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Originally posted by xedocodex
I love how when the unemployment rate goes down, people have to find other numbers that aren't usually used as a measure to complain about.
Unemployment dropped to 7.6% in March...still continuing the downward trend it has been...hence an improving economy.
It's amazing that there is a group of people that hope that the economy isn't recovering just so they can trash on Obama some more.
Give it up people...History will show that Obama pulled this country out of a nose dive...that is just historic fact.
Originally posted by camaro68ss
Originally posted by xedocodex
Originally posted by camaro68ss
This must be part of the epic recovery 21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know
So where are those real world food prices that show the "sky rocketing"???
Why is it so hard for you, or anyone else, to find this very accessible information???
Using your links provided
suger 2003= $6.5, 2013= $19.25 thats 290% increase
Butter 2003 =$125 2013= $160 thats 128% increase
Coffee 2003 = $64 2013 =$180 thats 281% increase
Wheat 2003 =$380 2013 = $950 thats 250% increase
Cattle 2003 =$90 2013 = $128 thats a 142% increase
Lean hog 2003 = $60 2013 = $88 thats a 146% increase
between them all your looking at and average of 206% increase in 10 year! thats 20.6% increase in food year after year. has your income increase 20% YOY? mine hasnt that for sure.
And the FED's say inflation has been at 3% YOY for the last 20 or so years. thats BS!
Check and Mate!edit on 5-4-2013 by camaro68ss because: (no reason given)
Originally posted by xedocodex
reply to post by camaro68ss
I see that you aren't great with numbers. The 1979 number you are refering to is a PERCENTAGE. And since you are aware that we have a higher population...then basic math should tell you that we have more people working now than we did in 1979.
We have a larger retirement population than we did in 1979, we have more kids in college than we did in 1979, we have much fewer factories than we did in 1979...there are many reasons why the participation RATE hasn't increased all that much.
And we aren't talking huge changes...since around 2000 the workforce participation rate has been steadily dropping. At the highest point around 2000, the participation rate was around 67%. So a drop of 4% over 13 years isn't something that is alarming or new.
en.wikipedia.org...:US_Labor_Participation_Rate_1948-2011.svg
data.bls.gov...
What we have here is you looking for absolutely anything to complain about...even though you don't understand what it is you are complaining about.
we all know your game, you pick 3 commodities that have no price inflation and the data only goes back 2 years. Lol good job.
these problem has been 5-6 years in the making. Run your data points from a 10 year span and you will see your skyrocketing prices!
Gas prices are at record highes yet demand is at 2001 levels.
Grocery prices have risen 2-3% each year between 1990-2011.
Why Did Food Prices Rise in 2008?
Food price inflation caused food riots in 2008, when prices rose a whopping 6.8%.
Reasons for Food Price Inflation in 2011
In 2011, prices rose 4.8%, which some experts said eventually led to the riots known as the Arab Spring.
2012 Food Prices
The drought didn't affect food prices overall in 2012, which only increased .5%.
Let's use this as a baseline...this is the "norm".
Using your links provided
suger 2003= $6.5, 2013= $19.25 thats 290% increase
Butter 2003 =$125 2013= $160 thats 128% increase
Coffee 2003 = $64 2013 =$180 thats 281% increase
Wheat 2003 =$380 2013 = $950 thats 250% increase
Cattle 2003 =$90 2013 = $128 thats a 142% increase
Lean hog 2003 = $60 2013 = $88 thats a 146% increase
between them all your looking at and average of 206% increase in 10 year! thats 20.6% increase in food year after year. has your income increase 20% YOY? mine hasnt that for sure.
Check and Mate!
Originally posted by sligtlyskeptical
4% of 350 million people is 14 million jobs gone.
I would say that is quite alarming. Especially when half the people have lower paying jobs then when that number was higher.
I will just say I am worse off now than I was three or four years ago.
Originally posted by camaro68ss
The print came in about an hour ago on US Unemployment. It was a disaster.
the number of people not in the labor force which in March soared by a massive 663,000 to a record 90 million Americans who are no longer even looking for work. Even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% - the lowest since 1979!
www.zerohedge.com...
The last time the workers rate was this low was right before woman started to enter the work force in the late 1970's
Payroll plunged to 88k people hired for march yet the unemployment percentage fell from 7.7% in February to 7.6% in March, pure Propaganda. From what i read, you need at least 150k people hired each month just to keep up with population groth!
Here is the scary part. The FED's are pumping 85 Billion dollars in the the economy each month. So your telling me in now takes nearly 1 billion dollars to create 1 job? Talk about diminishing returns.
Its worth repeating, Print 1 BILLION US DOLLARS = 1 job created!!!!!!!
WOW!edit on 5-4-2013 by camaro68ss because: (no reason given)edit on 5-4-2013 by camaro68ss because: (no reason given)
If the 63.3 per cent participation rate had remained at the previous month's 63.5 per cent rate, the UE rate would have gone up, possibly close to 8 per cent.
Well, you have fun in your 'the economy is so great and everyone who disagrees with me must be a tea partier' world. You seem to be in the minority here. Most people are feeling the pressure of growing prices at the pump and at the register. It must be nice to not be affected by those things, but, unfortunately, that's the reality for the majority.
And, I still think that our system is horribly broken.
4% of 350 million people is 14 million jobs gone. I would say that is quite alarming. Especially when half the people have lower paying jobs then when that number was higher.
Originally posted by camaro68ss
Using your links provided
suger 2003= $6.5, 2013= $19.25 thats 290% increase
Butter 2003 =$125 2013= $160 thats 128% increase
Coffee 2003 = $64 2013 =$180 thats 281% increase
Wheat 2003 =$380 2013 = $950 thats 250% increase
Cattle 2003 =$90 2013 = $128 thats a 142% increase
Lean hog 2003 = $60 2013 = $88 thats a 146% increase
between them all your looking at and average of 206% increase in 10 year! thats 20.6% increase in food year after year. has your income increase 20% YOY? mine hasnt that for sure.
......
Did not want anyone to Miss this so its on the top page. Read what I wrote above!