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Obama's True Legacy: 95 Million Americans NOT in Labor Force. Up 18% since he took office. (1 Viewer)

Higgs said:
Or it could be those poor men without a college degree age 25-54.  You know, the segment of the population that lost Hillary the election.  http://www.theatlantic.com/business/archive/2016/06/the-missing-men/488858/
Many of those poor men without a college degree age 25-54 are former felons, who have a difficult time ever voting in some states, such as Florida.

Some of the reasons those men are not in the labor force are: more satisfying activities at home, such as video games and porn - why get a real girlfriend; health, both physical and emotional. Interestingly, the labor participation rate has gone up quite a bit for both men and women, age 55-64 and 65+. Some of these older folks can't afford to retire or pay for health insurance, and some are making too much money at a job they enjoy to consider retirement. 

 
So why aren't American's taking all the available jobs? 

And if American's don't want them then how can immigrants be stealing them?

Did the immigrants take all the high paying jobs in the glamorous agriculture and cleaning industries?

 
So why aren't American's taking all the available jobs? 

And if American's don't want them then how can immigrants be stealing them?

Did the immigrants take all the high paying jobs in the glamorous agriculture and cleaning industries?
And corporate america has been very vocal as well.  They want to pay their workers more. They hate having to pay the undocumented workers a lower wage, but there is just no other way.

 
In addition to the retirees, I imagine a fair number of these folks are not in the workforce because they are stay at home spouses or are in (or have gone back to) college. That's not necessarily a bad thing, is it?

 
HellToupee said:
US unemployed have quit looking for jobs at a 'frightening' level: Survey

Nearly half of unemployed Americans have quit looking for work, and the numbers are even worse for the long-term jobless, according to a poll released Wednesday that paints a grim picture of the labor market. 

Some 59 percent of those who have been out of work for two years or more say they have stopped looking, the Harris Poll of unemployed Americans showed. Overall, 43 percent of the jobless said they have given up, according to the poll released in conjunction with Express Employment Professionals, a job placement service. 

 
Yeah, I made the same Argument when Reagan "reduced" unemployment while all the steelworkers in my family couldn't find jobs. This is not new.

 
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Ministry of Pain said:
I will say this. If a certain % are due to age or retirement, I strongly urge people to think about that and what kind of opps that means to folks in their 20s and 30s right now. Professions where the turnover means big dollars for people just hanging around and taking those accounts. 

Use your head people. Sales for sure should be explosive the next 5-10 years. This younger generation already doesn't want to talk, they would rather text from across the room. If you armed yourself with a degree as a youngster or just been working in the job market last 5-10 years, huge things on the horizon for you. Those who have worked hard are going to reap the rewards. Those who have built a bed to lie down in and feel sorry for themselves or allow others to feel sorry for themselves...gonna be a rough go of it for a while. 
Obama's legacy.  Nice to see you recognize it.

 
What kind of jobs do uneducated young men expect to get?  What skills do they bring to the table?  How much do they expect to get paid?

 
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Lots of Dunning-Kruger Effect victims in here.  Obama is going to be remembered by historians as an above average President.

 
Ministry of Pain said:
38 year low. I see help wanted signs but they don't seem to be places most folks in here would want to work. So why would anyone want to get off the couch for 10 bucks an hour when they can sit home? It might even cost them money to go to work. 

Sit at home and watch others work, that's the American Way! 
Baby boomers retiring, news at 11.

 
Ministry of Pain said:
Once the Baby Boomers die off though you're left with a lot of money and a lot less mouths to feed. 


Are you saying the population will decline?


Not necessarily 
Above is your comment, my response to it, and your response to mine.

What exactly are you saying? How will there be less mouths to feed in say 2030 as a lot of boomers will have died or the generation is fully in the process of dying off?

 
In addition to the retirees, I imagine a fair number of these folks are not in the workforce because they are stay at home spouses or are in (or have gone back to) college. That's not necessarily a bad thing, is it?
Exactly my wife and I both worked in 2008, not only I work as she is a stay at home mom.

Thanks Obama!!!!!

 
I think he'll be ranked somewhere between 15-19 by most historians.  Real close to Clinton.  He might seem better to people who can read, but that's only because we are comparing him to his predecessor, who was one of the worst Presidents.

 
Skoo said:
So when did the Unemployment rate stop being a valid indicator of how the labor force is doing?

I mean it seems like it was perfectly fine for the last 80 years right up until they started looking good for Obama, but that can't be it.

So what has changed?
Since I've been alive (42 years) it hasn't appeared to be all that useful of a stat.  Not sure what you mean by "valid" here, but as an individual stat (the way you presented it here) it's always been pretty useless.  So my answer to your question about changing, I'm going to have to go with "nothing"....as useless by itself as ever.

