"economy..at full employment"????

My ass, it is.


The slave economy is at full employment. Everyone who has to take a sh!t job has one. In fact they've usually got about three.


The employers won't raise the conditions/wages above slave level, the workers who can afford to wait are doing so.


Every indicator says that if people can be bothered to open their eyes.


Most applicants failing drugs tests? There isn't a drug problem, it's just that only druggies are desperate enough to apply.


Can't find any applicants? Try raising wages. No, really raising wages. And give people a 40 hour week, not 30 hours spread across 10 3-hour shifts at whatever time your moronic nazi of a supervisor needs to fill his worksheet. And the big one, of course, is being prepared to hire amazing people...but then the supervisor's job might be at risk. And HR's. They’ll hire average people, maybe slightly above average if they have no self-esteem, but the really talented can forget it. They will be…trouble.


Look, the Government is using ridiculous definitions in order to pretend there isn’t a problem when there is a huge one.


It defines employment as a 30 hour week. It knows full well that employees don’t get full-time benefits until at least 35 hours, usually 38. In fact, this definition is quite deliberately fraudulent, because it knows large employers deliberately advertise jobs for the minimum of what the Government defines, 30 hours, precisely so the Government can lie about employment and the employers don’t have to pay benefits. Furthermore, the Government deliberately doesn’t define any kind of stability, such as at least 7 hour shifts, so companies can treat their so-called employees like slaves, at the whim of their supervisor’s ever-more incompetent scheduling.


It defines unemployment as actively looking for work in the last 4 weeks, and unemployed for less than a year. How do they know that? Well, you have to have been actively looking for work thru a Government agency for them to know, don’t you? Otherwise, you don’t count.


There’s an excellent summary here, courtesy of Shadowstats



In short, the real unemployment rate is at least 24%. If you count people who are in a full time job they are happy with, versus people looking for that, then the unemployment-and-underemployment rate is about 50%. And that’s a spectacular waste of US talent, being denied by a deeply dishonest Government, who are pretending it’s 4%.


And as for the abuse of labor regulations by employers…don’t get me started.


