TobiasFunke
Footballguy
Hey genius, you don't have to guess as to why people are leaving the workforce. The link I provided in my post that discusses the labor force participation rate has a graph that breaks down the data into "does not want to work," "wants to work but can't find work," "in school," and "working." If you spend five seconds looking at that graph you'll see that "does not want to work" has increased significantly during the Obama administration, and that "in school" has increased over time, while "can't find work" has been in a pretty steady decline since 2010 or so.Is this real? I am going to stick to the first half of your responses.The fact that about 100 million Americans aren't participating in the labor force.What the #### is your problem with America right now?Lol @ wanting to make America great again = bigotry
Yeah, it's a real shame how people are happily retiring, staying in school longer and staying at home to raise children at increased rates these days.
Record numbers of people are on government assistance of some kind.
Again, this includes retiring baby boomers. It's demographics, not a change in social policy or a reflection on the economy
The ones who are working feature a significant number who are underemployed or making less than they were before the recession.
Real wages have been fairly stagnant, which isn't ideal, But it's not like it's tearing the country's economy apart- our per capita GDP is still by far the highest on earth. Welcome to capitalism. If you want the government to artificially distribute that wealth and boost employment/wages, Sanders is the candidate for you. Trump has proposed nothing in the way of a jobs program- he's not even gonna have Americans build that wall.
The average American family doesn't really have any assets and lives paycheck to paycheck
See above. Also, link?
Even though families have both parents working they are still barely able to tread water, let alone get ahead and accumulate wealth
See above. Also, link?
The economy is smoke and mirrors built on zero interest rates and money that the government prints nonstop
Yeah well, that's just like, your opinion, man
We are still in the shadows of the second biggest economic downturn in American history and you think that after billions upon billions of household wealth was wiped out things are just fine and humming along?
It is fascinating to hear on one hand the left bemoan the transfer and consolidation of wealth in the hands of the rich and then simultaneously suggest that the average American is doing just fine now. Really?
How is that possible with the viewpoint espoused by so many in these threads.
I will tell you why people are "happily retiring, staying in school longer and raising a family at home."
Because they can't find a job. There wasn't some great epiphany springing forth out of a quasi economic depression where people said...you know...I can't find a job...so I am just going to retire and go RVing across the country or raise my kids instead of sending them to daycare.
People retired because they couldn't find jobs. Many have been permanently axed from their line of work. Only in TF's world do a bunch of workers near retirement age see their home values get crushed, lose their jobs and watch their retirement savings get hammered and then decide...nah...I didn't need that stuff anyway.![]()
More people are staying in school longer and stretching their degree process out, going back to school to get higher education goals met, etc., because it is very simple. If you can't find a job...you might as well go to school and try to make your skill set more competitive. But even if you can't really make your skill set all that much more competitive...at the very least by going back to school you suspend your student loan payments until after you graduate.
And on top of that...the government will give you loans above and beyond your tuition so that you can then use that money to help pay the bills on the home front.
And yeah...after decades of feminism women just decided to go back home and be stay at home moms after the great recession? I know people who pay $1,500 a month or more for child care/pre school for one kid. Parents aren't staying home because they are all trying to be better parents. They are staying home because the jobs that they can find pay less than they were making before and after you factor in schlepping off to work for the man for 40 hours a week plus commute time and costs, that after taxes and paying for day care you begin to wonder why the hell are you working just to pay the day care.
Then you want to point to baby boomers leaving the workforce as another support data point? Explain to me why workforce participation for 55+ year olds is basically at an all time high? They just working side jobs so they can take the grand kids to Disneyland next weekend? Puhlease.
It is the twilight zone up in here.
Or you can read any number of other articles that argue convincingly that the decrease in the labor force participation rate is due to demographic shifts, changes in how we go to school (lower dropout rates) and changes in the kind of work we do (more freelance work). Here's one in noted liberal rag Fortune Magazine pointing out that economists predicted the drop for these exact reasons way back in 2006, before the 2008 recession or Obama's candidacy. Or you can trust the analysis the Bureau of Labor Statistics, the same people who compile the numbers in the first place, or the Federal Reserve Board, both of which are summarized here.
Or you can do none of those things and instead go on a rambling fact and statistic-free rant with no links or hard evidence to support your claims.
I have a feeling I know which one you'll choose!