Posted tagged ‘Labor Force Participation Rates’

Must Reads For The Week 10/17/15

October 16, 2015

Kia is “pushing back on the frontier of ignorance”. Great Job Kia.

Dad fixes sons participation trophy.

Mom has clear vision of reality.

The Disgusting Corruption Of America’s Political Class, by Dan Mitchell, at freedomandprosperity.org. It may be disgusting but is perfectly reasonable when you consider the incentives. As Government increases its power, people will pay politicians to protect themselves from government regulation, or bribe politicians so they will keep competition our.

Fed’s Fisher Says 2015 U.S. Rate Rise ‘An Expectation Not A Commitment, at economicpolicyjournal.com. The Fed has been talking tough about an interest rate hike for the past year but have failed to pull the trigger. This shows how weak they think the U.S. economy is. The interest rate hike always seems to disappear like a mirage in a desert as you walk toward it.

Labor Force Shrinks, The Fed Has No Strategy, by Ryan McMaken, at mises.org. There are 94 million people of working age not in the labor force. This is 15 million fewer people working than were working in 2008. How can an economy be growing or healthy if fewer people are producing? The Feds only answer for a bad economy is to lower interest rates. Where do they go from zero percent? Negative interest rates?

One True Measure Of Stagnation: Not In The Labor Force, by Charles Hugh Smith, at oftwominds.com. This is a slightly different look at labor force participation in the US. Here is an excerpt from the article. “Heroic efforts are being made to cloak the stagnation of the U.S. economy. One of these is to shift the unemployed work force from the negative-sounding ‘jobless’ category to the benign-sounding ‘Not in the Labor Force’ category.”

According To Bernanke, This Was The “Biggest Impact Of QE“, at zerohedge.com. Bernanke said the biggest impact of QE was job creation. I think he needs to look at the work force participation rate chart that is on the Federal Reserve’s own website.

We All Know What Unions Don’t: Their History, by Amy Otto, at thefederalist.com. The Uber economy will make unions more extinct than the dinosaur that they already are.

Would-Be Killers Target Gun-Free Zones, by John Lott, at philly.com. HT libertypenblog.blogspot.com. Gun free zones are dangerous. From the article. “Since at least 1950, all but two public mass shootings in America have taken place where general citizens are banned from carrying guns.

Fortune 500 Firms In 1955 vs. 2015; Only 12% Remain Thanks To The Creative Destruction That Fuels Economic Prosperity, by Mark J. Perry, at carpediemblog. The consumer is the ultimate judge on whether a company remains survives.

 

 

 

 

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Must Reads For The Week 1/11/14

January 11, 2014
The pen is mightier than the sword...

The pen is mightier than the sword… (Photo credit: mbshane)

The Forgotten Man (“The War On Poverty” Edition), by Chris Rossini, at economicpolicyjournal.com. The 50 year anniversary of the war on poverty begs the question: how much could have been produced, (including jobs) with all the money spent to fight the war on poverty?

NY Fed President Warns: We Have No Idea If We Will Be Able to Smoothly Unwind the Trillions In Excess Reserves if That Money Starts to Hit the Economy, at economicpolicyjournal.com. Look at the chart of all the electronically printed counterfeit money the Fed has printed since the “08” crisis. This money is blowing up the stock market bubble, it certainly isn’t creating jobs, as the chart in the article below shows.

People Not In Labor Force Soars To Record 91.8 Million; Labor Participation Rate Plunges To 1978 Lows, at zerohedge.com. These charts show the truth about unemployment. The unemployment rate dropping to 6.7% is meaningless outside of politics. A majority of the jobs created last month weren’t full-time, as the chart in the post below shows.

More Than Half Of December Jobs Added Were Temporary, at zerohedge.com. If fewer people are working, and the people with jobs are working fewer hours, are we consuming more than we are producing? Are we reaching the tipping point.

The Real Unemployment Rate, at zerohedge.com. People who aren’t looking for work are not counted as unemployed. I guess the unemployment rate depends on who you count as unemployed. This article shows more of what we are talking about in the previous articles.

Fed’s Jeff Lacker Admits “Asset Bubble”, And Reluctance To Pop It, at zerohedge.com. This isn’t the first time Lacker couldn’t bite his tongue before the truth slipped out. Read Here.

The Most Popular Political Party In America Is…, by Larry Krieger, at Liberty Blitzkrieg Blog, via zerohedge.com. The charts in this article show the increase of people identifying themselves as independents, while identification with the Republican and Democrat parties shrink. The information age is cutting into the monopoly that Government propaganda sources, like the mainstream media and the education system, have enjoyed for decades. The progressive central planners in both parties are starting to lose their advantage and won’t go quietly. The argument for individual liberty is winning.

The United States Of Shame – What Is Your State Worst At?, at zerohedge.com. I think I want to move to Idaho.

The Dumbest New Ban In 2014: Incandescent Light Bulbs, by Nick Gillespie and Todd Karinan, at reason.com. GE, Sylvania, and Philips went to Government to rig the market for their new more expensive CFLs when consumers decided they didn’t want to purchase these light bulbs. Crony capitalism at its finest.