opher goodwin Added Feb 16, 2018 - 6:06pm
Deregulation - work your ass off for peanuts with no health and safety and pumping shit out into the environment. 
Someone's making one hell of a lot of money. Could it be Trumpo??
Utpal Patel Added Feb 16, 2018 - 7:10pm
Full employment is a defined economic term and the definition is this: Full employment is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.
Based on that definition, the economy is not at full employment, no economy ever was.  So whomever used that phrase did so incorrectly.  Seeing you didn’t quote anyone specifically, my money is on you mishearing the statement or hearing it from someone that isn’t informed on economic matters.
The fact of the matter is that the today’s economy is very strong when compared to other periods of time.  That doesn’t mean everyone has a job or is not underemployed, it means that relative to other periods of time people are doing quite well. 
Oh and by the way, the government isn’t lying to you and slavery was abolished long ago. 
CRM 114 Added Feb 16, 2018 - 8:21pm
It was a short article; it loses punch if one offers full footnotes, nor does the blog format accommodate that. The quote was from a senior strategist at Deutsche Bank, George Saravelos. It is clearly  a commonly held view that the unemployment figures represent reality to those in strategic financial planning. The economy is not strong. Firstly, I do not know a single person who has more disposable buying power now than they did in 2007, despite most of my friends being highly successful, and many being promoted multiple times. They would include large corporation board members as well as educators and small business owners. I think you need to review the definition of slavery, especially the modern UN definition. You will find that people forced into illegal work by high taxation count as slaves.
George N Romey Added Feb 16, 2018 - 8:44pm
It’s not unemployment that is the problem it’s underemployment. Millions have lost good paying jobs only to find a sea of low pay and often part time crap jobs. This is what the full employment stats completely miss. 
Bill H. Added Feb 17, 2018 - 1:06am
Great article, CRM
Companies have lost total touch of what really makes a company successful.
Real success is not just a number that you show your stockholders at the end of the month. Real success is when a company invests in it's employees, the community that they operate in, and their customers. Companies that follow this principle are the real winners in the end, as are all that are associated with them.
These are companies that employ and reward people for not only performance, but for being thinkers and team players. They allow the application of the human element when it comes to making decisions, not just simply allowing a spreadsheet to make decisions for them. They also know that you can't just keep eliminating people and giving the workload to those who are left. The most important factor is a word we have seemed to forget - the Morale of the employees.
Once a company loses morale and teamwork, they are doomed.
Thomas Napers Added Feb 17, 2018 - 4:08am
“The employers won't raise the conditions/wages above slave level, the workers who can afford to wait are doing so.”
The stupidity of the unemployment rate as an important measure of economic health, is a point I agree with.  That being said, it is one measure and when it’s low, as it currently is, that’s good. 
Equating our economy to slavery is both ridiculous and insulting to any former or present victims of slavery.  Correct me if I’m wrong but are you blaming employers for the fact people don’t have better conditions or wages?  If so, does that mean you think laws should be passed forcing employers to pay more and provide better conditions?  If not, what would you do to improve the employment situation?  Bitching about the semantics/meaning of the phrase “full-employment” doesn’t put people to work. 
Dr. Rupert Green Added Feb 17, 2018 - 4:57am
@CRM. You hit the shit on its head, if it has one.
wsucram15 Added Feb 17, 2018 - 5:45am
great article, right now, the actual rate is 8.20 % (pt workers  with unemployed) as of January which does not include ppl unemployed longer than 6 months
CRM 114 Added Feb 17, 2018 - 7:25am
Thanks Thomas, you make good points. The first problem is the lack of competition, which is the fault of employers, who bribe politicians to set up regulatory regimes that effectively inhibit competition. The second is Government taxing the people to the point where many have to work, but allowing employers to export jobs to countries where there aren't the same taxes, or safety standards. It's desperately unfair competition. The third is that employers break the labor rules all over the place, and it's almost impossible for the employee to do anything about it. In practical terms, H1-Bs and the like should be restricted to 10,000 a year, imports from countries without similar labor safety standards should be banned, and every government regulation should have to be carefully justified, to be re-justified at regular intervals or lapse, and should be easily challengeable. Every one. This will of course lead to Government being about half the size it currently is, with consequent reductions in taxes, etc. And the tax form should fit on one piece of paper.
