Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Tuesday, December 11, 2012

Looking At The United States By The Numbers

Stolen From Hat Tip Faultline USA

By James Shott

As the end of 2012 draws near, here are some interesting and revealing statistics about our country.

The Gross Domestic Product Growth Rate has been anemic all year, but had its biggest increase in the 3rd quarter, rising 2.7 percent. That was double the 2nd quarter’s 1.3 percent, and beat the 1st quarter’s 1.9 percent. From 1947 until 2012, the United States GDP Growth Rate averaged 3.2 percent.

* * *

In 2011 the population of the U.S. was 313.8 million and 153.6 million Americans were in the labor force. The nation produced total GDP of $15.1 trillion, roughly $49,000 in per capita GDP.

The U.S. Treasury collected tax revenue of a little more than $2.3 trillion and as a percent of GDP the economy is taxed at slightly more than 15 percent. However, the federal government spent about $3.8 trillion, creating a budget deficit of more than $1.3 trillion, or 8.63 percent of GDP. Each man woman and child citizen’s share of the cost of government is more than $12,000.

Currently, the national debt is roughly $16.3 trillion, which works out to about $51,000 per man, woman and child. This year’s federal budget deficit adds $3,500 or so of additional debt per citizen.

* * *

The November jobs report listed 146,000 new jobs and a U-3 Unemployment Rate of 7.7 percent, two-tenths lower than the October figure. Unfortunately, this news is not as good as it appears. To have a truly meaningful effect on unemployment, more than 300,000 new jobs must be created each month. The Labor Department revised downward new job numbers in October from 171,000 to 138,000, and from September in 148,000 to 132,000.

The drop in the unemployment rate resulted not from lots of people going back to work, but because 350,000 people dropped out of the workforce.

The Labor Force Participation Rate dropped from 63.8 percent to 63.6 percent. The 146,000 new jobs have a much greater effect on a smaller labor force than on a larger labor force. If the labor force remained the same as it was in January 2009, U-3 unemployment would be 10.7 percent. The more accurate U-6 Unemployment Rate, which includes not only those working and those looking for work, but also those who have become discouraged and given up looking for jobs, is 14.6 percent for November.

* * *

In June, a total of 142,415,000 people were employed in the U.S, according to the Bureau of Labor Statistics, including 19,938,000 who were employed by federal, state and local governments. By November, the total number of people employed had climbed to 143,262,000, an overall increase of 847,000 in the six months since June. In the same six-month period the number of people employed by government increased by 621,000 to 20,559,000. These 621,000 new government jobs equal 73.3 percent of the 847,000 new jobs created overall.

* * *

Back in July of 2008 candidate Barack Obama said this about the $4 trillion in debt that we incurred under the Bush administration: “The problem is, is that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents – #43 added $4 trillion by his lonesome, so that we now have over $9 trillion of debt that we are going to have to pay back — $30,000 for every man, woman and child. That’s irresponsible. It’s unpatriotic.”

According to the U.S. Treasury, on July 2, 2001, the national debt was approximately $5.7 trillion. On inauguration day 2009, the national debt stood at $10.6 trillion. Last Thursday, it stood at $16.3 trillion. That means the debt has increased $5.7 trillion during Mr. Obama’s first four years, and that is more than all presidents through Bill Clinton, and the first five months of George W. Bush’s tenure. In the name of U.S. taxpayers Mr. Obama has borrowed more than $49,500 per man, woman and child.

* * *

Inflation in October was 2.2 percent, up from September at 2.0 percent, August at 1.7 percent and July at 1.4 percent. The highest level of inflation since 2000 was 5.6 percent in July of 2008.

* * *

Are we drowning in regulations? Ayn Rand’s classic Atlas Shrugged in paperback has 1,088 pages. The 2011 Federal Register totals 82,419 pages, nearly 76 times more than Ms. Rand’s book. A popular estimate of the cost of regulations on the economy is $1.75 trillion annually, which is nearly 76 percent of total amount of tax revenue collected last year.

* * *

In 1913 the U.S. tax code was 400 pages. Today, it’s more than 73,000 pages, which means we added on average 730 new pages each year. It is estimated that U.S. taxpayers pay $431.1 billion annually, or 19 percent of total tax revenue collected last year, just to comply with and administer the U.S. tax system.


Wednesday, August 22, 2012

Presidential Firsts – Stop Being Mean to His Imperial Majesty




Stolen From Crusader Rabbit


Quit trashing President Obama… he has done more than any other President before him and has an impressive list of “first” accomplishments:

First President to apply for college aid as a foreign student, then deny he was a foreigner.

First President to have a social security number from a state he has never lived in.

First President to preside over a cut to the credit-rating of the United States.

First President to violate the War Powers Act.

First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico.

First President to require all Americans to purchase a product (health insurance) from a third Party.

First President to spend a trillion dollars on ‘shovel-ready’ jobs when there was no such thing as ‘shovel-ready’ jobs.

