Underemployment At Record 20% According To Gallup

Tyler Durden's picture

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Cistercian's picture

 Thanks for posting this Tyler.Of course, merely looking around where I live amply informs as to the smoking crater extent and depth.Companies closing forever, vastly less traffic on the roads, palpable fear of job loss/home loss.

 The American dream is now a dystopian disaster.It should be depressing to watch the now official looting of the health care system too.In an economy like ours, kind of like pushing the stick forward and engaging the afterburners....just to see how big a crater can be made.

 Ugly,very ugly.


bingaling's picture

looks like this will be ignored but Moody's false 1% increase in value for Comm'l real estate (they must have access to banks valuation models)will save the day .


Headline at end of day "Stocks rise as Fed fears crash and throws kitchen sink at market on orders from Obama to not let market crash day after healthcare passes ."

Mako's picture

You have only see the rate of decline - decline.   You are seeing an up wave within the largest down wave ever created.  Life is a series of cycles.

Federal Reserve Z1 report shows it all, it's over.  Every day the wall gets higher.

You can't beat the equation, the equation always always wins in the End.   Last down cycle last 22+ years and cost 100+ million and the destruction of Europse with parts of Africa and Asia to add in.  This one will be on a scale that makes that look like chump change.


Hulk's picture

Finally, someone more pessimistic than I !

Time to finish off the Rifle collection with this baby:


The basement soon to be featured in the upcoming Tremors X

Move the fuck over Michael Gross....

Cognitive Dissonance's picture

That little sucker will put a shell through an engine block, a big ole V-8 engine block. Makes my weapon look....er....limp. :>)


Hulk's picture

Yep, go right on through a man hole cover, almost through 1 inch of rolled steel! Semi auto too.

Mako's posts, for some reason, always peak my survival instincts,which are already on overdrive anyway.A few more posts from him and I'll be the proud owner of a 82A1!


Ivanovich's picture

Irrelevant.  New stock highs are coming.  Buy every dip! :)

crosey's picture

Not irrelevant.  But buy the dips anyway, and conserve capital.

Ripped Chunk's picture

Easily 20%

But we have health care reform!!! Yipee!

trav7777's picture

Employment is for losers.

Everyone should get a cushy gov't "job."

When the productive sector is gone, they'll just weimar the checks.

macfly's picture

The humor in the comments almost make this tragedy bearable!

We really are living in interesting times, as the Chinese would say.


fUny1's picture

If we don’t stop warmongering as a nation, we will go the way of Weimar Republic.


Instead of worrying about moderninzing our work force in order to advance our nation, we are busy appeasing carnal cretins that use religious pretexts to start wars and subjugate their people and their enemies and peaceful coexistence on this mortal coil to constant danger.

We have allowed misguided warmongering zealots from 3 different sides to self fulfill ancient religious prophetic text in a bid to continuously wage war, mostly against the poor and helpless.


There is a STAR of MOLOCH cult that is hell bent on creating an Armageddon holocaust combustion of the Earth and they have infiltrated the seats of puppet power of all sides of the Middle East conflict:


You stand up to these warmongers by not partaking in their abominable fulfillment of prophecy. We also have to stop lying to the people with the release of the fictious official government statistics.

trichotil's picture

"The Third World War must be fomented by taking advantage of the differences caused by the "agentur" of the "Illuminati" between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil. Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time." 4



jmc8888's picture

One in three means crap.  One out of three still think Bush was a great President.  Or that Al-qeada was from Iraq. 

1/3 of the populace believing that they might get a job in 30 days, doesn't make me feel optimistic, especially when that means 2/3  don't feel optimistic.  I wonder how many of those 1/3 won't get jobs, and feel good about getting one over the subsequent month?  Probably somewhere in the neighborhood of 1/3?

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