Doug Plumb Added Feb 17, 2018 - 8:08am
I think 30 hours a week should be considered full time. I see 50 hours a week as insanity. I used to do 80 or more.
  If it wasn't for the foreign slave labour and this unlawful income tax everyone would be more comfortable on 30 hours a week than they are under the present tax farming and competing with foreign slave labour regimes at 50 hours a week. We wouldn't be in all these wars and all those kids sent to "do and die and not ask why" would still be alive, contribution to the economy.
Thomas Sutrina Added Feb 17, 2018 - 8:41am
You forgot a major problem.  Workers that chose not to learn anything of value to an employer.  Much of this problem is a system of education that stopped in the 60's to educate people to get employed. 
Logic would say if they do not educate people to get employed then they must by default be educating people to be unemployed!  Who runs the school system in America?  Over 90% of the money spent by the two major teachers unions on political campaigns go to Democrats.
George N Romey Added Feb 17, 2018 - 8:54am
We do not have full unemployment. The government’s own U6 rate as Jeanne said was 8.2%, which still excludes a sizable number of unemployed. Does that sound like a strong job market to you? If the MSM didn’t have their head up their ass they might do some reporting on this fallacy.
CRM 114 Added Feb 17, 2018 - 8:56am
I agree that there are major problems with state education in all of the Western World, though I would argue that the education system back in the 1960s had a lot of faults, and there are good elements in the new system. One problem is that the vast majority of teachers today have never been otherwise employed, and they do not provide good employment preparation or careers advice.
I have taught for 15 years. Both myself and all my department colleagues had had 'proper' jobs first. Our results were exceptional, especially in careers preparation. The education systems these days refuse to acknowledge the importance of prior experience, and ignores all the evidence. That said, focusing solely on employment is not the way we taught.
CRM 114 Added Feb 17, 2018 - 9:01am
Doug, my main point is that the definition of full time should match the number of hours at which full benefits are given. We could argue all year about what the actual number of hours should be. I worked an average of 80 hours a week at my two main professions, but my sister always says that none of it counts as 'work' because I enjoyed it! I think she has a point.
George N Romey Added Feb 17, 2018 - 10:00am
Skill needs change over time. What is taught today might not be applicable 10 years from now. Moreover skills are very industry if not company specific. You can’t expect the education system to be that specific.
A major issue is that companies no longer train and want skills on demand. I’ve talked to professional recruiters that have become frustrated as companies will have openings for months on end waiting for the “perfect candidate.”
Add in widespread age discrimination and we have a significant unemployment and in particular underemployment problem.
Finally there are too many good candidates for an increasingly smaller number of good jobs. A move towards more low value businesses, technology, outsourcing and insourcing, more work dumped on fewer employees, more jobs shifted to contract or temporary basis and less business expansion is killing career opportunities.
CRM 114 Added Feb 17, 2018 - 11:01am
I'd agree with some of that. One of the problems is that, though skills change, fundamentals and skill learning don't. I have encountered the situation several times where I don't have the 'required' certificates/experience, but get hired because the company is desperate, and then within days I am better than all the people they already have with the 'requirements'. HR don't understand transferable skills, and don't want to. Searching for the 'perfect candidate' on paper by simply requiring a bunch of boxes to be ticked does not, in fact, actually get the perfect employee. HR's criteria are essentially a butt-covering exercise. They don't care about getting the best employee, they care avoid avoiding a bad employee that they might get blamed for hiring.
I agree age discrimination is widespread, if not endemic.
And I repeat my earlier point about getting rid of regulations. Companies unwilling to train and who keep on outsourcing ought to be put out of business by the people they are outsourcing to, but they find it too difficult to set up in competition.
George N Romey Added Feb 17, 2018 - 11:13am
HR Departments are often tasked with unrealistic expectations from hiring managers. They see good overall candidates but line management rejects them because they don’t possess every single skill on a check off sheet. I hear the frustration also from internal recruiters. 
Yet most good candidates can learn skills within a reasonable amount of time. I think our throwaway mentality when it comes to workers has destroyed any sense of employees assets worth investment. Increasingly they are a cost item to be eliminated where possible and reduced otherwise,
