Below, you’ll find the Reasoning & Rationale to what we call a Bill-Request. Once certain milestones are met, as defined HERE, lawyers will be called upon to draft what will then become a Bill-Demand to Congress and the President.
First published in 2015. Then updated.
Here’s a little bit about how the U.S. Bureau of Labor Statistics goes about calculating America’s unemployment rate…
- If you worked only one hour in the month, let’s say walking your neighbor’s severely constipated dog so it could take a much-needed crap, and you got paid ten bucks in total for that one lousy hour you worked that whole month, you’re counted as employed
- If every now and then you sell some trinkets on eBay, a few even to Grandma and her gal-pals who play Bridge out on a porch for what they call “Girls Night Out”, you’re counted as employed
- If you got a degree in something that sounded good at the time, and can’t find work more than 1 day a week — even though you are willing and wanting to work 7 days a week to get the heck out of your parents’ basement and the sounds of them ‘romancing’ upstairs — you’re counted as employed
- If after a whole lot of trying and failing to find a job, you decided the only way to pay your bills was to feign permanent back-pain and file for physical disability income from the government, despite knowing you could out-bench-press everyone at the gym, including the muscled-up Uzbekistani guy who had to be on steroids, you are NOT counted as unemployed
- If after a whole year of trying, the last month you gave up looking for a job, you are NOT counted as unemployed
- If after a whole lot of trying to get a job and failing, you’d gone back to school to improve your chances the next time, whenever that might be, with the certainty of a ton of new debt piled on at the end of that schooling — you are NOT counted as unemployed
- if you can’t afford a telephone to get called by the Labor Department regarding your status, or you hang out on the streets mostly, homeless sometimes or all the time, because you completely gave up looking for a job long ago, heck the Bureau of Labor Statistics does not even want to see you, much less count you
All in all, makes the Bureau of Labor Statistics’ abbreviation, B.L.S., somewhat appropriate, for how much bull manure it produces.
Also makes 2015′s 5-some-percent and 2016’s & 2017’s 4-some-percent unemployment rate, published by the U.S. government, about as credible as the 4-some percent unemployment rate reported by communist North Korea, where (by the way) wonderful jobs are in absolute abundance in the country’s great many forced labor camps.
By the start of December 2016, the Obama Administration and its extensions in the mainstream media (which was just about everyone) celebrated a 4.6% unemployment rate for November 2016. A record 95,055,000 Americans were not in the labor force that November — 446,000 more than the number reported the month prior, October, taking the labor participation rate down a tenth of a point to 62.7%, a multi-decade low and a level not seen since those times, long bygone, of wages being high and cost of living being low, when many millions of women had the luxury of volunteering to be homemakers instead of workers, a luxury that kept the participation rate low, back then.
We disagree with Jamie Dimon, the CEO of JP Morgan Chase, on a whole host of things. For example, he’d say that the Wall-to-Main Street relationship is symbiotic, but we’d say it’s parasitic. He’d argue that what’s good for the megabanks is good for the average Joe and Jane, and we’d argue the opposite. However, the following statement by Mr. Dimon, in 2017, is one of those rarities we agree with him on, unanimously:
Labor force participation in the United States has gone from 66% to 63% between 2008 and today. Some of the reasons for this decline are understandable and aren’t too worrisome – for example, an aging population. But if you examine the data more closely and focus just on labor force participation for one key segment; i.e., men ages 25-54, you’ll see that we have a serious problem [because] the participation rate for that cohort has gone from 96% in 1968 to a little over 88% today. This is way below labor force participation in almost every other developed nation.
If the work participation rate for this group went back to just 93% – the current average for the other developed nations – approximately 10 million more people would be working in the United States. Some other highly disturbing facts include: 57% of these non-working males are on disability, and fully 71% of today’s youth (ages 17–24) are ineligible for the military due to a lack of proper education (basic reading or writing skills) or health issues (often obesity or diabetes).
The Feb 2017 jobs report had its own share of hoopla. Unmentioned in the household survey’s ‘treasure trove’ of awesome job creation, were the inconvenient truths that 150,000 of the jobs created were essentially part-time-no-benefits, and 260,000 of the jobs created were the result of multiple job holdings, meaning: someone who had to work 3 part-time jobs in February, in order to make ends meet for his or her struggling household, since the 2 part-time jobs he or she had in January didn’t cut it, had — by his or her own suffering — unwittingly given B.L.S. a reason to rejoice in the invention of 1 more new job created.
On a real (unadjusted) basis, multiple job holders reached a record 8.1 million that February, a half-million climb from the February a year before, the highest to date in the new millennium.
Out of the 6.735 million net jobs purportedly added in 2008 thru 2016, 6.3 million jobs got added by means of a Birth-Death model the BLS deploys to ‘manufacture’ jobs created by businesses born vs businesses dying.
According to the BLS: in the depths of the 2008-2009 recession, 1,786,000 net new jobs were were somehow created by new business formation. Must’ve been a miracle, by the Job God up above.
How to get the ‘deadweight’ — of people who can’t find jobs — off the unemployment radar… Give them student loans (that many will not be able to repay) to go to school and thus be off that radar… see this CHART of Obama dishing out student loans like cotton-candy, for that.
How to be a Hypocrite-in-Chief… After lambasting his predecessor for creating fake jobs for years, in 2017 testosterone-rich Trump began to trumpet his own make-believe job stats, while men aged 25 to 54 were increasingly less represented in the job market than at the end of the Great Depression in 1939.
Petty politics aside, there is a tremendous human cost, and an unreported one, to the deceptive product the Bureau of Labor Statistics puts out, that the mainstream media propagates, and that human cost is this: with the President, on down, crowing how low unemployment is, men (especially) who cannot find any work, or enough of it to pay the bills, are being stigmatized, often ostracized, by immediate and extended members of their families, leading to loss of self-faith and erosion of self-worth in these formerly proud heads of the household, leading to emotional depression and thoughts (sometimes acted upon) of suicide.
America’s opioid addiction is on a tear since 2008 largely because of families breaking up as the result of rising financial and personal insecurity. We can thank megabankers and their subservient government officials for that.
In conclusion, BLS’s charade cannot go on. So far neither Democrat nor Republican wants to put an end to the jobs-data propaganda. But that will all change after Nov 6 2018. Just a few new members of Congress, from our movement, will see to it.
You’ve just read the short description to the Reasoning & Rationale for this Bill-Request. If that’s enough for you to vote in support of it, please do. If there’s more you’d like to have to make up your mind, then you’ll find the long description HERE.