Originally posted by STRATIOTES:
U6 number is 37%

STRATIOTES
only 63% are active in the U.S. workforce, leaving 37% .

It used to be that people would be grateful for the work, and would work extra hard to hopefully earn more work. Our government has made the poor soft, lazy, weak and ungrateful.

Originally posted by Huskerpatriot:
We are now several generations from a population that knows how to work and is not afraid to suffer if that is what it takes.

Huge conspiracy has been perpetrated on the American people, nay, on the world. Economy now worse than great depression which brought WW2 on the scene. Is this all leading to WW3? In 1929 the unemployment rate in America was 25 %, it is now over 30 %, especially if you consider we are not even counting 15 million Mexican Americans, That would make the figures possibly 40 %. Those now living in Poverty in America are now over this percent as it would be insane to assume those with work were not living in poverty. Those with work are 30 to 40 % then the one working but in poverty would be much higher. The number of people making over 250,000 dollars now is only 2 % of the population, there are no rich anymore, only those very small of the elite who control us all!!!!!! They are the few at the top, less than 1 percent, maybe 300 families.

Read more at http://investmentwatchblog.com/cove...an-great-depression/#sSUuSD2zegQOLGIj.99

Originally posted by Leonidas:
At this rate, how long can we last?

Originally posted by Leonidas:
Huskerpatriot, I used to work on a ranch/farm in Sidney Mt. I worked 7 days a week in the conditions you briefly spoke of. I have farmed on and off most of my life. I don't think its people being lazy. It s more like they don't make any money for the hours worked. The juice just isn't worth the squeeze kind of thing.

It may be for the owners, just not for the ranch hands. The other thing that most do not know is, you never get a day off to do anything. Cant make plans with the wife and kids. Most farm or ranch operations pay a monthly salary. Not hourly. Then when you get old and cannot deliver like you once could, then your gone with nothing. Thats why help in hard to find in agriculture. The work is satisfying,but the pay is not.

Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.

Marotta, who recently advised those worried about an imploding economy to get a gun, said that the government isn't being honest in how it calculates those out of the workforce or inflation, the two numbers used to get the Misery Index figure.

“The unemployment rate only describes people who are currently working or looking for work,” he said. That leaves out a ton more.

“Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent. This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work. Policies that remove the barriers to employment, thus decreasing this number, are obviously beneficial,” he and colleague Megan Russell in their new investors note from their offices in Charlottesville, Va.

They added that “officially-reported unemployment numbers decrease when enough time passes to discourage the unemployed from looking for work. A decrease is not necessarily beneficial; an increase is clearly detrimental.”

Then there is the Misery Index, which is a calculation based in inflation and unemployment, both numbers the duo say are underscored by the government. He said that the Index doesn’t properly calculate how Uncle Sam is propping up the economy with bond purchases and other actions.

“These tricks, along with a host of other dubious accounting schemes, underreport inflation by about 3 percent,” they wrote, adding that the official inflation rate is just 1.24 percent.

“Today, the Misery Index would be 7.54 using official numbers,” they wrote. But if calculations tabulating the full national unemployment including discouraged workers, which is 10.2 percent, and the historical method of calculating inflation, which is now 4.5 percent, ‘the current misery index is closer to 14.7, worse even than during the Ford administration.”

Originally posted by STRATIOTES:
I know more people without the basics of food shelter clothes much less energy to keep warm with or cook food not to mention the lack of medical care.

In some cases this has led to death.

I am not laughing