CRM 114 Added Feb 17, 2018 - 11:46am
Humans aren't resources.
And another part of the problem, from the line managers' viewpoint, is that s/he isn't allocated sufficient time and resources to train people. And the quality of training these days is dire. Death by powerpoint, vote for Joe 'exams' and tons of PC BS.
My personal view is that HR should be got rid of in its entirety. Go back to a much smaller Personnel department, as was, and put training, etc back with the departments. That's an increasingly common opinion. Of course, there are now a lot of line managers who weren't recruited for that and probably can't handle it. Companies are going to have to recruit better line managers, which in turn means paying the senior managers a lot less.
George N Romey Added Feb 17, 2018 - 11:55am
As someone that’s been in the job market leadership and management skills are dead. It’s how good are your PowerPoint presentations? Hence we have managers unable to manage. They are simply expected to make nice Excel spreadsheets.
In turn HR departments become overrunned doing the job managers should  do. Also the job of recruiting either gets assigned to low level employees or outsourced to low bid contracts.
CRM 114 Added Feb 17, 2018 - 12:42pm
Agreed. As I said, the managers who can't manage will always reject a job candidate who does know how to manage; it's just job preservation, so the situation must get worse with time. This has been true for some time. About 20 years ago, I anticipated this and started running a course for suitable seniors at the High School I taught at, called 'How to manage your boss', so they could deal with bad bosses whilst still giving them the impression they were in charge. After a couple of months, one of the parents, a board member of an international engineering company, came up to me and said "You will have to stop this course. My daughter keeps telling me what to do...and she's right!: ;)"
Thomas Sutrina Added Feb 17, 2018 - 1:03pm
In the 60 there were auto repair, wood shop, metal shop, electrical shop, drafting.  All of these shops are now in the community colleges.  I am not saying that these are the shops we would have today.  Students brains are not developed in High School but are getting close to having their adult brain and also freezing their outlook.  They are testing parents, teachers, the schools, and the community.  Radical youth is the norm not the exception.  Just a test.   
Schools and parents need to find something that will engage youth and then infuse good outlooks.  I think our school system have narrowed the opportunities to get youth engaged.  And part of that engagement is to learn life in responsibility and working to provide.  Each one of us has skills that we can develop and that will engage us as a youth and provide for us and society latter.     
George N Romey Added Feb 17, 2018 - 1:27pm
We actually have an over abundance of skilled people. What we don’t have are the jobs. Only about a third of STEM graduates are working in STEM occupations. Older workers aren’t hired because there’s already an over supply of qualified younger workers. Employers are more demanding in specific skills such as a software package.
We can’t expect schools to teach job specific skills. Skill sets are constantly changing. The employer used to keeping workers up to date but in our temporary, gig and contingent job market that’s no longer the case.
Dino Manalis Added Feb 17, 2018 - 1:33pm
Corporations are increasing wages and bonuses for their workers and they should create more jobs with a stronger economy.  The economic cycle could be longer than expected, because we were stuck with quantitative easing for a long time.  With pro-growth policies, the economic cycle could be extended far longer.  
EXPAT Added Feb 17, 2018 - 10:30pm
I broke out in laughter, reading how all Americans who are low level employees,  want somebody to help them. I would fire anyone with that attitude.
Slaves? Who is enslaving them? May I offer that they enslave themselves, by acting the Victim, instead of taking control of their own life!
Back in the 60's I got a girl pregnant and married her at age 16. I worked in a factory as #1 job, then I worked nights 6 hours as a warehouse man. On weekends I did Oil changes at the local service station. All I ever asked for was OVERTIME. 
I pursued every opportunity, and this high school dropout got a University degree, and a profession that put me in charge of the "Slaves".
What the hell happened to American Individualism? Are there no more MEN in America?
Robert Burk Added Feb 18, 2018 - 4:23am
I have been promoting a solution that does produce full employment and it eliminates debt and it eliminates economic cycles and eliminates most of the public sector, simply by downloading power onto the local polical jurisdiction, a process I call Positive Democracy. People actually stop talking to me because I tell them all of these problems are superficial and easily rectified, we just need to organize our life slightly differently... no one wants to change. People prefer to complain. We live in a era of victims where we all bitch and wait for a politician to come along and rectify things. We could be paying housewives and studants and all those volunteers who work for nothing just to try and keep this corrupt system going.
