Unemployed UNDER our Bridges & NOT counted

The following (excerpted) article does reveal many truths for those “who can see” and for those “who can hear” and for those “who can understand.”

Namely, if one counted a decent percentage of the 88,000,000 Americans (noted in paragraph two below) who are without a job, say 20% or 14,080,000, in the number of Americans that are unemployed, THE real unemployment numbers are probably over 35%.  I offer 20% as a quite realistic number, because a large number of these 88,000,000 Americans obviously don’t want a job.  

At least, 5,000,000 are on the dirty cheap "Satan's Dust" that I do bemoan and  decry in the last two paragraphs of this Blog.

We can never be certain about the actual numbers of distressed Americans, BUT all of us all over this OGCC (Once Great Christian Country) do see the evidence every day of the ‘Lost Americans.’

The ‘Lost Americans’ are under our bridges, in our parks and on the byways and the roadways and the highways. The ‘Lost Americans’ are ignored, scorned; they are lost, forlorn, unwashed, uncared for; and they have no home, no job and no hope and apparently in this OGCC nobody cares anymore.

On their behalf, I do offer, gratuitously in today’s blog, what I do emphatically emphasize in our Market Reviews and Quarterly updates:  namely, you in the Marketing and Advertising world could GREATLY leverage your company’s profile by entering the campaign to right the wrong of these forgotten Americans, many of whom are the lost generation of Veterans of Vietnam and Desert Storm who were horrifically affected physically and mentally by their experiences.

And quite unfortunately they will be joined by tens of thousands of new Veterans of our latest illegal wars that are bankrupting this OGCC – IMO.  The illegal misadventure of these new illegal wars do exceed the illegal and costly and stupid Vietnam adventure.

AND the False “Gulf Of Tonkin Incident” and the Pentagon Papers prove that to be true for Vietnam and NO ‘WMD’ in Iraq, do prove that to be true for Iraq and I am sure the facts will prove that to be true for every other illegal war that is now apparently on the books.

Incidentally, whatever you might think about the mess in Afghanistan, the Taliban had snuffed out the Opium trade. BUT, the opium trade is now a MULTI Billion Dollar business and the cheap heroine is killing our youth on our streets of ALL of our big cities.

In fact, the now extra cheap dirty stuff of the newly revivified Opium trade sourced from Afghanistan is even here on the streets of Sarasota!

Does anyone care about that!!!!

Jobless Decline Masks Drop in U.S. Labor Force

Bloomberg: By Alex Kowalski - Feb 8, 2012 9:50 AM ET

“The unemployment rate’s unexpected drop to a three-year low has overshadowed a less-positive labor- market development: fewer Americans are looking for work.

… The same report showed the share of working-age people in the labor force had declined to the lowest level in 29 years.

The so-called participation rate was cited by Federal Reserve Chairman Ben S. Bernanke yesterday to support his assessment that the rate of unemployment obscures vulnerabilities in the job market. Bernanke, speaking to the Senate Budget Committee, confirmed the Fed’s stance that interest rates will stay low at least through late 2014, and repeated his view that the job market is a “long way” from returning to normal. …

Missing Workers

The Labor Department last week boosted the count of the U.S. working-age population by 1.51 million people based on findings from the 2010 Census. Of those, 1.25 million, or 83 percent, weren’t in the workforce, the data showed.

….The jump in the count of those not in the labor force caused the participation rate to drop to 63.7 percent last month, the lowest since May 1983. About 88 million Americans aged 16 years or older didn’t have a job and weren’t trying to find one, the new data showed.

The unemployment rate, which only counts people who say they are actively looking for work, would be higher if some of those sought employment.

Bernanke’s View

“It is very important to look not just at the unemployment rate,” Bernanke said in response to questions during yesterday’s hearing. “The 8.3 percent no doubt understates the weakness of the labor market in some broad sense.” Some people are leaving the workforce because they can’t find jobs, and others are taking part-time jobs because they can’t find full- time employment, he said. …

Older and Younger

A breakdown of the new Census numbers helps explain why the participation rate is even lower than previously estimated. About 1.29 million of the gain in the working-age population came from those 55 years and older, while another 521,000 were 16 to 24 year-olds, two groups that traditionally have lower participation rates. ….

Monetary Policy

The argument for how long the Fed should maintain stimulus hinges on whether policy makers view the drop in participation as a long-lasting shift in demographics, or a shorter-term shock that will soon be reversed. Monetary policy is aimed at cushioning the economy from temporary shifts.

A research paper published Feb. 1 by economists at the Federal Reserve

… “We’re very depressed relative to normal trend levels in terms of employment and output,” Michael Darda, chief market strategist at MKM Partners LP, said in a Feb. 6 interview on Bloomberg Television…”