Forget Iran, Americans Should be Hysterical About This

[Solve et Coagula]

Forget Iran, Americans Should be Hysterical About This

Nuking the Economy

By PAUL CRAIG ROBERTS

Last week the Bureau of Labor Statistics re-benchmarked the payroll jobs data back to 2000. Thanks to Charles McMillion of MBG Information Services, I have the adjusted data from January 2001 through January 2006. If you are worried about terrorists, you don’t know what worry is.

Job growth over the last five years is the weakest on record. The US economy came up more than 7 million jobs short of keeping up with population growth. That’s one good reason for controlling immigration. An economy that cannot keep up with population growth should not be boosting population with heavy rates of legal and illegal immigration.

Over the past five years the US economy experienced a net job loss in goods producing activities. The entire job growth was in service-providing activities--primarily credit intermediation, health care and social assistance, waiters, waitresses and bartenders, and state and local government.

US manufacturing lost 2.9 million jobs, almost 17% of the manufacturing work force. The wipeout is across the board. Not a single manufacturing payroll classification created a single new job.

The declines in some manufacturing sectors have more in common with a country undergoing saturation bombing during war than with a super-economy that is “the envy of the world.” Communications equipment lost 43% of its workforce. Semiconductors and electronic components lost 37% of its workforce. The workforce in computers and electronic products declined 30%. Electrical equipment and appliances lost 25% of its employees. The workforce in motor vehicles and parts declined 12%. Furniture and related products lost 17% of its jobs. Apparel manufacturers lost almost half of the work force. Employment in textile mills declined 43%. Paper and paper products lost one-fifth of its jobs. The work force in plastics and rubber products declined by 15%. Even manufacturers of beverages and tobacco products experienced a 7% shrinkage in jobs.

Continue to read:
http://counterpunch.org/roberts02112006.html

[Drip Curl Magic]

you still have yet to voice any opinions on anything you're posting.

The people here are lookin' for a good debate.

which is why you're getting negative feedback on all your threads.

what do YOU think, solve et.

Let us jump into your mind.

What makes you tick? what makes you tock?

[C1ay]

Originally Posted by Solve et Coagula

Forget Iran, Americans Should be Hysterical About This

Nuking the Economy.....

Care to discuss the reasons for this? If not, your baiting, trolling membership will be terminated. This is a forum for scientific discussion, not baiting, hit-and-run posts. If you don't want to participate in the discussions you need to move on.

[TheBigDog]

I concur with Drip and C1ay. I have been griping about no debate from this character for a couple of days.

That said... With an unemployment rate of less than 5% I don't think we are in such desperate times as this propaganda would indicate. There are bleeding hearts that feel that any time that anyone is unemployed is a desperate time for the whole country. That dismisses a person's obligation to help themselves. Even in communist society where everyone was assigned a job there was still a portion of the population that chose not to work, and worked the system to make that possible.

The lies embodied in Solve's propaganda make us do nothing but waste time convincing people who want to believe the worst that it isn't true. As I have just done.

Bill

[clapstyx]

A point of debate..how serious do you want to get ?

How about this is evidence that the US economy has reached the end of its expansionary rubber band. It has kept ahead of itself only by maintaining constant growth and will now begin to shrink quickly under its own debt level cash flow inversion and be overtaken by the Chinese economy which has been able to minimise the cost of living to a greater degree. Does the US have enough gold to to substantiate its currency ?

[DFINITLYDISTRUBD]

Originally Posted by clapstyx

Does the US have enough gold to to substantiate its currency ?

America doesn't back it's cash with gold anymore...It hasn't since Roosevelt (or was it Truman) turned the whole economy over to international coorperate bankers and introduced americans to deficet spending (near the end of the great depression). I shall try to relocate the link I found this...and post it here.

[DFINITLYDISTRUBD]

Shoot! I was wrong with both and the period it was Wilson pre-depression era.

Wikipedia "federal reserve"...pretty much explains it all. I still haven't found the link will keep looking though.

[CHADS]

I suppose solve et coagula may of seen a pre cursor to 2008 economic slow down and not the propaganda people got him suspended over ...... If peoples opinions were taken with less beligerence and in a more scientific idium then perhaps you could of saved alot of peoples money!!

solve et did not know the reason for this , he just presented statistics and if you used more logic than ego you would of endeavoured to continue within this thread in a less beligerrent fasion and more helpful manner ..... Clay Bigdog and Drip certainly arn't teachers .

you cant sack everone who,s opinion is seen as propagana.

Like saying nothings wrong to keep up appearence .. but later on everything collapses around you ... you blame something immediate not what propagandists seen years earlier.

Its a policy for ruin .... You must know everything if you disregard others opinions ..... Beware of those that deny free flow of information for in their hearts tjhey se them selves as your master.

What do you think Solve et Coagula ? Admin took the wrong executive decision?
Find the statistics for all you can in the office of Statistics and if they deny you the info your Democracy is under Question.

[sanctus]

Chads,
I don't remeber when we discussed about Solve amongst mods, but here is my guess: this is only one of his posts and there are others of him which may give another impression of solve; also, thing is, he wrote but didn't reply=definition of hit&run post and it seems that this wasn't the only time he did this (see C1ay's post).
We are never sacking someone for opinions simply because there is not a common opinion amongst mods (a part on subjects like racism etc.); but if you ever feel like this is case feel free to use the user feedback forum or send a pm...

Anyway I agree with you, reading only this thread of Solve it seems a wrong decision...

[Zythryn]

I fully understand and support the banning of people who drop inflammatory posts and fail to then discuss them. This is, after all, a discussion forum.

As for the predictive quality of this thread, I can also predict economic downturns with 100% accuracy (as long as I don't have to give a time frame).
For example, the earth faces utter destruction of all life on it!!
(disclaimer, this will happen sometime between the time you finish reading this and the next 4-5 billion years)