 
What kind of jobs do uneducated young men expect to get?  What skills do they bring to the table?  How much do they expect to get paid?
The under-educated white males I have to hear from tell me that they should be able to raise a family of 4 on one income, that one income coming from being a janitor at a school, or a seasonal construction worker off during the winters. When my wife commented that maybe they should be looking for higher paying jobs, she was told that answer was a typical liberal response and this is why Trump got elected. When she mentioned the economy had done well under Obama, she was asked to define "the economy". They claimed that sure, employment was doing great "for illegals", but the whites are suffering. :rolleyes:  Some Trump supporters bristle at being called racists. Not these guys. 

This is one of the real life anecdotes I'm lucky enough to have heard over X-mas. Under-educated white males and their wives that think like this, loud mouthed and feeling entitled. Therefore, Trump! 

 
I know a guy that stuck his arm in a box machine and loves getting his check every month you can do that!
Okay, now that is a tangible example of what a person could do to start collecting the big bucks.

Unfortunately as a small business owner I am not eligible to file work comp claims.

Interestingly enough (or is it ironically?) my business is to value and settle large loss/catastrophic work comp claims typically, but not exclusively, on behalf of of employers and insurance companies.

Any other legal options for me to start collecting the fat stacks while not looking for work?

 
I think janitors and the like should be provided a legitimate living wage. Pretty sure Trump disagrees, y'know, with the whole opposition to a federal minimum wage thing.

But this isn't about Trump or living wages. This is about collecting fat stacks while being unemployed and not looking for work.

Tell me more about how to do that.

 
I honestly don't recall having ever heard this stat quoted.  I'm. It sure that I really care about it. I only care about people who want employment and can't get it.

 
The under-educated white males I have to hear from tell me that they should be able to raise a family of 4 on one income, that one income coming from being a janitor at a school, or a seasonal construction worker off during the winters. When my wife commented that maybe they should be looking for higher paying jobs, she was told that answer was a typical liberal response and this is why Trump got elected. When she mentioned the economy had done well under Obama, she was asked to define "the economy". They claimed that sure, employment was doing great "for illegals", but the whites are suffering. :rolleyes:  Some Trump supporters bristle at being called racists. Not these guys. 

This is one of the real life anecdotes I'm lucky enough to have heard over X-mas. Under-educated white males and their wives that think like this, loud mouthed and feeling entitled. Therefore, Trump! 
I work with a single mother of 2 children.  She has a science degree and is fairly well paid, but thinks she should be entitled to EBT cards, free health insurance and other various government programs to help her.  She refuses to vote for Democrats because she is convinced that they only want to give this money to illegal immigrants, instead of white people (paraphasing her).  Keep in mind that I live in rural middle America, where there aren't many non-whites to start with.  I try to understand her POV, but I just can't.  Maybe someone can help me here.

 
Above is your comment, my response to it, and your response to mine.

What exactly are you saying? How will there be less mouths to feed in say 2030 as a lot of boomers will have died or the generation is fully in the process of dying off?
Influx of immigrants from all over the World are going to replace a lot of them. The generations behind them are simply not as large Ive read. Is the information you have say different?

 
I honestly don't recall having ever heard this stat quoted.  I'm. It sure that I really care about it. I only care about people who want employment and can't get it.
Lots of folks wanted jobs in the last 5-10 years and can't get it. Part of the reason the number of folks not participating is large is due to being told no no no so many times until you get tired.

Companies love to proclaim vacancies because they can't find anyone qualified to fill it despite millions of highly educated folks in this country. It's a sham. 

 
Lots of folks wanted jobs in the last 5-10 years and can't get it. Part of the reason the number of folks not participating is large is due to being told no no no so many times until you get tired.

Companies love to proclaim vacancies because they can't find anyone qualified to fill it despite millions of highly educated folks in this country. It's a sham. 
Is this coming from verified sources or are you going with Trump's "I'm hearing..." shtick?

Nothing wrong with the Trump shtick, it put him in the White House, I'm just curious.

 
Is this coming from verified sources or are you going with Trump's "I'm hearing..." shtick?

Nothing wrong with the Trump shtick, it put him in the White House, I'm just curious.
Based on personal experiences and hundreds of professional acquaintances I've made over the last 20 years. So many friends were laid off and never were able to make the same money again in any field. Lives destroyed.

 
Can't think of anyone I know that was looking for a job and couldn't find one. The small business owners I know can't find enough qualified people. 

 
I don't consider no college uneducated. How does going to a college make you "educated ". 

I graduated from Dartmouth , should I look at someone that graduated from a CC or low level state school as educated or uneducated? 
How else would you define someone without a college degree nor trade skills?  Most "good" jobs in the country require one or the other.  Sure there are some sales jobs that don't require college and can pay well, but your odds of landing a good paying, lifeline career go up immensely the more "educated" (ie colllege) you are.  I don't think that this is a controversial stance.

