View Single Post
Old 05-10-2019, 09:14 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by Rochard View Post
This morning I watched an interview on the news where a soybean farmer has been unable to sell his soybean crop for two years. He is now fully depending on the government to survive.

The Republican party is stunning. Heaven forbid if someone falls on hard time and needs $20k of green stamps to feed their family, but if a farm needs $1.2 million to get by we'll shell out billions without batting an eyelid.
Governments around the world are shelling out $trillions because of people losing their jobs.

https://www.forbes.com/sites/forbesh.../#21ac37171aee

Quote:
For example, in January 2019, the seasonally adjusted U3 rate was 4.0%, while U6 was 8.1%. But how does that translate into numbers of workers? According to BLS figures from February, U3 accounted for about 6.2 million unemployed workers (3.8%); U6 was 11.9 million workers (7.3%).
12 million people needing your money to survive, 12 million people not paying taxes.

Look at Europe, where we have a more honest way of counting the unemployed.


Czech is doing great, we're sending our un-needed workers to Germany, UK, etc and getting their businesses.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote