Tapsearch Com EditorEconomic ethics no longer exist
Years ago, an organization called GETTING AMERICA WORKING, published a report saying that 50 percent of human resources in the U.S.A were not being used.
Today, it is reported that the U.S. is suffering the worst unemployment in 25 years. This is a flawed comparison since most jobs in the past that were involved with employment statistics were full time 40 an hour a week jobs. Today, someone making only a $100 a month is considered employed. I do not know where they now get the new statistic of more than 17 percent are unemployed if part time workers are counted. They have been counted for years. Today many workers have up to four part time jobs at a time and so it is also questionable how current reporting covers four jobs for one worker. The unemployment bureau finally did report a few years ago that there are 4 million workers who are not listed as unemployed since they stop looking for work. It is obvious that number is much greater than 4 million. If the reporting was really based on comparisons from the past, the U.S. would show at least more than 25 percent unemployment. The statistic that is most alarming is the low percentage of workers who are receiving unemployment insurance payments. Only about 38 percent of all workers in the USA, qualify for unemployment insurance. About 62 percent, do not work long enough on one job or make enough money on any job to qualify. This statistic in itself demonstrates how contradictory current unemployment rates are. No one in Congress, questions any of the obvious contradictions. President Obama ignores these contradictions too. Even worst, new reports show that 50 percent of all children in the U.S.A. will be on food stamps at one time or another. This demonstrates how poor the new working poor class really is.
I worked at several factory jobs while going to college. I made the equivalent of $15 to $20 an hour. All these factories are gone and most of the companies are gone too. If these jobs were available today, there would be thousands standing in line applying for them including college graduates who would take them on a pernament basis and not only as a means to an end.
Of the 25 companies that I was with , none no longer exist except an international airline owned by the French government. This is a sad commentary about who we are as a people and as a society. My old customer and prospect list of 1000 clients has faded away to almost nothing. Virtually , all these companies were put out by so called free trade.
Even Adam Smith, who the free traders use to defend their so call "free market" policies, held labor as something sacred and the core of all society. In the current economic stimulus plans, workers are last in the line for receiving any real help.
Instead of President Ronald Reagan's private sector trickle down economy, we now have President Obama's big government trickle down economy. I will never understand how anyone who claims to be a liberal can bail out big money, the credit card industry, the stock market and others in the investment community while ignoring the plight of workers. President Obama's priorities are certainly not liberal.
The upside down state of the union continues and no one seems to care.
Economic ethics no longer exist. Instead we have one big monopoly game based on funny money.
Today, it is reported that the U.S. is suffering the worst unemployment in 25 years. This is a flawed comparison since most jobs in the past that were involved with employment statistics were full time 40 an hour a week jobs. Today, someone making only a $100 a month is considered employed. I do not know where they now get the new statistic of more than 17 percent are unemployed if part time workers are counted. They have been counted for years. Today many workers have up to four part time jobs at a time and so it is also questionable how current reporting covers four jobs for one worker. The unemployment bureau finally did report a few years ago that there are 4 million workers who are not listed as unemployed since they stop looking for work. It is obvious that number is much greater than 4 million. If the reporting was really based on comparisons from the past, the U.S. would show at least more than 25 percent unemployment. The statistic that is most alarming is the low percentage of workers who are receiving unemployment insurance payments. Only about 38 percent of all workers in the USA, qualify for unemployment insurance. About 62 percent, do not work long enough on one job or make enough money on any job to qualify. This statistic in itself demonstrates how contradictory current unemployment rates are. No one in Congress, questions any of the obvious contradictions. President Obama ignores these contradictions too. Even worst, new reports show that 50 percent of all children in the U.S.A. will be on food stamps at one time or another. This demonstrates how poor the new working poor class really is.
I worked at several factory jobs while going to college. I made the equivalent of $15 to $20 an hour. All these factories are gone and most of the companies are gone too. If these jobs were available today, there would be thousands standing in line applying for them including college graduates who would take them on a pernament basis and not only as a means to an end.
Of the 25 companies that I was with , none no longer exist except an international airline owned by the French government. This is a sad commentary about who we are as a people and as a society. My old customer and prospect list of 1000 clients has faded away to almost nothing. Virtually , all these companies were put out by so called free trade.
Even Adam Smith, who the free traders use to defend their so call "free market" policies, held labor as something sacred and the core of all society. In the current economic stimulus plans, workers are last in the line for receiving any real help.
Instead of President Ronald Reagan's private sector trickle down economy, we now have President Obama's big government trickle down economy. I will never understand how anyone who claims to be a liberal can bail out big money, the credit card industry, the stock market and others in the investment community while ignoring the plight of workers. President Obama's priorities are certainly not liberal.
The upside down state of the union continues and no one seems to care.
Economic ethics no longer exist. Instead we have one big monopoly game based on funny money.
