United States Will Become A Third World Country Overnight. Real Unemployment 22%

If you don't believe it's a least 22%, here's a way to see exactly how bad it really is.

Careerbuilder.com has something called hire insider. It's free to sign up. After you apply, it will tell you how many people applied for each position, their education and years of experience.

Choose a few normal skilled positions like accountant, sales, admin ect. Send a blank resume. Then see how many and what type of people applied for each position. For positions at large stable companies, there's usually at least 100 people applying.

reply to post by Daughter2
Yeah, those are the numbers that no one can spin or fake.

This is what the US economy has been reduced to: McDonalds reports that as part of its employment event to hire 50,000 minimum wage, part-time (mostly) workers, subsequently raised to 62,000 it received a whopping 1 million applications, or a Tim Geithner jealousy inducing 6.2% hit rate (h/t X. Kurt. OSis). Alas, the US economy is now so pathetic that the bulk of the population will settle for anything. Literally anything.

Source

That was datelined April, 2011. It's a wonderful thing when the best known low skill employer in the world is hiring over 60,000 people at one crack. All that joy and good feeling kinda goes down the crapper when one sees that 1 MILLION people applied for those jobs. We're in bad shape alright...and it's not improving, whatever the cooked books shown to the media have to say, IMO.

edit on 10-9-2012 by Wrabbit2000 because: (no reason given)

reply to post by ColCurious


Good for you!! I am an American. I have many friends in Germany and have spent a lot of time there a few years ago. I used to work for a German company. I for one do agree with you. Our American way is not better than your way. If things ran the way they are supposed to here, we would be at least a close cousin, if you will. But alas they do not. Funny thing is, I had the chance to move to Germany many years ago. I passed on the opportunity, because I am divorced and my children were still young then. So as a father, I had to stay here to be involved with their lives. I do not regret that decision. But I sometimes wish my circumstances had been different, and I had more options at that time...

reply to post by Common Good


If you ask me, it is all part of a plan of "globalization" to make the UN the world government.

This new world order will allow TPTB to have total control over everything.

They will beg "save us with a one world government, one world currency"

Same as they begged Bush "save us from the evil terrorist, take away our rights"

The 22% "real unemployment" figure is a myth that GOP likes to perpetuate, that has been debunked many, many times.

America doesn’t need the rest of the world. They are self sufficient, always was, always will be. No country has anything that they don’t have within its borders.

My birth nation really is in pretty bad shape. That kind of unemployment problem cannot go on forever. People have started starving. You are exactly right that the numbers are split up into different stats in order to hide the real number of unemployment.

One in Five Americans cannot afford food

When people are starving at the rate they are in America, production will not be able to increase at the rate the US needs it to. Yet, regardless of production needs those who do not have a job still need to eat and they are not getting that life giving food they need. The longer such high unemployment goes on the more problems are going to build up and make it harder to dig out of the hole.

More media outlets needs to push the issue of what the real unemployment stats are and point out what needs to be done. The solutions are simple to at least slow the bleeding. Number one solution is start feeding people. It does not matter what anyone feels about social safety net programs, women, children and once proud hard working men are hungry and need food now. Material conditions play a huge role in people`s will to gain employment. If people cannot even get enough to eat, they will be more focused on trying to avoid starving then they will looking for a job. I fully support the government taking some of the non-discretionary section of the national budget and ear marking it for funding food centers so people who are starving can get food. These people who are unemployed must be get food in order to survive. The material conditions also require that bureaucrats take large pay cuts in order to inspire those who are struggling. If people can see that those running the government are willing to suffer with them until the real unemployment rate goes down to under 10 percent and people`s basic needs are met, the common people will take jobs they would normally not accept.

There needs to be a lot more honestly from the government as to the unemployment situation in the United States. It is getting worse and the national government is still drinking wine and saying everything is fine. If the unemployment rate gets super high, like in Spain, the people will start to totally refuse to accept the rule of the national government. If that happens The United States of America will have a situation in which they may not be able to handle and the national government might have to fight off it`s own people in order to operate the nation. No one wants that to happen so the national government needs to some clean about the real unemployment stats and start taking better care of the people and get production up again.

Originally posted by babybunnies
The 22% "real unemployment" figure is a myth that GOP likes to perpetuate, that has been debunked many, many times.

Nevada and California both show unemployment rates in excess of 20% STATE WIDE....when reading the number generated by taking into account those who stopped seeking employment, those working short hours that doesn't give them enough to get off full time Government benefits at the same time, AND those officially still on the Unemployment rolls in the collection of THOSE benefits.

Yuma Arizona is in the neighborhood of 30%, as is El Centro and Modesto is 15% or so. Now these city numbers are the actual 'standard' unemployment rate, and beyond much debate.

