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The Real Reason For America's Collapsing Labor Force
Back in July we wrote "Slamming The Door Shut On The "Plunging Labor Force Participation Rate" Debate Once And For All", in which we showed, definitively we thought, that contrary to the pervasive and erroneous propaganda, the collapse in the labor force has little to do with the alleged millions of retiring baby boomers (quite the contrary: as a result of ZIRP crushing their lifetime savings, baby boomers have been forced to remain in the workforce in ever greater numbers) and everything to do with the lack of employment opportunities, or perhaps an unwillingness to work, for young Americans.
As the Census Bureau said then:
"In 2010, 16.2 percent of the population aged 65 and over were employed, up from 14.5 percent in 2005. In contrast, 60.3 percent of the 20 to 24 age group were employed in 2010, down from 68.0 percent in 2005. Employment shares declined from 2005 to 2010 for all age groups younger than age 55. There was no statistical change in the employment share for workers aged 55 to 64 nor those aged 70 to 74. Engemann and Wall (2010) found that more people aged 55 and over were employed during the recession than would have been if there was no recession. Using the Bureau of Labor Statistics employment data, Engemann and Wall found that during the 2007–2009 period, employment grew by 7.4 percent for the population aged 55 and over. Based on trends prior to the recession, employment for this age group was expected to grow by only 6.1 percent. All younger age groups experienced a decline in employment during the same 2007 to 2009 period."
Our punchline was simple: "dear US "retirees" - if you want to mitigate the impact of the US depression and the loss of savings income courtesy of the Fed's ZIRP policy, all you have to do is, well, work until you die."
And yet, the very serious narrative that the labor participation rate is at a 36 year low is primarily due to such benign factors as demographics and retiring workers continues, with few if any mainstream outlets daring the challenge the econo-dogma.
So here, to help clear the confusion once again, is the Pew Research Center which also has cracked the numbers and done the math. Its punchline:
You might think legions of retiring Baby Boomers are to blame, or perhaps the swelling ranks of laid-off workers who’ve grown discouraged about their re-employment prospects. While both of those groups doubtless are important (though just how important is debated by labor economists), our analysis of Bureau of Labor Statistics data suggests another key factor: Teens and young adults aren’t as interested in entering the work force as they used to be, a trend that predates the Great Recession.
And just what is enabling the young adults to be "not as interested in entering the work force as they used to be" and to lead to a misleadingly low unemployment number? This.
* * *
So just in case there is still confusion, here is the full note from Pew:
More and more Americans are outside the labor force entirely. Who are they?
According to the October jobs report, more than 92 million Americans — 37% of the civilian population aged 16 and over — are neither employed nor unemployed, but fall in the category of “not in the labor force.” That means they aren’t working now but haven’t looked for work recently enough to be counted as unemployed. While that’s not quite a record — figures have been a bit higher earlier this year — the share of folks not in the labor force remains near all-time highs.
Why? You might think legions of retiring Baby Boomers are to blame, or perhaps the swelling ranks of laid-off workers who’ve grown discouraged about their re-employment prospects. While both of those groups doubtless are important (though just how important is debated by labor economists), our analysis of Bureau of Labor Statistics data suggests another key factor: Teens and young adults aren’t as interested in entering the work force as they used to be, a trend that predates the Great Recession.
By far the biggest chunk of people not in the labor force are people who simply don’t want to be, according to data from the monthly Current Population Survey (which the BLS uses to, among other things, calculate the unemployment rate). Last month, according to BLS, 85.9 million adults didn’t want a job now, or 93.3% of all adults not in the labor force. (All of the figures we’re using in this post are unadjusted for seasonal variations.)
But let’s look in particular at the youngest part of the eligible workforce. The share of 16- to 24-year-olds saying they didn’t want a job rose from an average 29.5% in 2000 to an average 39.4% over the first 10 months of this year. There was a much smaller increase among prime working-age adults (ages 25 to 54) over that period. And among people aged 55 and up, the share saying they didn’t want a job actually fell, to an average 58.2% this year.
People 55 and over do, as you might expect, account for more than half of the 85.9 million adults (as of October) who say they don’t want a job — about the same percentage as in 2000. But the 16-to-24 share has edged higher, while the 25-to-54 share has slipped. That could reflect more young adults staying in or returning to school rather than chancing a tough job market.
Women are more likely than men to say they don’t want a job, although the gap has been narrowing — especially since the Great Recession. Last month, 28.5% of men said they didn’t want a job, up from 23.9% in October 2000 and 25.2% in October 2008. For women, the share saying they didn’t want a job hovered around 38% throughout the 2000s but began creeping up in 2010, reaching 40.2% last month.
Researchers disagree about why people leave the labor force and how likely they are ever to return. In a report issued in February, the Congressional Budget Office estimated that about half the decline in labor-force participation was due to long-term demographic trends, a third was due to cyclical weaknesses in the labor market, and the rest a consequence of “unusually protracted weakness in the demand for labor [which] appears to have led some workers to become discouraged and permanently drop out of the labor force,” such as by taking early retirement or signing up for Social Security disability benefits. But two Federal Reserve economists have argued that cyclical factors, rather than demographic shifts, account for the bulk of the drop in labor-force participation since 2007.
Economists are especially interested in the subset of non-participants who are considered “marginally attached” to the labor force. Those people aren’t counted as unemployed, because they haven’t looked for work in the past four weeks, but they have job-hunted sometime in the past year and say both that they want a job and are available to take one right away. Many labor economists believe marginally attached people are most likely to be drawn back into the labor force.
The number of discouraged workers — those who’ve not searched for work recently because they don’t think they’ll find any — spiked during and after the Great Recession, peaking at 1.3 million in December 2010. Though that number has come down since, October’s estimate of 770,000 discouraged workers was still well above pre-recession levels, which typically hovered around 400,000 to 500,000.
But discouraged workers make up only about 35% of all marginally attached workers, and account for just over half the increase in their ranks since the 2008 financial panic. The rest of the marginally attached cite a range of reasons for not having looked for work recently, including family responsibilities, being in school, ill health, and problems with child care or transportation.
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I dont want to work,,,
I just want to talk on my obola phone all day!!!
I dont want to work,,,,,etc
When I was a kid, no job meant no money in my pocket.
Now, if you're a kid, having a job means having no money in your pocket...or did you think kids were staying at home because they LOVE mamas home-made bread!
Remember, these disinterested kids have to compete with 3rd world peasants now ...maybe some can't (culturally)
By Bob Denis: I hear a lot of talk -- but little that addresses the real problem.
