9 Apr 2013 9:06 am
For Clem who accuses me of 'trying desperately to distract from THE key issue now; the dangerously weak economy and the country's impending bankruptcy.' This is what your party is concerned with: Marco Rubio: Explain Beyonce and Jay-Z's Cuba trip. I guess going after Beyonce and Jay-Z will do a lot to help the dangerously weak economy and prevent the country's impending bankruptcy."Hey look, a squirrel!" So you're claiming that Rubio has not addressed economic problems? The massive Obama deficit? Job growth? Can't you even tell believable lies? Here's more about the glorious Obama Economy. Although I don't think it's fair to count part-time workers as unemployed. Unemployment Is Really 14.3%--Not 7.6% The unemployment rate is 7.7%. But, there is another 0.6% of discouraged workers,(about 800,000) mainly the young, minorities and those without the all-necessary high school diploma. Another 0.9% are only marginally employed (whatever that means) and have mostly stopped looking for a job recently. More crushing is the 5.1% of the workforce most impacted by the 2008 downturn, who are working only part-time and would prefer to have a full-time position. That 5.1% part-time workers total 8 million people, who mostly are having trouble making ends meet and most likely have no health plan from their employer, according to Bob Eisenbreis, vice chairman and chief monetary economist at Cumberland Advisers, a New York-based investment firm that makes useful comments on the economy. These numbers added together suggest that the true unemployment level– when part-time workers are included– is 14.3%–meaning that one in seven of every potential full-time employee in the U.S. economy is not able to earn a proper living wage–and thereby contribute to the snails-pace of economic growth. http://www.forbes.co...k-market-bulls/