Robert Burk Added Feb 18, 2018 - 4:27am
Expat I know what you mean and sympathize and while I agree with you to a degree the reality is capitalism is a competition and by definition there are a few winners and many losers. Those slaves are far better off than most in the world so it is not their actual situation it is their condition vis a vis you winners. No matter what people do they will not all win to the same degree. But, yes, the weak and lazy do lose but really, does society really benefit from making them into losers?
Robert Burk Added Feb 18, 2018 - 4:29am
Sad to have to say this but I have to.... criticism of capitalism is not synonymous with praise for socialism or communism. I believe there is a sane way to live consistent with the bible and the fact that you cannot see this or do not believe this is not proof of anything but your own admitted blindness.
Thomas Sutrina Added Feb 18, 2018 - 8:17am
Robert B and expat, great comments, does society really benefit from making losers?  Well yes and no!  Want a class society with two or more sets of rules and want to the lower classes to work for the benefit of the upper classes.   Losers are the bottom class and you want to purchase their votes as cheep as possible.  Need lots of them to stay in power.  They work for you, your slaves.  
Full employment will never happen so long as the government class need the welfare class.  I am talking about corporatism, crony capitalism, and socialism.  Bernie Sanders Democratic Socialism or Hillary progressivism are the same in the above respects.  One of the posters of Hillary displayed and sold at the DNC convention is a rip off of Mo Sa Tung poster and I think others have also used it.  The head of the leader over the center point of a ray burst of colors in all directions.  Now what message is that sending?
We need to return to freedom and the equal justice under law that is founded in the 'law of Nature and Nature's God'.   God's laws are superior not man's laws.  And not the laws of a man saying he is speaking for god.   
Democracy and the right to vote should not be confused as a substitute for freedom.  The USSR, Chicom, and Cuba all have a Constitution that paint great images and have elections where 90 plus % of the people vote.  But they are still slaves of the state and vote as commanded.
Milton Friedman points out that "Economic freedom is an essential prequisite for political freedom. ... The combination of economic and political power in the same hands is a sure recipe for tyranny."
CRM 114 Added Feb 18, 2018 - 10:35am
Expat, you make a solid case, but it is not as easy to take 3 jobs and build up capital these days. Firstly, you are much more likely to get mucked around with shifts, which rules out taking 3 jobs as you describe. Secondly, employers will rarely give overtime at overtime rates, they'll just hire someone else. Thirdly, living expenses, etc, take a much bigger chunk of the average salary than they used to.
So, it's not that American males are lacking, it's just that the whole system works against those who are.
George N Romey Added Feb 18, 2018 - 10:53am
Most companies have strict prohibitions against over time because it’s not in the budget. Service sector work often demand flexibility in hours and days and therefore its impossible to secure multiple jobs. This is not a 1960s job market.
By definition we will never have full employment because of job churn. In the 60s we came close with unemployment under 4%. Hard working, dedicated and tenacious workers did exceptionally well usually sans college degree.
Starting in the 80s and 90s the government began to change what the definition of unemployment. In the 90s the government also began to use the birth/death model to estimate the new jobs created in any given month. Also an employer that takes one full time job and breaks it down into 2 part time jobs would be considered 2 new jobs by government standards.
The end result is that the monthly numbers have no relation to reality.
Phil Greenough Added Feb 19, 2018 - 8:25am
Regarding your response to Thomas’ question:
“The first problem is the lack of competition, which is the fault of employers, who bribe politicians to set up regulatory regimes that effectively inhibit competition.”
If bribery has occurred both the politicians and corporations should be prosecuted.  The truth is that lots of entities are legally influencing politicians to do their bidding.  In some cases it isn’t so much the corporation they’re beholden to, there is also big labor, big environmental and other anti-competition entities that inhibit competition.  We only have ourselves to blame if we elect politicians that increase regulatory regimes.  With Trump we finally have a president that sees corporation as friend, rather than enemy.   He has also done much towards breaking down our regulatory red tape, but it’s not something that can all be eradicated easily.
