Did you know
that the percentage of the U.S. labor force that is employed has continually
been falling since 2006 according to the Bureau of Labor Statistics?
Did you know
that the increase in the number of Americans “not in the labor force” during
Barack Obama’s first four years in the White House was more than three times
greater than the increase in the number of Americans “not in the labor force”
during the entire decade of the 1980s?
The mainstream
media would have us believe that 157,000 jobs were added to the U.S. economy in
January. Based on that news, the
Dow broke the 14,000 barrier for the first time since October 2007.
But if you
actually look at the “non-seasonally adjusted” numbers, the number of Americans
with a job actually decreased by 1,446,000 between December and January. But nowhere in the mainstream media did
you hear that the U.S. economy lost more than 1.4 million jobs between December
and January.
It is amazing
the things that you can find out when you actually take the time to look at the
hard numbers instead of just listening to the media spin. Back in 2007, more than 146 million
Americans were employed. Today,
only 141.6 million Americans are employed even though our population has grown
steadily since then.
When the
government and the media tell you that we are in a “recovery” and that
unemployment is lower than it was a couple of years ago, I encourage you to dig
deeper. The truth is that even the
government’s own numbers tell us that the percentage of the U.S. labor force
that is employed continues to fall and that the U.S. economy is heading into a
recession.
The Obama
administration and the media have been lying to you about unemployment and about
the true condition of our economy.
After you see the numbers that I have compiled in this article, I think
that you will agree with me.
First of all,
let’s take a look at the percentage of the civilian labor force that has been
employed over the past several years.
These numbers come directly from the Bureau of Labor Statistics. As you can see, this is a number that
has been steadily falling since 2006…
2006:
63.1
2007:
63.0
2008:
62.2
2009:
59.3
2010:
58.5
2011:
58.4
In January, only
57.9 percent of the civilian labor force was employed.
Do the numbers
above represent a positive trend or a negative trend?
Even a 2nd
grader could answer that question.
So how in the
world can the Obama administration and the mainstream media claim that the
employment picture is getting better and that we are in a
“recovery”?
But most
Americans believe what they are told.
It is almost as if we are in some kind of a “matrix” where reality is
defined by the corporate-controlled propaganda that is relentlessly pumped into
our brains.
The only way
that the government has been able to show a declining unemployment rate is by
dumping massive numbers of Americans into the “not in the labor force”
category.
Just check out
how the number of Americans “not in the labor force” has absolutely skyrocketed
in recent years…
2006:
77,387,000
2007:
78,743,000
2008:
79,501,000
2009:
81,659,000
2010:
83,941,000
2011:
86,001,000
In January,
there were supposedly 89,868,000 Americans that were at least 16 years of age
that were not in the labor force.
That number has
risen by more than 8 million since Barack Obama first entered the White House,
and that is highly unusual, because the number of Americans “not in the labor
force” only increased by2,518,000 during the entire decade of the
1980s.
You sure can get
the numbers to look more “favorable” if you pretend that millions upon millions
of American workers simply “don’t want a job” any longer. The truth is that if the labor force
participation rate was at the same level it was at when Barack Obama was first
elected, the official unemployment rate would be well above 10
percent.
But that
wouldn’t do at all, would it? 7.9 percent sounds so much
nicer.
And of course
even if you do have a job that does not mean that you are doing
okay.
If you can
believe it, in America today 41 percent of all workers make $20,000 a year or
less.
To me, that is a
mind blowing statistic. It would be
incredibly challenging for anyone to live on $20,000 a year, much less try to
support a family.
If you live in
Washington D.C. or New York City and you have a “good job” working for the
establishment, you may not realize it, but there are tens of millions of
American families that are really hurting out there.
According to the
U.S. Census Bureau, more than 146 million Americans are either “poor” or “low
income” at this point, and most of those people actually do have
jobs.
For much more on
the “working poor” in the United States, please see my previous article entitled
“35 Statistics About The Working Poor In America That Will Blow Your
Mind“.
If something is
not done, the middle class will continue to disappear and poverty in America
will continue to explode.
In a previous
article, I noted that during Obama’s first term, the number of Americans on food
stamps increased by an average of about 11,000 per day. How bad do things have
to get before people realize that we are living through a
nightmare?
Sadly, most
Americans still have faith in the system. Most Americans are still convinced
that our politicians will somehow find a way to turn things
around.
Most Americans
will gather around their television sets this weekend and watch the Super Bowl
and laugh at all the funny commercials without even thinking about how America
is literally falling apart all around them.
But there is one
group of Americans that is acutely aware of how bad things have really
gotten. Small businesses have
traditionally been the primary engine of job growth in this country, but right
now small business owners all over the nation are facing a tremendous
crisis.
Millions of
small businesses are on the verge of extinction, and yet our politicians just
continue to pile on more taxes, more rules and more
regulations.
A recent Gallup
poll found that 61 percent of all small business owners in America are “worried
about the potential cost of healthcare”, and that an astounding 30 percent of
all small business owners in America are not hiring and fear that they will go
out of business within the next 12 months.
In a previous
article entitled “We Are Witnessing The Death Of Small Business In America“, I
detailed how small businesses in America are being systematically wiped
out. Small businesses are dying all
around us, and the number of new small businesses continues to
decline.
According to
economist Tim Kane, the following is how the decline in the number of startup
jobs per one thousand Americans breaks down by presidential
administration…
Bush Sr.:
11.3
Clinton:
11.2
Bush Jr.:
10.8
Obama:
7.8
Is that a good
trend or a bad trend?
All of this is
so simple that even the family pet should be able to figure it out, and yet most
Americans seem oblivious to all of this. They just keep gobbling up the
mainstream media propaganda and they just continue to go out and wildly spend
money.
It is almost as
if we didn’t learn any lessons from 2008.
Even while
household spending in Europe has moderated, household spending in the United
States continues to soar.
And guess
what? The infamous “no money down
mortgages” are back. If we wait
long enough, perhaps “interest only mortgages” will make a comeback as
well.
Unfortunately, I
am afraid that time is running out.
We have been living in the biggest debt bubble in the history of the
world, and it is only a matter of time until it bursts.
2008 was just a
“hiccup” compared to what is coming.
Our politicians and the Federal Reserve were able to keep the house of
cards from completely crashing down back then, but they are not going to be able
to avert the economic horror show that is rapidly
approaching.
I hope that you
are getting prepared. Back in 2008,
millions of Americans suddenly lost their jobs, and because many of them did not
have any savings, many of them suddenly lost their homes. One of the most important things that
you can do to prepare for the coming crisis is to build up an emergency
fund. If things suddenly go bad,
you don’t want to lose your house and everything that you have always worked
for.
In addition,
anything that you can do to become more self-sufficient and more independent of
the system is a good thing, because the system is failing. The years ahead are going to be much
more chaotic than what we are experiencing right now, and when the next crisis
strikes you will be very thankful for the time and the energy that you put into
preparing.
So what are all
of you seeing in your own areas? Are businesses shutting down? Are people having
a hard time finding good jobs?
AHT/ARA
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