Ans to your question, CC not educated, 4 year state school degree, educated.

 
I don't consider no college uneducated. How does going to a college make you "educated ". 

I graduated from Dartmouth , should I look at someone that graduated from a CC or low level state school as educated or uneducated? 
It's a joke isn't it?  I went to an Ivy League school as well and I say all the time that the best educational experience I ever had, the learnings that were most influential in my life and my ability to think critically came at Hartford Public High School.  And that's the absolute truth.  College is over-rated.

 
I think he'll be ranked somewhere between 15-19 by most historians.  Real close to Clinton.  He might seem better to people who can read, but that's only because we are comparing him to his predecessor, who was one of the worst Presidents.
Obama is the "everything is better and on the right track, but nothing is as great as it should be" president. Or as he would say it, the president of the "more perfected, but not perfect" nation.   Obama said at 100 days that he was steering a ocean liner and not a speed boat and that he hoped that when we looked back in 10, 20 years we would say that this was the time we started to address this or that issue.  So I think he accomplished what he set out to do.  Seldom in the ways he or I or you would have wanted.  Maybe  he could have navigated the political landmines better.  He certainly had a lot more patience than I had - especially early on.   So maybe he would appear better today if his rhetoric of 2007 and 2008 didn't inspire as much hope or raise expectation of so much change, but I think these benchmarks of today will largely be  mere footnotes to historians.  They won't judge the "rock star" Obama, but the Obama that would sit down and do extended interviews where he revealed his intelligence, his decency, and most of all his infectious love and confidence in America which served to guide this nation forward.  I think Obama stacks up very well against more than just "W".  Ultimately Obama is among the top non war, non founder presidents. He will be near the end of the list when you judge on great moments and he will move forward when you consider the whole body of work.   I  don't know where that fits in your numerical rankings and whether that means we are agreeing or disagreeing.  

 
Based on personal experiences and hundreds of professional acquaintances I've made over the last 20 years. So many friends were laid off and never were able to make the same money again in any field. Lives destroyed.
Is that the fault of Obama, your friends or just the nature of Capitalism?

Look at the coal industry. There used to be tons of well paying middle class jobs in that industry. I believe it was around 80,000 at the begining of the Bush 2.0 Presidency (I need to check that number again but it's in the ballpark) and now it is less than 13,000. It is convenient, not to mention politically expedient, to blame Obama but even the most basic research (on the level of monkey meets keyboard) will show the obvious reality is the open market killed coal.  Natural gas is cheaper so the market moved in that direction. It's that simple, as it typically is.

I imagine that while people are trying to pass blame in whichever political direction they are aligned against (and the masses feast upon like manna from Heaven) the likely reality is that the market found cheaper alternatives and people, like your friends, were too slow to adapt and became the casualties of inevitable market shifts.

Now please get back to telling me how to collect all that free money without working for it.

 
I too would like to make a bunch of free money without working for it.   I make a very good living, but I'd surely take a small decrease if it means not working.

 
Obama is the "everything is better and on the right track, but nothing is as great as it should be" president. Or as he would say it, the president of the "more perfected, but not perfect" nation.   Obama said at 100 days that he was steering a ocean liner and not a speed boat and that he hoped that when we looked back in 10, 20 years we would say that this was the time we started to address this or that issue.  So I think he accomplished what he set out to do.  Seldom in the ways he or I or you would have wanted.  Maybe  he could have navigated the political landmines better.  He certainly had a lot more patience than I had - especially early on.   So maybe he would appear better today if his rhetoric of 2007 and 2008 didn't inspire as much hope or raise expectation of so much change, but I think these benchmarks of today will largely be  mere footnotes to historians.  They won't judge the "rock star" Obama, but the Obama that would sit down and do extended interviews where he revealed his intelligence, his decency, and most of all his infectious love and confidence in America which served to guide this nation forward.  I think Obama stacks up very well against more than just "W".  Ultimately Obama is among the top non war, non founder presidents. He will be near the end of the list when you judge on great moments and he will move forward when you consider the whole body of work.   I  don't know where that fits in your numerical rankings and whether that means we are agreeing or disagreeing.  
"Infectious love and confidence in America"?  Really?  He's been criticized over and over for going out of his way to downplay American exceptionalism.  Michelle was "for the first time proud of America" only after he got elected, and now that he is leaving, she has gone back to "not having any hope".  I don't know, I think of Obama more as a globalist who thinks America was too high and mighty in the world stage, and sought throughout his Presidency to make us more right sized.  I do like the rest of what you posted though.

 
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I too would like to make a bunch of free money without working for it.   I make a very good living, but I'd surely take a small decrease if it means not working.
So far the list is:

a)  Get your arm cut off in a factory accident (amount undisclosed)

 

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