“The second is Government taxing the people to the point where many have to work, but allowing employers to export jobs to countries where there aren't the same taxes, or safety standards. It's desperately unfair competition.”
I thought you just got done saying you want to reduce regulations.  #2 suggests you want a gigantic new regulation preventing employers and the population to benefit from trade. 
“The third is that employers break the labor rules all over the place, and it's almost impossible for the employee to do anything about it.”
No they don’t.  What is it with this site and all this anti-corporation nonsense…it isn’t wise to bite the hand that feeds you.
CRM 114 Added Feb 19, 2018 - 10:24am
Bribery would include politicians getting public speaking fees at ridiculous rates, their children getting plum jobs, etc. Just because it isn't illegal doesn't mean it isn't bribery.
The unfair competition problem doesn't need any increase in regulations. Indeed, scrapping the H1-B program would mean less Government. The burden for proving foreign countries meet labor standards can be placed on the employer, with Government oversight thereof.
Lastly, yes they do, and I can give you a long list, from personal experience and that of good friends, with multiple employers, including Government. The worst thing is that the ignoring of the law by employers is both very widespread, and increasing.
I am not anti-corporate. I am arguing for full and fair competition. What I am against is exploitation and injustice, by both Government and some corporations.
And as for biting the hand.., well; if that hand stops you getting at the food directly, feeds you a pittance, then slaps you around when it feels like it, it can expect to get bitten.
Bill H. Added Feb 19, 2018 - 11:05am
A major communications company that I retired from at one time allowed department managers to solicit, interview, and decide on who to hire for new positions within their department. Just after the turn of the century, they moved the entire process over to the HR department. The end result was people being hired only for their education levels, ethnic representation, or agreeing to work for substandard salaries. This not only resulted in a total loss of teamwork and morale, but created a "workforce" that had no concern for the well-being of the company, only themselves. There is nothing worse than trying to run a group of Engineers with large egos and no vision of teamwork.
As the company became more "creative" by trying to accomplish more work with less people, these new frustrated employees began job-jumping at a such a high rate that the companies hiring and training budget skyrocketed.
This is just one example of why "Spreadsheet Management" constantly backfires, and in the long run ends up costing companies much more in the end.
Jeff Jackson Added Feb 19, 2018 - 11:27am
Bill, I wish more and more people that run corporate America could read that and understand the damage they are doing. CRM is correct in that the "official" numbers of unemployed is far short of the actual unemployed.
Thomas Sutrina Added Feb 19, 2018 - 1:14pm
Phil G.,  to this: it isn’t wise to bite the hand that feeds you.      I say slavers are feed.  We are feed because without us they do not get what they want.  I am not against corporations I am against Crony capitalism. 
To this Phil: lack of competition, which is the fault of employers, who bribe politicians I say it is the fault of both and recall that both purchase votes.  And where they purchase votes is in the ghettos and threaten moving in the city states of the Crony capitalist.  There are 3,141 counties in the United States.  Clinton won 57 of them and yet won the popular vote!   There are 62 counties in New York State. Clinton won 16 taking all the Electoral votes.
What do the top ten cities with the highest poverty rate all have in common?
DEMOCRAT LEADERSHIP!  And I am not saying the GOP is any better since they have formed a cabal with Dems to promote crony capitalist interest and get wealth in return while those that they are represent pay for it all.
Detroit, MI (1st on the poverty rate list) hasn’t elected a Republican mayor since 1961;
Buffalo, NY (2nd) hasn’t elected one since 1954;
Cincinnati, OH (3rd)… since 1984;
Cleveland, OH (4th)… since 1989;
Miami, FL (5th) has never had a Republican Mayor;
St. Louis, MO (6th)…. since 1949;
El Paso, TX (7th) has never had a Republican Mayor;
Milwaukee, WI (8th)… since 1908;
Philadelphia, PA (9th)… since 1952;
Newark, NJ (10th)… since 1907.
The list of cities with Democratic leadership for decades is much larger but all have been slowly becoming welfare ghettos, crime ridden.  They have becomes criminal sanctuaries and impoverished illegal immigrant riddled.
Einstein once said, “The definition of insanity is doing the same thing over and over again and always expecting different results.”  What I protest is the insane running this country into the gutter to make themselves rich.
George N Romey Added Feb 19, 2018 - 1:25pm
Jeff our belief that data tells all is why Americans actually think the job market has improved. Data can be manipulated and we seem to forgot the tag line garbage in, garbage out.
