SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (754117)11/22/2013 1:39:50 PM
From: Sdgla  Respond to of 1575641
 
The Obamamas of the world rely on economic illiterates like u and jelly in order to stay in power. IQ tests will eventually be needed prior to receiving the ability to vote in national elections in order to repair the damage done from the decline of voter IQ in this country.



To: tejek who wrote (754117)11/24/2013 7:34:09 AM
From: RetiredNow2 Recommendations

Recommended By
steve harris
TideGlider

  Read Replies (2) | Respond to of 1575641
 
TWo things to keep in mind. Hiring in Oct, Nov, and Dec, always spikes up for seasonal Holidays. The other thing is that the Labor Force decline in October, which is why the Unemployment Rate looks like it improved. Labor Force Participation is still declining.

The bottom line is the ratio of workers to non-workers is declining and that is very bad for the future of this country, because that means more people getting money from the government and fewer paying into the system. Just how sustainable is that? No matter how many lies we tell ourselves through the Unemployment Rate's bogus declines, the fact is that the structural decline in the number of people earning money instead of receiving welfare is going to kill our government's finances. In addition, the Keynesian policies responses of money printing and endless stimulus will destroy our currency and open the door for China and others to increase their share of the world's markets and take our currency reserve status. When that happens, we're really screwed, because we won't be able to print money and borrow endlessly anymore. Then we'll be forced to go through what Greece is going through.

The bottom line is that in 2009, if we had designed a plan to destroy the finances and economy of this country, then the actions we have taken since then have conformed to that plan alarmingly well. We've made every mistake possible.