"We spoiled an entire generation with the '90s. The expectation was: You go to college, find a product, get venture capital money and, boom, you're a millionaire," said Denis, the chief information officer at Trimble Navigation, a satellite software company based in Sunnyvale, Calif., that has more than 2,000 employees.
"The realism is missing: Unless they're in the top 5 percent of schools, they haven't got any hope. The very jobs we're training students to do are the ones we're exporting."
Government programs to train workers have generally failed. For example, a federal program funded by fees from H-1B foreign worker visas was deemed ineffective in training U.S. workers for high-skilled jobs--one reason President Bush proposed ending it. Local organizations that run training programs are viewed largely as career networking opportunities for executives at smaller companies, which often have nothing to do with high tech or improving worker’s skills.
R&D in all fields grew just 1 percent…, according to the National Science Foundation, a steep drop from its average annual growth.
http://www.techrepublic.com/article/outsourcing-us-needs-reforms-not-rhetoric/
Milton Friedman once said that the best job training was a job.
Truly, hence the chicken and egg problem our yutes face today.
Go to college and shell out good $$$ (paid for by the loans which have your future nonexistent wages as collateral) for mediocre (at best) basic knowledge and no employable skills. Then, when you graduate and look for a job, you find that you are not employable because you have no skills, though you want to be a manager right out of the box (due to being told you are special your whole life), without any groundwork in gaining any baseline expertise. Well, how do you get those skills? Usually, a job. And why can't you have that job? Because you have no skills, and there's a jillion guys from <insert country> with pre-existing skills who have Master's degrees competing with you locally, and a gajillion more overseas.
Then you got the retail/service/etc industries all cutting down on hours, so the best you can do is work part-time somewhere.
As for disposable income? It is either a pittance doled out by ma&pa, or whatever you make from the crappy part-time job. Beer and weed (and god help you if you have more 'neccesities') have a strong claim on that cash.
Maybe people are just tired of working for the .1%? Just a guess. No one likes a tyrant.
Kids in the Western world don't work. My thought is that it has to do with what kids find intriguing today, which clearly isn't work.
Check this out.
http://www.chonday.com/Videos/excachikid2
"Kids in the Western world don't work"
Nope, i'd like to politely ask you to stop trotting out that bullshit globalist tripe....
Which came 1st?
The "decadent" kid or the destruction of the lower rungs of the economic ladder?
I say, I KNOW, it's the latter "ladder".
Couple that with a good dose of Satanic media memes ("You are Transgressive™", "You are Xtreme™", "You are all tattooed rebelz™ and slutz™" etc)
...and then dumbshits like you come along and buy the last part of the meme "These kids are not as good as MY generation! They are LayZ™...We need more HARD WORKING 3rd world peasants ASAP! THEY know how to work!! (for PeeNutz™)"
I'm going to go out on a limb here and just say "Fuck You and any other simple minded bastard who believes that satanic globalist bullshit"
You're not out on a limb. You can believe whatever you like. The hard reality is that through foreign exchange rigging, the US has made exporting the action of turning a screw cheaper in China and Mexico than in the US. It's your own gov't that has screwed our youth and made them iFad goofs.
The monetary system needs to be revamped. Where did I say our kids are inferior?
And... why are you so angry?
no shit sherlock...who owns our government?
I'm pissed off because you are stupidly, unjustly, blaming the victims in your comment
This country has been methodically dismantled and the destruction of social mores, including the Protestant work ethic, has been a major part of that assault.
How dare you blame the victims!
Read Kinskian below, he says the same thing with more dispassion, but i can't...I've got two kids that have to come up in this bullshit country that has been diminished 6 ways to Sunday and I won't let the "American kids are LayZ" meme pass unchallenged, by Lefties, Righties, Latinoze™ or YOU
you have a point ... however, it is hard to sympathize with the likes of lordbyron below. I realize it might not be his fault directly per se, however, there is no way these kind will be helped
oh,..and Arius.....
FUCK YOU TOO!
excuse moi, but, why? i am not latino,,,
I had the misfortune to listen to ABC news tonight (was being held against my will at relatives for vulcanized pork chop dinner).
ABC Newz was interviewing someone - they were discussing immigration reform and Obama granting amnesty to register all the illegal immigrants.
I won't even touch that one - what struck me was almost an aside to the discussion - the commentator tossed in STEM workers. It wasn't just dirt-poor agricultural workers or minimum-wage meat packing plant schlubs that were part of a potential amnesty, but science - technology - engineering - mathematics workers. STEM workers? FFS...
Since when the fuck did conniving illegal H1-B or F STEM workers and the crooked consulting firms they work for become part of immigration reform? When the hell did Bill Gates tell the networks to start greasing the skids for sneaking THAT in ? Am I stupid and just missed this during the months and years of debate on the issue? I know Gates would love to gas every white, black and latino STEM worker and replace them with obedient third-world slaves, but I have neve heard of a bunch of them being here illegally and needing AMNESTY. Fuck that - put them in prision NOW (along with Gates).
Thank god I got as far away from technology years ago to be affected, but that's the one, single most racist and destructive policy for the American middle class: bargain-shopping for foreign STEM workers to replace Americans. It's far worse than mere outsourcing and adds insult to injury to know that ANY STEM workers are here illegally. The Department of Labor is criminally negligent for letting even a single STEM worker into the US in the last decade.
Amnesty for these fuckers? That's an act of war, bitch.
I swear I will weaponize these f'king pork chops and use them to defend my Constitution.
We've been seeing an endless pursuit of the cheapest possible labor costs - ship manufacturing to low labor cost countries, offshore all support and call center jobs and bring in cheap labor - legally via H1B for high end or illegally for low end work you can't relocate.
'Free trade' has killed the West - all the additional profits made through cheaper labor costs have gone to a very, very few while destroying the middle and working classes
We need to replace the MBAs playing 3rd world labor against our labor market with a computer program. Make it butt-simple for employee owned businesses to form up, then start a consumer collective that boycotts every business but these.
Hey listen. We are all victims, as the older ones have to support the unemployed youth, so accusing me of laying blame on a young person because they won't work menial jobs is a bit of a stretch. The facts are the facts, as Tyler posted. Taking it out on me, if it helps you, is good.... I guess. But you're missing the bigger picture here which is, at some point, we will ALL have to accept lower paying jobs because of the FX rigging going on by .gov. The youth thing is but one demographic. Look at the elderly working at Walmart.
