The true unemployment rate is closer to 16.4%

[Mike 03]

If you include the U-6 tally, that incorporates those who are too discouraged to look for a job, and those working part time hours because they can't find full time slots, the rate is:

closing in on 17%.

Source: Barron's, edition June 8.

[Taverner]

1. When THAT hits 25% expect the SHIT to hit the FAN

[Mike 03]

4. I wouldn't be surprised.

What do you expect will happen?

[Taverner]

8. Here's the problem: if this was the 1930's, community values trumped individual ones

So neighborhoods would have formed unemployed people's councils and the like.

But we a a fragmented people - so I expect more violence, more acts of antisocial activity, more barbarism.

Aristotle was dead on when he said "...he who is unable to live in society, or who has no need because he is sufficient for himself, must be either a beast or a god: he is no part of a state."

[rurallib]

2. Limbaugh claimed Friday that Boosh counted all the unemployed

:rofl: :rofl: :rofl:

I listen for maybe three minutes and caught that gem.
ETA - St. Ronnie the Dithered changed that long ago.

[Blue_Tires]

3. don't forget the 'grossly under-employed' figures

of which i am one...

[Mike 03]

5. Yeah, and probably me too in that category.

I'm sorry you are in that basket too.

There is no question that many, many more people are in distress than are recorded by government figures.

Is that a good way to put it?

[Mike 03]

6. Yes, I wonder what it really is? 25%? NT

[TheWatcher]

7. NOW You've Done It. You've DARED To Post Sobering Reality In GD, Citizen.

Prepare to be assaulted by the Keepers Of The Order Of the Eternal False Paradigm with devastatingly dismissive and pooh-poohing dialogue about How U6 "Doesn't Exist", "Isn't Relevant", is "Just A New-Age, Alternative Way of Measuring The Work Force That Isn't Reliable", "Skewed Data", "Doesn't Make Me Feel Good, So You're A Debbie Downer Pseudo-Republican, Doom-SayerPants Who Wants The Economy To Fail."

[lifesbeautifulmagic]

9. well,

it is 100% in my family

[Coyote_Bandit]

10. And then there are those

who are now considered employed because they have the iniative to bring in a few bucks here and there doing odd jobs or consulting.....

And then there are those who gave up looking for work and decided to go back to school and get some new skills to make themselves more competitive in the future.....

[Blue_Tires]

11. kick...