Jobs Report

[richardhutnik]

mrstickball said:

Lostplanet22 said:

Kasz216 said:
Oh jeez.... what's even more depressing is...

Unemployment going down has NOTHING to do with people going to work. It went down from 10.1% to 9.3% because people gave up looking for jobs.

The jobs added actually aren't even keeping up with population growth...

http://www.dailyfinance.com/2011/07/06/hard-facts-america-economic-recovery/

Yeah USA needs a job growth of 200.000-300.000 jobs a months on average ofcourse to atleast stabilize the 'real unemployed number'

Real unemployment number is around 17%

And at the same time still no measure for the debt:

As of June 29, 2011, the Total Public Debt Outstanding of the United States of America was $14.46 trillion and was approximately 98.6% of calendar year 2010's annual gross domestic product (GDP) of $14.66 trillion.^[2][3][4] Using 2010 figures, the total debt (96.3% of GDP) ranked 12th highest against other nations

Things like this are why I am working as hard as I can to crash-proof my life.

And by crash-proof, ensure that I and my family can survive even in the worst of times through self-sustained living and targeted investments that can't be effected by the government.

The best way to crash-proof is to build a network of people you can barter with, who will want what you have to offer, in exchange for what they have.  If things go real south, no amount of investments in paper are going to be worth anything.  Own assets that produce goods and services you can barter?  That is what would be worth it.