Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force

[thereisnospoon]

You should read up on how it's determined that people are not in the labor force:

AmosWEB is Economics Encyclonomic WEB pedia

Here comes the bullshit..
Hey genius...Out of the workforce means exactly that....There's no getting around it. No amount of spin or obfuscation is going to hide the facts.

 

[thereisnospoon]

Great thread, G!! Drives libs nuts to point out why the U-3 numbers are superficial.

U-6 is down to 11.8 which is the lowest since October of 2008.

Of course. Because unemployment figures calculate the number of available workers vs the number of jobs held.
If the pot is smaller, it does not mean there are more vegetables in the soup.

 

[DigitalDrifter]

Right before the '12 elections, the employment rate got below the magic # of 8%. Isn't it interesting that the rate manages to now get below 6% right before the '14 elections.
Funny how that works.

 

[Mr. H.]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

Not sure.

Maybe they support all those "out of the labor force" folks.

 

[Missouri_Mike]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

 

[Mr. H.]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

If Obama "inherited" such a mess of an economy, that graph would be reversed - showing 46 million on food stamps in '07. PLUS, if Obama has done such great things for this economy, that graph would show 26 million on food stamps today.

This is how fucked up Liberal logic is.

 

[Missouri_Mike]

Right before the '12 elections, the employment rate got below the magic # of 8%. Isn't it interesting that the rate manages to now get below 6% right before the '14 elections.
Funny how that works.

Amazing isn't it? Funny how the numbers needed just kind of magically happen without any real economic improvement you can see or feel. Oh, that's what obie meant when he said the people just aren't feeling it, it's not there, fake feel good numbers for the stupid.

 

[Missouri_Mike]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

If Obama "inherited" such a mess of an economy, that graph would be reversed - showing 46 million on food stamps in '07. PLUS, if Obama has done such great things for this economy, that graph would show 26 million on food stamps today.

This is how fucked up Liberal logic is.

He obviously inherited a number on welfare that wasn't high enough and has done everything he can to correct that.

 

[Billy000]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

Not sure.

Maybe they support all those "out of the labor force" folks.

It's a mixture of both if you bothered to educate yourself on the actual facts. The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

 

[Billy000]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

 

[Mr. H.]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

Not sure.

Maybe they support all those "out of the labor force" folks.

It's a mixture of both if you bothered to educate yourself on the actual facts. The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Thank you for that. Now I understand why minorities have such large families.

 

[eagle1462010]

Been dropping for 15 years

Never seemed to matter when it dropped during 8 years of Bush. But since unemployment dropped below 6% today, Republicans need a new economic factor to harp on

Why has it been dropping? What is your solution?

 

[Missouri_Mike]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

 

[Billy000]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

Not sure.

Maybe they support all those "out of the labor force" folks.

It's a mixture of both if you bothered to educate yourself on the actual facts. The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Thank you for that. Now I understand why minorities have such large families.

Now I understand why you're an idiot. You're a pathetic racist.

 

[Billy000]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

The point is, if there is an undisclosed alternate source of income, who can blame them?

Here's a solution. Raise the minimum wage to a liveable wage that has also kept up with inflation. Less people would be on food stamps and they would pay taxes.

Everybody wins.

 

[eagle1462010]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

The point is, if there is an undisclosed alternate source of income, who can blame them?

Here's a solution. Raise the minimum wage to a liveable wage that has also kept up with inflation. Less people would be on food stamps and they would pay taxes.

Everybody wins.

Do they as prices rise with your solution? And if they do what have you solved? The answer is to create jobs and stop destroying the value of the dollar............by a Gov't that can't keep spending........and a nation that allows Free Trade.

 

[Mr. H.]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

The point is, if there is an undisclosed alternate source of income, who can blame them?

Here's a solution. Raise the minimum wage to a liveable wage that has also kept up with inflation. Less people would be on food stamps and they would pay taxes.

Everybody wins.

Rather than raise the minimum wage, why not foster a climate of economic growth and get those 45 million people off the dole and back into the workforce. Bush obviously had a formula and Obama proceeded to reverse it. My graph proves it.
Obama has driven dollars to Wall Street and away from Main Street.

 

[Rikurzhen]

With incentives like this, why work...

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

The point is, if there is an undisclosed alternate source of income, who can blame them?

Here's a solution. Raise the minimum wage to a liveable wage that has also kept up with inflation. Less people would be on food stamps and they would pay taxes.

Everybody wins.

Here's a better solution - deport 20 million illegal infiltrators. That will create millions of job vacancies. Employers will have to raise wages to draw American workers into these postilions. The increased wages will draw discouraged workers back into the labor force.

That's how AMERICANS win.,

Your minimum wage solution creates some winners who get higher wages but it also creates more losers who get displaced out of the labor force and onto the dole, thereby supported by the rest of society.

Getting rid of 20 million infiltrators would create Christmas morning types of gifts for job-hunters. What's the problem? The infiltrators are not Americans, they're invaders. Show your loyalty to Americans first.

 

[Mr. H.]

Our nation is saturated with tens of millions of illegally-present persons.

Why? Well, ask Obama.

 

[Billy000]

So you think the 75 billion a year spent on food stamps is supporting all or most of these unemployed people?

What else is? Do the unemployed food stamp recipients have some alternate income we have never discovered before? Other than unemployment and other welfare benefits do they have? Every dollar they get is a government subsidy. And 78 billion doesn't even come close to what they are getting over all.

The average income of a household on food stamps is $766 a month. The average household on food stamps receives $133 a month. 76% of households on food stamps has at least one dependent living in the home. These people receive 83% of all food stamps funding.

Most people receiving welfare are only one welfare program. Very few are on two.

And you think you have disproved my point how?

The point is, if there is an undisclosed alternate source of income, who can blame them?

Here's a solution. Raise the minimum wage to a liveable wage that has also kept up with inflation. Less people would be on food stamps and they would pay taxes.

Everybody wins.

Do they as prices rise with your solution? And if they do what have you solved? The answer is to create jobs and stop destroying the value of the dollar............by a Gov't that can't keep spending........and a nation that allows Free Trade.

Well see this is where you cons have trouble with nuance. The increase in price would depend on the wage. If we raised it to 10.10 as Obama proposed, the price increase would be pennies on the dollar. Why? Because over time the prices would stay down because raising the wage would mean a huge increase in economic demand. This increase would not only keep prices down but it would also create millions of iobs over time. Much more than the jobs that would be initially lost. The fact that you think this would devalue the dollar is a demonstration of complete ignorance.