kitler53 said:
there is no way to prove what the "real" unemployment is and really it doesnt' even matter because the definition hasn't changed ... the "real" unemployment has always and forever been higher than the reported unemployment. that's a real great conspericy theory you've got there but my company has gone from a hireing freeze to laying off about 10% of the company to no hiring almost 10% above the pre-economic-collapse levels. and we're doing that because there is increased consumer spending to justify the work. like it or not things are turning around. it might not be better for you personally as you said you have given up looking for a job and therefore must be unemployed but as a whole things are starting to look up. |
Oh, i would love to see things actually turning around, but one company hiring due to demand is not unheard of. But remember, what caused this entire collapse in the first place? Banks and the Fed. Every day more and more banks are going under. Last report I've seen, since January about 150 banks collapsed. Government spending is also on the rise with continued wars. Even if we used Raud Paul's 500 billion dollar cuts to the budget, even though all the cuts would destroy the middle class, we would still be grossly overspending and will never be able to pull profit again.
The government is also pumping another $600 billion dollars into the world, making our dollar ever so worthless. The drives up prices on everything. Standards of living decline as prices rise, and also effect demand. The disaster in Japan is also hurting us directly. Other than all the auto manufacturers that I listed effected, Canon, Apple, Panasonic, Sony, and several others have also closed their US production plants for cameras, TVs, and other devices.
Lets ignore the unemployment currently, and look at things from the bigger prospective. The world reserve is considering switching back to the gold standard, several states are minting their own currencies and saying f the fed, Utah has just announced the use of gold and silver as currency, and the US government is basically bankrupt with its only saving grace being that we control the world reserve currently until the IMF drops the dollar like they did the British Sterling. The states that are switching to their own currencies and allowing true free-trade while allowing gold to be used as currency have the greater chances of surviving the crash that we are going to have within the next year or two. Financial analysts from all of the world have laughed at our federal reserve agents who keep telling them the US dollar is sound. Even China has been selling off their stock piles of US dollars for the Yuan, Euro, and Gold.
Now how bad do you think things are going to get when the US dollar's only use is wiping your rear? Unemployment is going to skyrocket. The great depression will look everything was a-ok.