If taking out your anger on me makes you feel better, have at it. I post here often and don't come here seeking affirmation. I'm interested in the facts. And kids not wanting to get their fingers dirty working today is a fact, as is the elderly being forced to work at Walmart.
If you go around blaming "lazee" kids like you did above, it is you who doesn't see the Big Picture of negative social conditioning coupled with the erection of a neo-fuedal economic system in amerika.
I've responded to you 3 times and you still dont seem to get it...
still working off your Horatio Alger paradigm I suppose...
"Kids in the Western world don't work." -- Direct quote from you, these are your words.
And yeah, your generational-warfare, sweeping generalization is totally offensive and sleezy. You're like the idiot who sees a kid with a smart-phone and says "all kids waste their money on smartphones," and then try to support the statement with your anecdotal observation.
"And kids not wanting to get their fingers dirty working today is a fact," and maybe you can teach me this mind-reading trick-- you can tell me what the 20-something y.o. farmhands, landscapers, and construction laborers that I know are really thinking. And for your ignorance and disrespect, FUCK YOU.
What is this protestant work ethic you speak of? All the WASPs I know sold out their brothers and future generations by making manual labor unable to support a family. Show me one progressive or conservative boomer who believes a burger flipper should make enough to have a family, something he was able to do in this country when we had sound money. Is this somehow the Catholic's fault???
Now that's some spooky shit, and I grew up driving tractors.
Don't want a job = don't want to work.....because they are trying to out live their parents for the inheritance or will nail gun them
Obama's amnesty plan is going to offer citizenship to 500,000 tech workers and their spouses, and there are more where they came from. That natural born Americans can't be trained is a lie, but our immigration policy is dysgenic and that lie will eventually become the truth.
Not only are Americans fully trained for the positions taken by the H-1B's/foreigners, but they're summarily rejected automatically from those positions when the firms go to look for foreigners. Its so bad now in IT that even fully qualified candidates can submit hundreds of resumes to firms alleging "shortages" of tech workers, not even to receive so much as the basic courtesy of a response. Employers are fully hooked on cheap foreign labour, and certainly not because of any lack of availability or skill in the domestic workforce.
I believe you. The article posted by Escrava claims that government programs to train American workers for IT jobs have failed. If true they were never meant to succeed, and as you point out, those Americans already trained and qualified are overlooked. At least the old industrialists built hospitals, schools and museums for the American people to benefit from. These IT tycoons have no allegiance but to themselves.
.
There lies the problem. A lot of entry level typical "American teenage" jobs are now being done by illegal immigrants (oh, just say Mexicans!) who can work more flexible hours for a lower pay. In certain areas, it has become so pervasive that EVEN IF THE JOBS WERE AVAILABLE kids would not be caught dead doing "Mexican work" as it is now seen as beneath them
Unfortunately no entry level work means no work experience which can get you a non entry position. Immigration, both illegal and legal is very much displacing American workers
It is a moot point to argue if these workers are "better" or "more efficient" than Americans or to argue that it makes that uncessesary plastic piece of shit you need from WalMart $2.50 instead of $4.30. Is this better or worse for Americans? That's the answer no politician asks.
It is displacement of the lower rungs of society, but wtf does the top care, now they can live like Brazilian oligarchs with a dedicated (underpaid, explloited) maid to tend to every whim and fancy.
Too bad nobody listened. Friedman told it how it was.
Figures in my country / city a couple of years ago ( the terms are more favourable now ):
Minimum wage = $400 per week
Mortgage on cheapest house in cheapest suburb = $400 per week.
Cheapest rent = $300 per week
So if a job can't give you somewhere to live, or it can give you somewhere to live as long as you don't eat, use electricity or do anything else, what use is a job?
There are many other figures I can give you that have the same conclusion:
The first year that I earnt average weekly earnings ( ~ $40k per year), the price of the average house went up from $400k to $440k i.e. any average worker could have spent the whole year saving every cent they earnt for a deposit and been no better off. Also note that $40k per year translates to ~$800 per week, mortgage repayments on $400k - $440k translates to $640 per week to $700 per week = not much left for food or bills. Even for the average worker to buy the cheapest home at the time would have seen him spend HALF his wage purely on the mortgage, but being the cheapest home in the cheapest suburb would mean more money is also needed for repairs.
At one stage I noticed that by using the definition of mortgage distress as the cut-off, (~33% of income if I remember rightly), and income figures published in the newspaper of the time, only doctors and lawyers should be able to afford the cheapest house in the cheapest suburb.
So what happened? How could people possibly buy anything? Rich foreign buyers? Double Income No Kids? Lax banking standards coupled to synthetic CDOs?
Number one indicator of potential bankrupt = Double income family with kids.
http://www.youtube.com/watch?v=akVL7QY0S8A
Crap on all you like about slack kids living in their parents' basements but the good little kiddies that go to work also have to live in their parents' basements. Who's the doofus?
The day I got my first job, when I came home, I went into my parents garden with a drink and a smoke, stared at the sky and yelled: KING OF THE WORLD!
Damn I was proud!
I didn't even know what salary I was going to get, I didn't care, I had a job!
That's one of the best moments in my life.
And now having had 6 jobs since I was 15 (one of which was a graduate level job in a company that went bankrupt) and a failed start-up, I am still trying to figure out how to pay down my debt.
... and I didn't drink or smoke and twelve months later I re-ran the numbers and realised that at this pace I was doomed to go nowhere ...
When I was a kid, we didn't exist so completely in a Fantasy Land as we do today.
No thinking person is concerned what the oil companies, through Pew, nor the various BLS fantasy stats claims, we pay attention ONLY to the numeric data.
Said numeric data says that one-fifth of the US workforce was laid off over the past five years, exactly the same percentage as in the previous three (officially three, that is, closer to five) jobless recoveries.
Said numeric data also says that almost one-half of the so-called newly created jobs cannot be verified --- jobs that do not exist, cannot be verified, and when the BLS utilizes an estimate, based upon an assumption, from an invalid 1960 financial model for the birth/death creation of companies, shit stinks!
Got that!
So, claiming it's because people don't want to work, regardless the age group, and for crissakes' sakes by this time very few swindled Americans whould have any work ethic left, doesn't cut it!
Stop with the US Chamber of Commerce and Business Roundtable talking points and memes all fucking ready!
Why work, play with iGadgets instead!
Melissa Francis: NBC suits censored me when I questioned Obamacare-
http://tinyurl.com/o4lam36
There is definitely something to that. An awful lot of people confuse using smart phones and tablets with "productivity". Us gray beards have to remind them that surfing the web, watching YouTube (including porn), and reading emails all day is not technically work. You just wouldn't fucking believe what goes on in most modern offices.