First President to abrogate bankruptcy law to turn over control of companies (including GM) to his union supporters.

First President to by-pass Congress and implement the Dream Act through executive fiat.

First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S. , including those with criminal convictions.

First President to demand a company (BP) hand-over $20 billion to one of his political appointees.

First President to tell a CEO of a major corporation (Chrysler) to resign.

First President to terminate America ‘s ability to put a man in space.

First President to cancel the National Day of Prayer and to say that America is no longer a Christian nation.

First President to have a law signed by an auto-pen without being present.

First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.

First President to threaten insurance companies if they publicly spoke-out on the reasons for their rate increases.

First President to tell a major manufacturing company (Boeing) in which state it is allowed to locate a factory.

First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN).

First President to withdraw an existing coal permit that had been properly issued years ago.

First President to actively try to bankrupt an American industry (coal).

First President to fire an inspector general of Ameri-Corps for catching one of his friends in a corruption case.

First President to appoint 26 czars to replace elected officials in his Office.

First President to surround himself with radical left wing anarchists.

First President to golf 73 separate times in his first two and a half years in office, 102 to date.

First President to hide his medical, educational and travel records.

First President to win a Nobel Peace Prize (in his second month in office) for doing NOTHING to earn it.

First President to go on multiple global apology tours and concurrent insult our friends tours.

First President to go on 17 lavish vacations, including date nights and Wednesday eveningWhite House parties for his friends paid for by the Taxpayer.

First President to have 22 personal servants (taxpayer funded) for his wife.

First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense.

First President to repeat the Holy Koran & tell us the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.

First President to tell the military men and women that they should pay for their own private insurance because they volunteered to go to war and knew the consequences.

Then he was the First President to tell the members of the military that THEY were UNPATRIOTIC for balking at the last suggestion.

First President to side with a foreign nation over one of the American 50 states (Mexico vs Arizona).
So, how is this hope and change working out for you?

REMEMBER THIS LIST WHEN YOU VOTE!




Sunday, March 4, 2012

What Barack Hussein Obama Has Done For America



Stolen from Texas Fred



31 Foregone Facts Barack Obama Fans Should Ponder!
1. If a previous president had doubled the national debt which had taken more than two centuries to accumulate, in just one year, would you have approved?

2. If a previous president had then proposed to double the debt again within 10 years, would you have approved?

3. If a previous president would have spent nearly a trillion dollars in stimulus and guaranteed unemployment would not exceed 8%, would you have called him a liar?

4. If a previous president would have played golf for thirteen weekends in a row leaving it up to congressional leaders to deal with the greatest financial crisis since the great depression, would you have considered him disengaged and out of touch?

5. If a previous president had criticized a state law that he admitted to never even reading, would you have thought him an ignoramus?

6. If a previous president had passed an unconstitutional law that would have absorbed 1/6th of the America’s entire GDP, forced Americans to purchase a private product (in violation of the commerce clause), fined them if they didn’t, hired 16,000 new IRS agents to enforce it, and exempted 1400 organizations from having to abide by that new law, would you have thought him a mafia boss?

7. If a previous president joined the country of Mexico and sued a state in America to force that state to continue to allow illegal immigration, would you have questioned his patriotism and priorities and wonder who his allegiance was to?

8. If a previous president had pronounced Army Corpsman like you pronounce a dead corpse, would you have thought he was stupid?

9. If a previous president had put 87,000 people out of work by arbitrarily placing a moratorium on offshore oil drilling on companies that have one of the best safety records because one foreign company had an accident, would you have agreed?

10. If a previous president had used a forged document as the basis of the moratorium that would render 87,000 American workers unemployed would you have supported him?

11. If a previous president had been the first president to need a teleprompter to get through a press conference, would you have thought this is more proof of how inept he is on his own and that he’s really controlled by smarter people behind the scenes?

12. If a previous president had spent hundreds of thousands of dollars to take his wife to a play in NYC, would you have approved?

13. If a previous president had reduced your retirement plan holdings of GM stock by 90%, given the unions a majority stake in the car maker and shut down 789 perfectly profitable Chrysler dealerships because they were were owned by registered republicans, would you have approved?

14. If a previous president had made a joke at the expense of the Special Olympics, would you have approved?

15. If a previous president had given Gordon Brown a set of inexpensive and incorrectly formatted DVDs when Gordon Brown gave him a thoughtful and historically significant gift, would you have approved?

16. If a previous president had given the Queen of England an iPod containing audios of his speeches, would you have thought it a proud moment for America, or that a narcissist occupied the White House?

17. If a previous president had bowed to Kings of third world countries while on an apologetic tour, would you have approved?

18. If a previous president had visited Austria and made reference to the nonexistent “Austrian language,” would you have thought it a minor slip?

19. If a previous president had filled his cabinet and circle of advisers with people who don’t pay their own income taxes, would you have approved?

20. If a previous president had said there were 57 states in the United States, wouldn’t you have been shocked?

21. If a previous president would have flown all the way to Denmark to make a five minute speech about how the Olympics would benefit him walking out of his front door in his home town, would you not have thought him a conceited, egomaniac?

