood blockbusters with great CGI and music to make people feel good while they live cover up their unhappiness.

I would be that middle class that keeps my shopping minimal.  Putting all my reserves into BTC.
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July 14, 2014, 02:09:20 AM
 #23

The biggest illusion in these job numbers is that they're actually meaningful and upwardly mobile positions. Most of these jobs are minimum wage plus they're low skilled and offer no beneficial future moves to them outside of one proving they can show up to work everyday. So, college grads are taking these positions and there's almost no chance they can pay their monthly student loan bills especially if they don't live at their parent's house. Even former middles class workers who've been laid off for a certain amount of time are taking these low wage positions and it must be devastating to their lifestyles since there's very little room to save to enhance what's left of their retirement savings.
This is very much true today in the Obama economic recovery, however is not typical of most any other economic recovery.

Our jobs numbers are very much skewed by a large influx of low/minimum wadge jobs and a decline in higher wadge jobs.
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