In fact, not 3 days ago, I had a twenty something ask me how I managed to work for almost four decades without losing my mind. This guy isn't even 30 years old and is, in his own words, "mentally exhausted". He simply can't imagine having to work for anotther 35-40 years. I'm sure he spends his free time scheming about ways go get Disability and Food Stamps--apparently, these are the new keys to paradise.
And yet, here you are, posting ZH instead of working!
True, but I don't post while I'm at work. And I don't confuse posting on ZH with workplace productivity.
Until last year I had worked 100 hours a week (on average) for the previous 6 years. There was no distinction between "work" and "leisure". I am still in my 20s.
Whatever goofus is fucking around on his iTurd in your office is living in a fairytale world.
(Edit: and look.. enough of this inter-generational "those kids don't know how easy they have it these days" bullshit. Until we realize:
- Most of these folks who are dicking around playing games are pushing work on genuinely industrious folks [who are often their own age];
- Times are unimaginably tougher for the majority in the West compared to where we were 40 years ago;
Nothing will get changed. Blame will get shifted. Divisive politics will maintain its position.)
I am in my 20s. I was saying the -exact- same thing about iPhones and iPads yesterday in the Apple Market Cap. article. You can go back and reference if you do not believe me. Inter-demographic blame has to stop, and we need to look at the real problems that vex all of us.
Honestly, I don't know how many hours I work during the week. Kind of fibbed when I said I wasn't working now. Even when I'm home, I'm often working to some degree. Now, I'm going back and forth between working and surfing the Internet. But it is the weekend. When I'm at the office, I actually shut off the Internet for long periods of time to concentrate. I also don't have a smartphone, just a basic cell phone that I don't even text with. This is all on purpose. Can't stand when those things go off during meetings.
Over 100 hours a week, eh? I'm guess you're a software engineer.
I hear you on work and leisure time merging. Not a software engineer, no, but rather a student and an event organiser.
After that I was working in the private sector for an engineering contractor, which was horrendously understaffed, had cash-flow issues, and I was salaried. I still have guilt about not personally turning that business around. After that I was trying to set up a start-up which failed.
And now I'm back in study, having decided to learn the rules of the game that screwed me over. (Economics & Finance.)
The point is, if you have worked consistently for 40 years non-stop, then you have my respect. (I don't push blame on folks I don't deem to be complicit in some of the more insidious wealth confiscation schemes. Even if most are not part of my generation.)
But the lazy youngster meme has to stop too. Just in the same way I do not judge you individually, for the transgressions of the minority in your generation, you cannot judge individuals in my generation as a clear example of worker productivity. (Also, I would point out, that even if the majority were iPhone/Pad addicted jackasses, a lot of the folks getting fat and happy off that ignorance are in your generation. As I said. Blame needs to stop and constructive changes need to be made, going forward.)
Edit: Oh yeah, and furthermore, on the point of people being "lazy". I come from the EU. A place where Greek citizens have been chastized for being lazy, stupid, unwashed, and hedonistic. You know.. I'm yet to meet a lazy Greek person. Most of the Greeks I know have their backs to the wall and are being told to work for nothing. So yeah, put anyone in their shoes and they would respond the same way. Politics divides. Divides and conquers. That's how it operates. Paint someone else with blame and get the people to go to war.
You may think I'm generalizing but I'm not. There are some very sharp, driven young people and there are some lazy young people--most are in between. There are also lazy older people (WWR - Working While Retired), though the later are often more shrewd and effective at masking it. But a lot of people, especially the younger ones, DO confuse using electronic devices for productivity. It's funny because sometimes I think about how we did things pre-Internet and it's a wonder we got anything done. Yet we DID get a lot done. IMHO, the productivity tools help us to be more productive, but it also tempts us to be less productive too.
The guy I was talking about does not work for me, he works for a client and made that comment over drinks after our meeting. However, I have heard similar grumblings from other young people here and there. In contrast, I never heard anyone say anything close to that when I was that age, even among contemporaries. Maybe people thought it, but never said it. Now they openly say it. Again, trying not to generalize, but THAT part at least is different.
Yeah, you get the one-armed apprentices (other hand on phone) but he had a JOB while I was struggling to hold one down. Believe it or not, those "lazy fucks" have some kind of competitive advantage over those who don't spend all day texting. Perhaps it is some kind of communications / networking problem. Plenty of good people unemployed while idiots have jobs.
Oh, and that particular job? Well, we couldn't complain about the one-armed apprentice when there was no equipment on site so no work could be done. Supervisor said he was coming. All we could do was wait.
Fair enough. By the way, I absolutely abhor iGimmick consumer goods. To the point where I purchased a Blackberry with my company over an iPhone, in order to keep access to business emails and so on without all the additional layers of consumer gadgets.
If I thought I could get away with a $40 phone that was on par with an early to mid-2000s cellular, I would. Unfortunately most folks in business circles do not really approve.
In fact, a couple of weeks ago I had 3 friends over. About 50% of their waking time was spent with them dicking around on apps, facebooking and so on. The time-honored art of conversation is dead.
I think a lot of it is not so much "I don't want to work" as it is "I don't want to work for assholes to earn a marginal improvement in my own life." Whatever slim monetary advancement I gain is negated by the reduction in quality of life that comes from working for assholes. A lot of today's youth don't like and don't want to be assholes. And for whatever reason, a lot of employers think that they have to hire asshole execs and managers and a 'good' or 'trained' employee is one that copies the characteristics of their asshole managers. Putting psychopaths in charge of everything is not a winning long term strategy.
Don't entirey disagree with what you're saying. I've worked for some real assholes. I've also worked for people who I thought were assholes, until I had to fill their shoes or realized later on that they were just trying to do their job. Time and/or your position in thehierarchy can change your perspective. Not all employees are competent, motivated or have the best interests of the organization at heart. The worst people in the world to work for,however, are generally micromanagers--they are the original soul killers. I'm the owner at this point in my life and working for such people was my #1 motivator to start my LLC.
I would not employ anyone younger than 30 in the US at all.
After having to physically remove their gadgets from them on the job.
They believe its their right to text and phone all thru' the working day, ripping off
my customers , themselves, and me.
Sandpaper the skin off the liar in chief fudgepacker and bury it in salt for all yhe crimes its committed against the constitution and tax payi.g U.S. citizens....
Actually there arent enogh jobs to go around in this "country" (corporation) anymore.They are all moved to Asia. BANG!
