The social safety net has turned into a hammock.

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Friday, April 5. 2013

The social safety net has turned into a hammock.

This is bad: People Not In Labor Force Soar By 663,000 To 90 Million, Labor Force Participation Rate At 1979 Levels

Government is broke, investors and businessmen are wary of the government (I don't believe this stock market, inflated by free $ and foreign $), the labor market is out of kilter, the EU is blowing up, etc. etc. The US is beginning to resemble France. Looks like a mess to me.

I'm happy to report that I am doing fine. I'm taking a date to the Blue Water Grill tonight. I made some fortunate but risky decisions. Now all I need is a good wife.

Posted by The News Junkie in Our Essays, Politics, The Culture, "Culture," Pop Culture and Recreation at 17:41 | Comments (9) | Trackbacks (0)

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Our Blue Water Grill just shut its doors. Tough for restaurants to make it in today's poor economy.

#1 Jim on 2013-04-05 18:35 (Reply)

What will society do with people? Everyone in my family over age 55 is now without a job. We are all educated - I worked for my last company for 8-years, my sister taught at a private school for more than 25-years, my brother-in-law worked for a company for 30-years. My two sisters-in-law also worked for many years. I have applied for about 700 jobs with fewer than 7 interviews. Luckily, I can take early Social Security and I have enough physical strength to mow a few lawns a week - otherwise, I'd be in the street.

#2 Juan Paxety (Link) on 2013-04-05 18:42 (Reply)

I know. I'm 65 now, laid off at 62 after working 30 years. I'm getting by, patching this and that together, but it isn't easy. I always thought that I would work until I was 70. But now I don't know how I will be able to do that.

#3 gina on 2013-04-05 21:33 (Reply)

It does feel like France, 'round the time Robespierre found himself facing a cranio-spinal seperation without a prenuptial.

No, really! We've erected a dozen courts of public opinion, they decide cases daily, and their virtual guillotines fall, one a minute, every day in my nation now.

The Bastille has been stormed: read Mark Steyn's latest, the prisoners do indeed control the asylum. And a zillion accusations accost the free man, fired from veiled hides invisible among the glass-buildings and unheard among the media horns. And none need proving, only an audience to register the accusations' acclaims.

If I wanted to live in France, I'd move there. Assuming I had a choice in the matter, that is.

#4 steveaz on 2013-04-05 23:36 (Reply)

90 million Americans aren’t looking for work?*! How many American are there? Let’s see: 320 million? Americans of working age, roughly 205 million. Of those, subtract the millions who are students, housewives, disabled, imprisoned, and every other category I can’t think of right now who wouldn’t look for work anyway, leaves maybe 180 million, probably less.

So all the work in the USA is done by about 25% of the population. Everyone working deserves a raise.

*This is a truly odd statistic with an odd phrasing. If I already had a job and sought a better job, I am looking for work. Of the 90 million no longer looking for work, how many have jobs?

#5 ErisGuy on 2013-04-06 05:53 (Reply)

...how many have jobs? I suspect a large percentage are working in the (pick one ->cash gray underground

#5.1 BillH on 2013-04-06 12:07 (Reply)

no man is complete without a wife; when he gets one he is finished.

#6 brobro on 2013-04-06 09:59 (Reply)

Back in high school my girl friend called me up and said "Come on over, nobody's home." So i went on over, and nobody was home.

#6.1 buddy larsen on 2013-04-07 04:46 (Reply)

This is what the first phase of a Keynesian depression looks like. Once we have taxed away all the wealth of the middle class and printed and borrowed all that we can we will begin phase two. It won't be pretty.

#7 GoneWithTheWind on 2013-04-06 10:31 (Reply)

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Friday, April 5. 2013

The social safety net has turned into a hammock.