22. If a previous president had been so Spanish illiterate as to refer to “Cinco de Cuatro” in front of the Mexican ambassador when it was the fourth of May (Cuatro de Mayo), and continued to flub it when he tried again, would you have not been embarrassed?

23. If a previous president had burned 9,000 gallons of jet fuel to go plant a single tree on “Earth Day,” would you have concluded he’s a hypocrite?

24. If a previous presidents’ administration had okayed Air Force One flying low over millions of people followed by a jet fighter in downtown Manhattan that caused widespread panic, would you have thought him insensitive and clueless about what actually happened on 9/11?

25. If a previous president had created the position of 45 Czars who reported directly to him, bypassing the House and Senate and usurping the Constitution, would you have ever approved?

26. If a previous president had ordered the firing of the CEO of a major corporation, even though he had no constitutional authority to do so, would you have approved?

27. If a previous president had spent nearly $2 million dollars hiding his identity all the way back to his childhood, would you have been suspicious?

28. If a previous president had been raised a Muslim, spent more time living abroad in Islamic countries than he did in the United States, hung out with terrorists, and attended a hate church for 20 years, would you have not thought him brainwashed?

29. If a previous president had received a Nobel Peace Prize for nothing more than out campaigning his competitors, would you have thought him the laughing stock of recipients?

30. If a previous president had ordered a botched illegal gun running operation that resulted in American arms winding up in the hands of foreign drug cartels who in turn murdered Americans, would he have not had blood on his hands and been ordered to resign?

31. If a previous president had released a fraudulent long form birth certificate and was factually proven ineligible to even be the president whether he was born on American soil or not, would you have not demanded impeachment?
If any of this was done by George W. Bush the Main Lame Stream Media would have been their top story for weeks if not months.

Remember this:  Franklin Delano Roosevelt inherited a real economic mess.  Never once during his administration did he, his advisors or members of the Democratic Party ever try to push the blame of a slow economic recovery on Herbert Hoover.  In fact they went out of their way not to.

Remember all of this on Election Day, Tuesday, November 6th, 2012 when you are in the voting booth and wondering who to vote for.












Saturday, October 15, 2011

A Chicken In Every Pot, A Car In Every Garage, A Government Job For Every Worker.

This is the the new campaign slogan for the Obama Regime.  That is if Congressman Jesse Jackson Jr. (D Ill) has his way and can get his bill passed.


Rep. Jesse Jackson Jr. has offered his own $804 billion jobs plan that calls on the federal government to hire the nation’s 15 million unemployed Americans for jobs paying roughly $40,000 each, and bail out all the states and cities facing budget crises.

In an interview with the Daily Caller on Wednesday, the Illinois Democrat applauded President Obama for directing his staff to greenlight job-creating initiatives without congressional approval after his $447 billion jobs bill was defeated in the Senate this week.

“Now we’re making some progress,” Jackson said, comparing the legislative gridlock in Congress to the states that seceded from the union during the Civil War.

"We've seen Congress is in rebellion," he said, "determined to wreck or ruin at all costs."

Jackson said the government’s direct hiring of the nation’s 15 million unemployed Americans would cost $600 billion.

“It could be a five-year program,” he said. “For another $104 billion, we bail out all of the states. For another $100 billion, we bail out all of the cities.”

“We put people to work cleaning up communities. We put people to work through a civilian conservation corps, through a Works Progress Administration because the hour demands it,” he said.

“And as more people work, they pay taxes, they pay taxes into the 4th quarter, they buy wares, they buy homes, they meet their obligations and our economy begins to work its way out of this protracted recession,” he continued. “That’s the only way out of this crisis. And I hope the president begins to continue to exercise extraordinary constitutional means based on the history of Congresses that have been in rebellion in the past.”

But not everyone is convinced that Jackson's plan would work. Even a fellow Democrat has criticized it.

“In Rep. Jackson’s entire congressional career, he has never introduced a single jobs bill,” Debbie Halvorson, who is challenging Jackson in the Democratic primary, said in a written statement. “Now, he’s calling on the president to suspend the Constitution? As a representative of the people, you don’t give up when you hit a roadblock and throw the Constitution out the window – you keep working to get something done."

Source
Why bother even creating fake jobs, why not just give the 15 million people $40,000 out right.  No need to ask people to suck on the government teat.  No need to spend at least $804 billion a year.  If you bail out the states, the cities will that make them cut needless spending?  NO.  Will that make them take responsibility for their spending?  NO.  Will that help them to become more fiscally responsible?  NO.  All it will do is tell the mayors, the governors spend to your heart's content and don't ever worry.  Big Federal Government will always be there to bail you out.

What people want are real jobs, not slavery to the Democratic Plantation.  In their effort to increase Democratic voters they will destroy what is left of our Constitution.  This is one idea, one bill that has to be defeated.  The idea of a job, any job will be too tempting to many people.