Maybe some do not want to be slaves to the 0.1% as the rest of the working population. The top 0.1% of Americans have more wealth than the bottom 90% of Americans.
The best slaves are those who are unaware they are slaves.
Blah... blah... blah..
I don't consider voluntarily working 8am -4pm, five days per week, slavery. Based on an engineering degree I was able to purchase my home, two rental properties, and a vacation home at the beach. Get a grip. Use your brain for something other than whining, get a degree in engineering or computer science, and enjoy a good income for life.
Yes, the government, and government employees (all 1 percenters with their multimillion dollar pensions), through burdensome taxes and regulation make it hard but it's not that hard. Yeeeesh...
Frickin Obama-boy whiners hating on people who have decided to work for a living...
let me guess... youre in your 50s or 60s and enjoyed the period of time when we werent totally fucked... right? Just keep blaming the kids for the worlds problems, see how far it gets you
Poor guess. Try again.
70s or 80s and retired? That's it. Even if it isnt, you sound like the typical know it all who had success in life because you happened to get a degree in a field which was/is prospering. Congratulations, were all proud of you. Every other person on the planet must just be lazy. Thats it. People love living with their parents into their 30s. People love living pay check to pay check. Millenials have gotten the short stick on every single extortion racket by the government and the banks. But dont blame them! Blame those lazy millenials!
Wrong way. Sorry.
One only has to be slightly creative and be making a reasonable salary to do well. Buying a place every five years, renting the previous property, is not that difficult. By the time one is in their late 30s they are doing well, have rental income, and a fair amount of equity.
It does take thinking outside of the whining, "I can't do it," box. But, most people who earn engineering or computer science degrees aren't naturally that way.
I don't disagree that millenials, by their voting habits, have screwed themselves quite a bit. But, rather than hating people who work hard and creatively the millenials should try it. If you don't want to sit through four years of engineering school go work for a plumber or electrician, start your own company after a few years, then do very well. Yes, the government will be there to stand in your way the entire time but it is possible.
Voting? This old faggot living up to his name.
Sorry you haven't figured out how this thing works yet, seems too late for you.
"Millennial: A person reaching young adulthood around the year 2000."
So they have been voting for around 14 years. The majority of them gladly voted for the socialist "hope-n-chnage" U.S. that they've now got. If for the past 14 years they would have risen up and voted for people who believe in the U.S. Constitution they would be much better off.
Wow, there really is no hope for some of these moron ZHers.
lol, senile fucker. You're good for a laugh.
Let me spell it out more clearly for you.
Voting. Does. Not. Matter.
Die soon plz.
LOL!!! Yes, senile and under 40.
Voting does matter. Too many fricken morons like you vote for socialists (republican, democrat, or libertarian) who believe in irresponsible spending, devaluing of the dollar to pay for irresponsible spending, and government strangulation/regulation of people/busionesses.
Damn. Dumb sh1t aren't you? Just take from others when you don't feel like doing it yourself, correct? In the end it's a good think that you don't vote. Yes... remember - don't vote becasue it doesn't matter.
Look, a faggot with a keyboard. Never seen that before, I'm new to the internet.
So, dumb shits like me who dont vote, vote for socialists?
But its a good thing in the end that I don't vote?
Wow. Clean the fucking feces out of your mouth mate, you're no making much sense.
Demographics show that older populations vote heavily for incumbent parties, and have a much higher turn out than younger people. IE, the status quo. I dont know what the fuck creepy cracker is on about but hes clearly wrong. If he thinks a few million more votes for Ron Paul would have made a difference hes a fucking idiot. The media and the establishment would never let any one commited to change to ACTUALLY be elected. And if it did happen hed get JFK'd anyways. But yeah, get out there and vote kids!
Good job of changing the subject and making incorrect statements at the same time. I know that thinking is hard but Google millennial voter percentages and see how they vote.
Obama easily won the 18-30 vote nationally, 67 percent to 30 percent. Not that Romney or McCain would have been much better but we wouldn't have the ObamaCare disaster with either of them. Yes!... Keep voting socialist, kiddies. You're getting what you vote for. The paradise of Cuba is on its way. Free health care! Too bad they can't afford medicine.
BTW - How's the post-college waiter/waitress career going for you, millennials? No doubt it pays for your $50K - $100K government university (government tuition) degree.
I don't vote.
Voting doesn't matter even if some creepy queer like you posts otherwise ((with pecent figures!)).
Degrees paid for, zero debt of any kind.
You're clearly an ignorant faggot. Burn like one.
Creepy Cracker, let me get this straight:
* You are under 40.
* You went to college and grad school, and earned a degree in Engineering. You found gainful employment in that field.
* You now own your current home, two rental properties that you used to live in but now rent out for income stream, and a vacation home for fun.
* You think all Government employees have million-dollar pensions.
* You are full of shit up to your ears, and think Zerohedge readers are gullible enough to believe your implausible crap.
No doubt.
I'm sorry that you don't understand, or refuse to understand, what it takes to make a decent living. Don't worry though - Dear Leader Obama will save you!
No, not all government employees have million dollar pensions. All of the ones with pensions who will be getting roughly $30K/per year plus health care do. Do the math. Oh, I'm sorry, math is hard... We have to shriek about the one percent, while telling people how smart we are, instead.
Yes, I earned my masters part-time while working full time.
Creepy A Cracker: Agree with almost everything you said. BTW--In case you haven't noticed it, there are many people on ZH who are fuking insane. Not sure if its genetic, political (e.g., they are socialists or worse) or they have just screwed up life so badly that they are now crazy as shit-house rats. Probably a combination of all of the above, but it is what it is.
The one thing I will caution is that if you're over 40 in the tech industry, age discrimination does kick in. Trust me, it's real.
I agree completely with the age discrimination in engineering. As an intern I saw engineers around 50 years old and up get laid off while the younger ones stayed. This is why I decided to own rentals - just in case.
Exactly, in this connected dood's fantasy world, there are plenty of jobs to go around.
In the "local news station" they never report any news, with one farcical exception several months back (all they ramble on about concerns pets, and donkeys, then the weather, then more pets, or some kid in another state od'd while in college, or more donkeys): they mentioned on day that there are so many jobs in America "we" should offshore more of them.
The next week they reported there are so FEW jobs in America, because the old farts won't retire and make way for the young crew to work?
One-fifth of the American work force was laid off over the previous five years, which is exactly the percentage laid off during each and every jobless recovery.
Now how does that happen by chance?