The first set running OVER 20% for entire states....is produced as the U-6 number by the Bureau of Labor Statistics within the chart showing current unemployment figures. The BLS itself has broken the Unemp figures into 6 separate numbers now after acknowledging this current figure now at 8.1% does NOT cut the mustard for an accurate depiction of the problem.

So... Sorry, but the 20 some % figures are not made up, GOP nonsense, or wishful thinking by anti-Obama people. The BLS is an agency within the Executive Branch of the United States Government. That is the Branch headed and run directly by Barack Obama himself.

Hence, it's 100% fair and accurate to say HIS OWN PEOPLE came up with those numbers and those I quote above are those I read and some I posted in a thread linked in my signature within the last couple DAYS. Nothing old or dated about them....and nothing exaggerated. It is what it is and America is in deep trouble. There is no better way to put it right now.

reply to post by freemarketsocialist


I haven't read the other comments yet, just the OP, but I have this to say:

I have a magic bean, which, if planted and cared for properly, will grow gold coins, to the tune of upwards of 10,000 lbs of gold annually. It is non-refundable. If it doesn't work, its because you did something wrong. Just wire me $1000 and it's yours.

if you don't believe that, then why would you believe the far more ridiculous malarky which is your post? Debt is bad, especially too much debt, but we've been in far worse debt to GDP ratio before (1940's), after which, we had a veritable golden age.

The rest of the world wants the US dollar and economy to collapse? Really? Is that because they want their children to starve, or because they want a desperate US to use our overpowering military might to subjugate the rest of the world? Like Germany back in the day, but with far more power?

Sorry for the smart-donkey reply, but it bothers the living heck out of me that not only do people believe this ridiculousness (mainly out of ignorance of how things really work), but then spread this ridiculousness to others who are too ignorant of things to understand it's a bunch of malecowpoo.

This kind of crap belongs right up there with "Nibiru is hiding behind the sun and will strike earth (fill in date within 1 week), and "Obama is a Muslim extremist born in Kenya, and my proof is that he hasn't showed me his original-ink, carbon-dated birth certificate."

Originally posted by freedomSlave
I always thought America was a 3rd world country that just relied heavily on credit
what was the national debt there as of late.... I hope that isn't compound interest ..

The national debt is somewhere around $14-16T. Our GDP is also somewhere around $14-16T. Our national assets are well over $200T. Those of us who know basic economics know thatbwe're not in any grave danger. We also know that, as always, we're playing the world in economic warfare, amd as we've done in the past -repeatedly- we'll come out on top yet again.

Ever notice how we always have an economic golden age after our worst economic times? Ever even glance at a debt to GDP chart? - or are you among the many who believe all that matters is the number, much like a time traveler from the early 20th century would think I was insane for spending more than $1,500 on my house?+

I get it, I really do - people want to live in fear amd panic instead of learning basic economics or learning a little bit of history, but for what? So you can be fooled into making poor investment decisions over and over again? So you can be among those who "cashed out" your 401k/IRA/ retirement savings after the 9/11 crash, or the 2008 crash while the rest if us doubled up? Everyone who's buying this "sky is falling" nonsense is only hurting themselves, and annoying the people who were here in the early 2000's, the 1980's, the 1970's, the 1940's, etc...

reply to post by dogstar23

The national debt is 16 Trillion. White House projections put it at 21 Trillion by 2017 and 25.1 Trillion by 2022. Simple net (not gross...net) interest due on the debt, annually, runs around a quarter trillion dollars right now. In 2017, it will be in excess of HALF a trillion dollars. That's just under the entire U.S. Defense Budget in Fiscal 2012. Yet, interest payments buy us nothing. Nothing at all...except a slightly lower increase rate for the compounding debt number which never really slows.

Even Clinton's surplus years of annual deficit saw the debt rise like clockwork. That, above everything else, shows how deadly the interest is. Even 236 Billion in a surplus didn't give us a stable debt number. This was in the late 90's..and the national debt was over 10 TRILLION below what it now sits at for a principle to base interest on.

I can't fathom how anyone can see 25 TRILLION dollars in pure debt with over half a trillion due every year, after all the games are played to bring the Gross number down to the smaller net figure and in just 10 short years, as anything less than catastrophic.

By the way.....for what it matters, the White House 2013 budget projects the debt will be in excess of 100% of GDP (Which it now has been for a bit) as far out as their projection goes (2022). So....by their BEST estimates, we have no light at the end of this tunnel for even breaking even to say the number isn't growing any more. They've basically sold out our kids...and we're still trying to pretend it hasn't happened.

reply to post by dogstar23



You're comparing apples and oranges.

