O.K., O.K., so I blatantly ripped this off. It's my attempt to supply you folks with ammunition for this pajama-wearing, cocoa-sipping, metro-sexual faggots whose mission it is to brainwash us into thinking that Unicorns are shitting Skittles all over this land and all is rosy with Our Beloved Leader -- President Stool Sample -- and his
To quote my source over at Hot Gas:
We all know the difference between the U-3 rate and the U-6 rate at this point (I hope), and so we all understand the perverse effect that a dwindling labor force can have on “the unemployment rate.” If you’re unemployed and looking for work, you’re part of the demand for labor that employers/suppliers are trying to meet. You count. if you’re unemployed and so deeply in despair about ever finding a job that you’ve given up looking, you don’t. Get enough people to give up and the labor force just might shrink to the point where marginal job gains overall can produce relatively steep drops in the U-3 rate. Which, of course, explains how America made sub-seven-percent magic last month with that 74,000-job stinkeroo.
We all know that (again, I hope) and we’ve all seen depressing graphs by now like the ones posted at Zero Hedge showing the slow, steady contraction of America’s labor force. The graph below, though, by Sean Davis of the Federalist, visualized the U-3/U-6 contrast in a way I don’t think I’d ever seen before. If you want to grasp just how few real gains have been made since the recession supposedly ended in June 2009, gawk away:
All we need is a few million more people to give up on job-hunting to reach 5% unemployment by the end of O’s term.
That's the bottom line, innit, Droogies? These lying sacks of shit are cooking the books and trying to make us believe we are living in a worker's paradise.
"We are still at war with Eastasia but the good news is that our weekly chocolate ration is being raised from 30 grams to 25 grams. So belly up to the bar, Winston, and have another slug of Victory Gin."
UNCHARACTERSTIC TRUTHFUL MSNBC SEGMENT UPDATE: It is so-o-o-o-o-o-o bad that even the Kool-Aid sippers over at Morning Joke are compelled to tell the truth:
Keeeeeee-rist! Almost five years and it's same old bullshit, different day. Sucks to be a prole, don't it?