You and I both know the answer to that one.
Not interested in much of anything, aren't they?
Why do they have to be interested?..... if you have a problem with that, its just that. your problem, not theirs.
Because lemmings are generally not going for an economy. They do exactly what they are told to do, and jump off a cliff for it, and then wonder why it hurts when they hit the ground.
I am 5' 5" and a white male. It is impossible to get a job with these traits. This despite having several advanced degrees. The empire aint interested in short white males.
How did Krugman and Reich get their jobs?!?!?!? Guess I shouldnt have been a libertarian.
:(
Your trouble is attitude
Not height.
And screw the degrees, learn a trade.
Short plumbers are useful.
And just accept everything up to this point was a lie? ...and work off my 140k in loans as a plumber? *
Your damn right I have an attitude problem.
FUCK YOU.
* Taking me 5 - 10 years to learn those skills now,...having already wasted 12 years. I dont believe in any of this shit anymore. By the time I am skiled as a plumber ...Im willing to bet thats a mirage too. Cant tell what is reality anymore. Best to make no decisions and just wait it all out until collapse. Cuz its coming !!!1111
It was a lie and you are not alone. Many of us were doing 'what we were supposed to do' and it blew up in our faces. Knowing what I do now I'd have never taken a loan out on anything.....I'd be light years ahead.
These illegals have a competitive advantage. Its infuriating. They get jobs and were never suckered into taking on debt. Its unreal. Wish I was an illegal. :(
They are short but considered minorities too !!!
Seems like its great to be a mexican from where I stand.
I can empathize with your struggles mate, but I'm pretty sure you dont wan't to be an illegal Mexican.
Pretty silly to think semi-illiterate peasants have an "advantage".
GL
They actually do have an advantage--it is called a willingness to work. I have 40 years experience as a skilled blue collar worker and I can unequivocally state that the semi-illiterate peasants have the upper hand because they know how to produce and make a profit for their employer. White guys, not so much. For the most part they come with a sense of entitlement and self importance that they seem to have gotten in the politically correct world of public education where everybody is equal and outcomes should all be the same. Once they get out into the real world they can't adjust to actually having to compete for a job, especially if that competition requires some elbow grease. Who do I see out on the job that wants to improve themselves and learn a trade more than just labor? Not the white kids. The brown guys are eager for the most part (I suspect that the slackers are culled by the process of getting here, no ambition won't get you across the border) and know that the right answer to the question is "yes". I can't fault them for trying to improve themselves. They are here because the system encourages them to be here. If I were one of them and at the beginning of my work years I would be doing the same thing. They didn't make the open borders policy and promote cheap labor by globalization. They just are playing by the rules as they find them. Do I like it? Hell no! But things are what they are. So blaming the aliens just doesn't cut it. We have been sold down the river by the political and banking class.
You can be an illegal too, just give up your citizenship... oh wait that costs a fuckload of money now... which you probably dont have... well, theres always meth lab prospects
Yeah right Mr. seven weeks and six days. I just called it quits as far as working for a living goes. One doesn't do that if he is broke does he? STFU.
I was talking to Lord Byron
I would peddle meth if I had the skillz.
I dont care for my fellow man and could totally go all Heisenberg if given the chance.
I see how it all fitz together.
The trick is to scourge the earth.
Thats actuality what I do nowadays in different form.
I burn people for a living.
I have learned!!!!!!!!!!!!!!!!!!!!!!
I also work outside with my hands in a Western state. Yeah, the latinos are willing to work, partly due to their ignorance (read: peons tend to work hard as they don't know any better) which I don't particularly admire.
My comment above was in response to a college educated (presumably white) dude, bitching about Mexy's having an "advantage" and wishing he were Mexican (lolz).
So their advantage is willingness to work? Thats not really an unfair advantage (which is the type implied by above post)
Guess dude should be humping fucking drywall with Sacremento and I instead of complaing? Or perhaps the Mexy's are taking all the spots in the specialized field that he went to university for? (despite barely speaking English)
ZH'erz always crack me up....
Dipshitz.
Mexican doesnt have 140k in debt. You just dismiss this VERY important fact.
Hi LORDbyronx, you seem like an utter boob to me.
Who held a gun to your head retard? 140k? Holy fucking shit, you are fucking stupid m888t.
Try learning Spanish m'Lord.
No one held a gun to my head.
ITS CALLED 'FRAUD IN THE INDUCEMENT'
Seriously bro....
u barking up the wrong tree.
I see all the angles and can out think you.
so fuck off.
Whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa, whoa... Hold on a second....
You are 140k (thats One hundred and forty THOUSAND dollars) in debt, and can't even compete with 3rd world peasants.
Seriously bro?
You aren't outhinking many people buddy.
I told you that I empathized with you originally (was being sincere), I recind that, you seem like a fucking dumbass.
http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
You empathized with me? FUCK YOU. I do not need your empathy, your pity, or your shitty understanding of economics so obvious in everything you post.
I was a 22 year old kid induced by LIES to take out 140k in debt and you can't seem to grasp that mass importation of ILLEGALS with no debt place me at a competitive disadvantage in the labor market. You really cant see the fucking injustice of it???
So seriously,...take your LAME ASS arguments like "[you] cant even compete with 3rd world peasants" and shove them up your asshole.
LORDbyronXXX:
Your (self admitted) ignorance is boring and your logical fallicies are tiresome.
-Signed,
A dude who got a better education than you paid for by outworking mexican supermen and not taking loans (Guess I didnt learn as many Ekonomix as u).
I would tell you to go fuck yourself, but you sound properfucked already.
so, what do you do? plumming jobs too low for you ... manager job an american dream ... what do you do?
wait for collapse? not so fast ... what makes you think anyone will let you off the hook? even so, what you are going to do after the collapse? work as a manager? dont think so ... plummer? more like it ... why then dont you start now instead of BS on ZH and playing videos?
Yes, willingness to work hard is an advantage obviously but it is hardly an unfair one. Don't sell them short by thinking they are ignorant because they are willing to do manual labor. They do have a huge advantage in arbitrage if they are converting the low wages here for purchasing power back home, but again they don't make the rules, they just learn how to play the game. The advantage is given to them by our rulers because it is profitable to do so. Their unspoken mantra is "Hooray for me and fuck you". So they happily bankrupt us while enriching themselves. As far as some illegal alien/minority taking the jobs that degreed people seek, I agree that isn't really the case, but the Indians and Asians who came here on student visas (and may be illegal because they have overstayed them) did also work hard to get qualified for those jobs. There won't be any improvement until the borders are tightened and laws/taxes enforced that protect the native workforce from outside dilution. There doesn't seem to be the political will for that so it doesn't seem like any hope for the immediate future. As far as those who got taken to the cleaners in the education scam they have a choice to make, an admittedly sour choice, but either get on with things or not. The latter is a guarranteed loser. If that degree is worth the paper it is printed on then there are some skills and abilities available for them.to leverage to their advantage.
i guess thats the easy target to blame ... well, after Obama that is
"How am I going to pay my 100k in student debt when the BROWNS are taking all the GOOD dishwashing and grape picking jobs?"
