We have 4.4% unemployment and 2.5% CPI - what drugs are you malcontents using?

Question

ZH shut the f--- up unless you know anything about what you're talking about, which you DON'T. The "service sector" does NOT mean "foodservice" sector. It's 80% of the economy. It includes doctors, lawyers, accountants - all white collar jobs, basically everything besides construction, farming, mining and industrial jobs. Most of the growth in the last five and twenty five years has been in technology and healthcare. Sorry libturd, computer programmers and RNs don't ask "do you want fries with that?"

Oh, poor Louis G - yeah the plummeting dollar - - OK, fine, if you're going to vacation in the UK, it'll be more expensive. Other than that, so what - the effect on the ten year yield has been 25 bps.

Hich - you're an idiot too - unemployment benefits have NOTHING TO DO with the unemployment rate.

Chredon you're wrong as well. The "top X percent" changes - it's people at the height of their careers. It's like saying "only seniors benefit when a school rents a hotel ballroom instead of using the gym for its prom."

Answer 1

Don't forget the stock market.

It is all bad news because a democrat is not in the White House.

When Jimmy Carter was in the White House you had Phd's doing service jobs.


.

Answer 2

Yes, we have low unemployment and fairly good numbers in some areas. But...

The only segment of society that's making any gains in real, inflation-adjusted income are the top 5% of wage earners.

Top executives are now earning over 500 times what the lowest-paid are making, up from 300 times in 2000.

More people lack health insurance today than in 2000, and of the ones who have it, employers are covering less of the costs.

Our national recovery was paid for by our national debt, which will eventually have to be paid off.

As for me, I'm doing OK. But I don't judge the strength of our nation on my own success alone. I can see how others are hurting. Maybe whatever drugs YOU are on are causing blindness to the reality of the situation.

Or maybe your blindness has another source. Your parents warned you, you know.

Answer 3

Hey ZH I work in the service business. I make over $45 per hour (without a union). Lots of people do, you should think before you speak. Service industry does not mean sweeping floors.

Doctors are in the service business though it is specialized and called medical.

Computer Engineers

et al

Answer 4

The ones that cause us to foreclose on our homes because our job has gone overseas. The ones that make me compete with illegal cheap labor here and abroad. The one that dulls the ache of the loss of manufacturing, the backbone of America. We take all kinds of drugs to alter reality. The only ones many of us don't take are the ones prescribes by doctors in the health care system we can't afford.

Answer 5

....the ones rush limbaugh abused....and stayed in the country after saying ALL druggies should get deported......the same ones you're on that let you think that just because people aren't getting unemployment benefits (how they figure those numbers you quoted) .....they're working,.....they just aren't on the system anymore to be counted.

..you might want to see the other side of the coin,.....home forclosures are going up in the thousands every month....because they arent ether working, or working enough to continue paying for a home.

Answer 6

Reality drugs...the ones that make you feel the effects of outsourcing jobs, the ones that make you remember that the timeline for collecting unemployment was shortened (less unemplpyment? Or less people qualified to collect?) the ones that make you not sell your house, and watch your neighbors forclose...the ones that saw the US dollar at an all time low last week, and the ones that know what a debt we are accumulating.

Answer 7

Just a healthy dose of reality!

You guys always like to take only those factoids that help your cause. Don't forget about the massive national debt, and the plummeting value of the US dollar.

Answer 8

5% and under is considered full employment, because of the transient nature of some jobs.

Answer 9

Just because you use drugs doesn't always mean you are unemployed. Many drug users have employment but it may not be the most benifical to them.

Answer 10

malcontents dont like the crappy service jobs to which you refer. 84% of the employed work in service industry they dont make anything, build anything, just rely on the consumption of goods/services.