Most recessions are like a truck stopping along a highway: it gasses up and then starts going again. Or there is a correction and then things start going.

This recession is different as now that the truck pulls into the gas station the attendent has been exported to another country.

Globalism: the very word means that our economic sphere is no longer US-centric, but focused on profit-making on a global gameboard. Simply, the capital and jobs have gone global.

Thomas Friedman wrote his flat-economic world thesis in a post dot-com bubble world where the lines of communication and trade were built to new markets in far-away places we never heard of.

So your smart guys who took Macroeconomics 200 and learned that you are correct: there is money to be made. It just may not be that rising tide that lifts all boats most Americans yearn for, as a post-nationalist market place seems foreign and scary.

American currency will have value so long as there is something here worth buying. There will always be something here worth buying, but many of us might be priced out participation -and for the people in that boat the sky is falling.

Originally posted by Wrabbit2000
reply to post by dogstar23

 

I can't fathom how anyone can see 25 TRILLION dollars in pure debt with over half a trillion due every year, after all the games are played to bring the Gross number down to the smaller net figure and in just 10 short years, as anything less than catastrophic.

By the way.....for what it matters, the White House 2013 budget projects the debt will be in excess of 100% of GDP (Which it now has been for a bit) as far out as their projection goes (2022). So....by their BEST estimates, we have no light at the end of this tunnel for even breaking even to say the number isn't growing any more. They've basically sold out our kids...and we're still trying to pretend it hasn't happened.

... for those who are stubborn optimists and believe the above can somehow be rectified and paid off, I remind you that there's an additional (at least) $120 TRILLION in unfunded liabilities between SSI, Medicaid, and prescription drug benefits which the feds do not count in their debt figures. You see the small number of optimists when the debt is $16 Trillion... I'm gonna guess a lot of them will see their faith waiver when they try to wrap their head around a problem which is at least 9 times the size of what the MSM pushes forward as the ultimate measure.

The US had best never allow their military budget to dip or their strength to waiver because the spoils of conquest are about the only realistic way to get out from under this type of debt.

reply to post by GunzCoty


Maybe, who really knows?

We dont- we are not in the know, but we can see patterns.

Im just not so sure about anything anymore- it all seems like one big clusterf-ck to me.

But if I had to put money on it- Id say they are crashing this economy on purpose. For what reason- I dont know.

i think they are crashing it on purpose..easier to create a new system that way..the numbers and dollar figures are staggering..billions, trillions..you know if you counted from one to a billion it would take 32 years non stop and thats just a billion

Originally posted by zero1020
Do you know what would fix this entire debt crisis? If the major players around the world agreed to forgive all debts and start the cycle again. Sure millions would lose their so called "valuables" but at least the world won't rip itself apart. After the shock is over people will be able to lend and borrow again to create businesses.

I've always wondered why we carry the debt of previous generations on our shoulders.

When people forgot God and His Laws and Ordinances they also forgot about the every 7th year of Jubilee when all debt was forgiven so the people could start fresh. It is all about greed and the love of money. Research it in the original Torah and Talmud yourselves.

reply to post by Wrabbit2000


Starred, Wrabbit-- for a good point you brought up... the interest on the
national debt. It was reported that 2011's real federal tax revenue, for the
first time, was less than the interest on that monster.
If I recall the 'Zimbavwe Moment' that Bernanke also announced that
the Fed would buy up the rest of the Treasuries that nobody else wanted:
I smelled that 'hyperinflation' deal. Sorry about the spelling, and a lot of
other things. But I'm not sorry about calling somebody a counterfeiter,
no matter what he's wearing, if I'm the one who has to bail him out with
my three dollars a head lettuce.
It's a real depression when everyone can feel the pinch, working or not.

reply to post by muse7


Because the chicken hawks would cluck like mad about how we'd be allowing terrorists to win, etc.

They will not allow such a cut in the defense budget. Their goal is destabilize the middle class into insolvency and so far, they're winning. It's not a pretty picture.

reply to post by poundpuppy


Not religious at all here but that is just plain common sense.

Then again, teaching people how to avoid accumulating debt would be more beneficial in the long term.

reply to post by Wrabbit2000


I agree with all of your points, but as long as the economy grows with the debt, we'll be ok. Now, should the economy shrink year after year, while the debt grows, eventually we're in trouble. I don't like the fact it is as high as it is, but again, we have been over 140% Debt to GDP, in the 1940's. It can, and likely will, turn around again.

Our economy as it is structured now won't do it. Romney's plan to increase corporate profits through increased job exportation won't do it either. We DO need fundamental changes, more in corporate structure and rules than in tax policy, but we are certainly not on the brink of any sort of doom.