-Fucking simpletons, divided and conquered since 3000BC
you got that right ... look at the name he has picked for himself.... another universe ... it will be bad when they let it go ...
Probably didn't go to Cambridge...
Hopefully didnt bang his sister....
Solution
Youre an idiot Hapte. You do not even understand BASIC economics.
QUERY: How much do you think the wages would be on grape picking and dishwashing jobs without illegals flooding the market?
ANSWER: HIGHER !!!
So spare me the these are jobs Americans wont do nonsense you imply with your "taking all the good jobs" BULLSHIT.
Oh....and FUCK U 2 !!
ohhhh... got it now!
thats deep thinking compadre :(
Interesting side note on your concern about being too short and white and male to get a job--I have a black female friend. She works in IT around San Fran, one of those Google bus type people, making serious bling. She's politically opinionated in a matter that almost seems cliched for where she's from--liberal social progressive, ardent Obama supporter. I used to argue with her when she'd post some rant on her Facebook page about blacks still getting the shaft, and then I realized she's brilliant! Whether consciously or unconsciously, her playing up the token black stereotype puts her first in line to get hired and last in line to get fired--because you know she'll have a lawyer on it in two seconds claiming discrimination. Think about that.
Strange world we live in...either aline with a protected group or make some real mover and shaker friends. Good luck!
"Many of us were doing 'what we were supposed to do' and it blew up in our faces."
Maybe that was the problem...doing what you were supposed to do.
Skating through some lame ass major is hardly comparable to being a skilled plumber.
Amen, brother.
My problem lies with corporate management. They treat their best people like dirt, because they need them to pick up the slack for the rest. The last place I worked for cut my hours immediately after I started, pushing me below the cut-off point for paid vacation and holidays, yet I still had to work 5 days a week. After 2-3 years of giving them high quality work with the lowest error rate they'd ever seen, they had in mind to FORCE me to work full time. They didn't ask or try to convince me. I told them I didn't trust them to keep their end of the bargain anymore. After 3 years of no vacation, I certainly had no desire to work full time. So now I'm trying to make it working for myself, thank you very much.
Amen, brother.
My problem lies with corporate management. They treat their best people like dirt, because they need them to pick up the slack for the rest. The last place I worked for cut my hours immediately after I started, pushing me below the cut-off point for paid vacation and holidays, yet I still had to work 5 days a week. That wasn't what we agreed to when I accepted the position, but it didn't matter to them.
After 2-3 years of giving them high quality work with no sick days and the lowest error rate they'd ever seen, they had in mind to FORCE me to work full time. They didn't ask or try to convince me. I told them I didn't trust them to keep their end of the bargain anymore. After 3 years of no vacation, I certainly had no desire to work full time. So now I'm trying to make ends meet working for myself, thank you very much.
Work hard and vote!
USA! USA! USA!
Arbeit Macht Frei!
Adblock Macht Frei
The Abolition of Work
http://www.primitivism.com/abolition.htm
His problem is altitude.
Don't worry, Obama and his Republican leprechauns will destroy any hope of ever having a job with those advanced degress when they extend H1-B visas to infinity. You know, because there are no Americans with advanced degrees to hire according to Mark 'Yes I'm a Douchebag Bitchez' Zuckerberg.
Millenials should stop bitching about the older generations when it's Global Progressivism that's their real enemy.
.
Yeah! Then, when you are certain that Apocalypse Monday lies on the other side of the weekend you "come in" as hetero! And when you are ushered into the office to collect your pink-slip and the boss starts yammering about how s/he's "disappointed", you run a machete through their gullet. That'll learn 'em!
P.S. Apparently the Gay Mafia got to Cracker but he advised byron to dress flamboyent/gay to get the job.
Yep.. The Gaystapo let me know that I'm only allowed to praise certain hiring practices.
What are your degrees in? Your username is lordbyron, I hope you don't have degrees in English.
Krugman and Reich have long, long, long supported the offshoring of American jobs through all those "free trade" agreements.
Surely you jest?
So, after ~ 4 years of having ZerHedge open at all tmes, I now have to close the web page to avoid these damn Videos advertizments the I cannot seem to dissable of mute - Does anyone have 1) the sam eproblem 2)a sloution??
We apologize for that: it is a problem with Google Adsense - we have contacted them and have requested they fix the autoplay issue asap.
Much appreciated...
Yes, very much appreciated.
Will that fix the problem I have when trying to read ZH on my phone ( ads covering 100% of screen and can't be moved) ? ZH works all right on my computer but I haven't bothered with it on my phone for a few weeks because I can't read it.
Thanks Tyler! It is rather annoying and cumbersome to have to find the add with multiple pages open and pause it...or mute my computer.
Even better. Download TOR browser. What is TOR? TOR is a Mozilla based browser (Firefox engine), that already has NoScript installed, and will block all kinds of things from running on the page unless you specifically allow it. Not only that, you browse anonymously. Nobody knows who you are when you land on a site, as it masks your real IP address. You can install TOR and run it side by side with any other browsers in your machine. As some other posters have noted, AdBlock is effective. Consider installing NoScript if you want to stay with Firefox in addition to AdBlock both those are available right inside Firefox. Check tools, add ons/extensions. If you want to see where a site is really from, you can install another tiny program that produces virtually no overhead on your browser speed: FlagFox. It displays a tiny country icon on the right side of your URL bar. If you want any videos to run after installing NoScript, you can allow them to run, and they will. In time, you will love those add-ons. It returns control to you. Good luck.
.
I thought that if you even went to the TOR site, an NSA spy would take residence in your toilet in order to observe you day and night, in order supplement Facefuck's data on your flushing patterns.
Oh, right, they already do that if you post on ZH; well, why not go ahead and TOR.
Good grief - sorry about the spelling tragedy... Let me try this again
So, after ~ 4 years of having ZeroHedge open at all times, I now have to close the web page to avoid these damn Video advertisements that I cannot seem to disable of mute - Does anyone have 1) the same problem 2)a solution??
