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Our economy and society in one graph

Discussion in 'Society and Culture' started by ethics, Sep 6, 2013.

  1. ethics

    ethics Pomp-Dumpster Staff Member

    This graph is participation rate (those working or actively looking for work) in the US, which declined to 63.4% last month -- lowest since Jimmy -- the Sweater -- Carter was the man in the White House.

    participationRate.png


    Some people will point out that babyboomers are retiring, I will point you to 1978 participation rate of women in the workplace which was tiny in comparison to today. I think women in work force is a bigger gauge than baby boomers retiring.

    My take? It doesn't pay to work (pun intended). Anyone guess why?
     
  2. Copzilla

    Copzilla dangerous animal Staff Member

    Two reasons. 1) The AHCA is decimating business, and some looking for work are giving up, because 2) our welfare system has been ramped up to extraordinary proportions under Obama's administration, and in many instances, it pays more to be on government freebies than it does to actually look for and find work.
     
    ethics likes this.
  3. Arc

    Arc Full Member

    The cost of living both cave man and high tech is rising way faster than is the the pay scale. People in terms of spending money from wages are losing more and more each year. Job security across the board continues to decline and if one loses their job it's harder to get reemployed in general and even harder to get reemployed at the same level one was before they lost their job. In other words overall in many ways working is running on a treadmill that keeps increasing in speed over time. Then, of course one could go off on the stress or psychological/emotional impact this situation has. Work used to be hard. Now work isn't hard, it's a war. Big difference. Even those that don't lose their job and have a decent disposable income are being wounded and family relations destroyed because of the war and the casualties from it. Security or stability? A concept or state of being from the past.
     
    ethics likes this.
  4. SixofNine

    SixofNine Jedi Sage Staff Member

  5. ethics

    ethics Pomp-Dumpster Staff Member


    Do you know why, Brian? Because you just can't ignore a massive, historical figure like that. If we say that US is comprised of 300 million people, that would mean that 111 MILLION people are not working, nor looking for work. Think about that, 111 million people living on a dole.
     
  6. ethics

    ethics Pomp-Dumpster Staff Member


    This is all part of it, Arc, it's all part of it. None of our leaders that we've voted in are focusing on this. Instead, we have red herrings like Syria and other BS issues.

    111 Million people are not working nor looking for work (this is in the NON retiree age group) which also means 111 MILLION Americans are not paying any taxes. Just collecting government money financed by OTHER tax payers.
     

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