Agreed. It's beyond anything I have seen other than scam sites. Videos playing everywhere, pop-ups that slip through, delayed tabs that roll out, etc. It's impossible to even view on a mobile device. Right now I'm watching a damn Lysol commercial. Now's another one that started for Tide.
WTF
As soon as I hit "enter" the screen was dominated by a Cetera ad that grays out the entire screen. Now a Gain commercial with some idiot smelling his clothes. Now Alegra.
It's never ending. Now Amazon is playing a video.
It would be one thing if these were ads but the damn videos are fucking retarded.
Three words: AD Block Plus
4 words : wont work on smartphone
Three words: AdBlock for iOS.
you need to quit IE, and start using firefox. Then, downlaod the app called Ghostery. It will show you all the nasty little pop up programs that are running behind the scenes and allow you to close them permanently.
But be mindful that Ghostery was created by a YID who was VIDEOTAPED high fiving a CIA OPERATIVE after he DYNAMITED the I-BEAMS on the TWIN TOWERS on 9-11.
This works for me, 'bought' it a few years ago - donation is requested - well worth it.
AdBlock
link:https://adblockplus.org/en/firefox
Firefox browser with Flashblock and Adblock Plus add-ons installed.
What ads? I have yet to see one.
Ditto that! They are the best thing to come down the pike in quite a while. THey make reading ZH a pleasure again!
Been using Adblock + NoScript for many years. Ghostery recently. I still find it surprising the amount of people who have no clue how to google search something and find a solution.
if you can find a solution - and test it - that works for an ipad air or android smartphone on mobile data ( not WiFi), then I will be most interested. Google search delivers nothing for these devices.
.
I see none of that. Adblock Edge on Firefox.
Free, installs in 15 seconds, don't even have to close browser.
Works for Chrome and IE too.
http://adblock-edge.en.softonic.com/
Awesome! Thanks to all...
The advertisements on ZH are totally borked.
I have various machines in my shop (multiple Linux, Windows and a Mac). I always surf ZH on the Mac (an old MacBook - the cool black polycarbonate one). With dual 2.16 GHz cores/3 GB ram it is plenty powerful to handle most everything - YouTube/CNBC videos, Software IDEs, etc. but was totally swamped by the Flash ads on ZH. Both cores would peg and RAM would slowly fill with memory leaks. (A memory leak is when a progam uses RAM and doesn't free it when done). The Flash player would peg both cores and consume more and more RAM - into the hundreds of megabytes. The highest I saw was 1.5GB! - for no good reason.
I am loath to install any ad blocking plug-ins since generally ads don't bother me, they pay the bills for the site owners and maybe, just maybe, they might have something I want. However the ZH ads where preventing me from doing anything. Listening to music, watching videos, and worst of all not allowing reading ZH and scrolling the page or even actually seeing the ads! They had to go.
So I took a look at the html and found these sad bits of cyber-excreta:
178.209.48.7/ad.doubleclick.net/ Do NOT follow this link or you will be banned from the site!
185.32.215.115/ad.doubleclick.net/ Do NOT follow this link or you will be banned from the site!
(You can see the source using the "View Source" menu item. Do that and search for the word "banned")
Is this malicious and/or incompetent? If malicious then what is it doing? Best I could come up with is bitcoin mining or something weird. Most likely just stupid. Any web monkey fubared in the head and childish enough to say something like that is a danger to themselves and others anywhere, anytime.
Reluctantly I blocked the two IP addresses in my firewall and ALL PROBLEMS WENT AWAY! I also blocked domain investingchannel.com just out of suspicion but that may have been an unfortunate mistake. Sorry guys but I was desparate.
ZH members have been complaining about the these problems for months. Tylers, I respectfully request that this problem be investigated and fixed for the good of the club and your grateful readers.
So old people have to stay in the work force because they can't afford to retire while youngins aren't entering the work force because they are spoiled brats who don't feel like working. WELCOME... to the Dear Leader obama "recovery."
As long as there is one good unemployed kid who is trying to get a job, I don't care how many slackers are out there. Plenty of slack shits in the workforce too. I don't know how they manage to stay there when there are good kids that are unemployed but I've seen enough of them in my time.
Ain't enough jobs anyway.
Just make sure that those who work make more money than those who don't. The "keeping up with the Joneses" mentality will make sure that society does not have too many slackers. Too many slackers? There must be something wrong with the incentive structure. Minimum wage worker vs unemployed: Who is winning?
Listen, those kids are going to college and university to learn that being inclusive, having hope, and breaking a window will make the world a better place while they live off Mom/Dad/Grandparents and are covered until age 26 on the Parents health plan.
If they went out and got some sling-hash/wear bling job they'd be paying $250/month in Obamacare premiums for NOTHING - and that's a whole week of work at 29.5 hours/week (so the corporate parasites don't have to pitch in).
So, you might call them lazy, or unmotivated - but they don't appear to be stupid.
Sheesh, when did ZH devolve into starting posts with 'Listen'?
It was used as seasoning for "college" and "inclusive".
Your above post nails it hard eb. +1
"Sheesh" is better than "listen" in what way?
They will work.....When they are sent to prison!
Well you'll work harder
With a gun in your back
For a bowl of rice a day
Slave for soldiers
Till you starve
Then your head is skewered on a stake
Good fucking Dog. Listen up economists. The problem is as simple as it is complex. If you dont earn enough working as you do collecting government bennies, and cant afford to eat, heat, and fucking live. If working cant give you the basics, while living on the dole allows you to keep your head above water and do such, what would you do you fucking academic idiot?
With year on year inflation running at 10%+, just what the fuck would you do you well educated idiot?
Folks are struggling to get by, all the while you service the fucking thieving cunts at the top who destroy us all and never provide one solid good from thin air, like they do with the monetary supply. Of course labour supply will drop off you fucking clueless cunts.
The only way they can live is off of government handouts. They have nothing left, nothing left to give, they have no, other, option. Go live in their shoes for a week you cunts, and just see what you fuckers are doing to the working class.
The labour force on a long enough time line will reduce to Zero. The lowest, the very lowest common denominator. Its fucking built into the system. When the money you get paid with, cant and wont cover the basic bills, why would you continue doing so?
The little people, those that make our cuntries tick over are being skinned alive and they dont even know it. All the while, those doing 'Dogs Work' walk away laughing. Not for much longer. Not at all.
;-)
Thanks. Good read. Straightforward common sense ;-)