opher goodwin Added Feb 19, 2018 - 1:58pm
Thomas - I think unions should get their act together and start standing up for working people and forcing employers to pay fair wages and provide good working conditions. History shows that capitalists always exploit people until they are forced to provide greater fairness.
opher goodwin Added Feb 19, 2018 - 2:00pm
Thomas - it doesn't occur to you that poor, desperate people might vote for a party that represents them?
Even A Broken Clock Added Feb 19, 2018 - 3:06pm
My younger son is navigating in this corporate / government interface right now. He works for a Dow 30  IT corporation, and he works at a facility that does Federal government subcontracting.  He's now been with the company for a year and a half, and is actively looking for another job because:
1. Working for two huge entities ensures immense bureaucratic delays, meaning that much of his time is wasted.
2. This large corporation has essentially created a domestic outsourcing location, isolated from large cities, and paying substantially less than IT positions pay elsewhere. My son was having difficulty getting a position out of college, despite having a computer science degree, and this was his first opportunity.
He does have good benefits which is a blessing, but even for those in this economy with true 40 hour full time employment with a major corporation, it may be less than desirable work. I can see why they say that those starting out in the work world can expect to work for 6 or more entities in their work careers. How do you build up any sort of corporate culture and esprit de corps when turnover is 25% or more per year?
George N Romey Added Feb 19, 2018 - 3:21pm
EABC despite the folksy videos on their career page most companies no longer care about culture and loyalty. They see longevity not as an asset but a liability. They don’t want to train and develop and don’t want years of experience and wisdom either.
Its now all spreadsheet management.
Thomas Sutrina Added Feb 19, 2018 - 3:48pm
Opher G., the business look at total costs which include the cost of state and federal regulation.  When you compare our total cost to other nations we lost.  Trump has removed some of the mandated by Obama regulations.  Unions outside of federal employees have been losing ground for decades and are at the lowest level in history.  Why?  They increase the cost to the companies and add their own regulations that further increase costs.  (I personally know this is true about union rules adding costs)  So when you talk about the wage of non government union jobs they need to put rules cost reduction on the table.  So far I have not heard of this happening.  Have you?
Government unions as President FDR said are against the law.  The main reason is very simple.  Conflict of interest.  These unions work and donate money to Dem candidates to a tune of 90% plus.  And they expect something back and obviously they have received something back.  Illinois is a good example of the effect of union getting what they want and the voters paying the price now or as debt.   Debt has been the vehicle for representatives to keep both the unions and the voters happy.  The private companies can not kick the can down the road.  Unions add cost then those cost have to be paid as they are given out by the services and products they sell.   I am personally not against higher wages but  I am against higher wages that increase unemployment by companies moving or reducing their labor force.  Give me a better balance Opher G..
Opher G.  I understand they drink the Cool Aid,  it doesn't occur to you that poor, desperate people might vote for a party that represents them?   How many funerals does it take to realize that Cool Aid is full of lead? Only 5% of the counties in America create about half the homicides, and even in Chicago again this is true for neighborhoods, they are the ghetto areas of cities, with concentrations of welfare. 
Is this really representing them? “The welfare state has done to black Americans what slavery could not have done, the harshest Jim Crow laws and racism could not have done, namely break up the black family,” said Walter E. Williams, a George Mason economist.   Romneycare and Obamacare architect Johnathan Gruber said, "This bill was written in a tortured way to make sure CBO did not score the mandate as taxes.  If CBO scored the mandate as taxes, the bill dies, okay?  So it's written to do that.  In terms of risk-rated subsidies, if you had a law which said healthy people are gonna pay in... If you made it explicit the healthy people pay in and sick people get money, it would not have passed, okay?"
Cliff M. Added Feb 19, 2018 - 7:19pm
37 Million American adults are currently not in the workforce. Some believe the real unemployment rate could be as high as 24%.No matter what the real rate is the employment front has been in the state of sucks for almost 10 years. Fiscal policy has been ass backwards providing help to those least in need. A reset is in dire need.
George N Romey Added Feb 19, 2018 - 7:27pm
Cliff that doesn’t count the millions working below their earnings abilities. The state of employment in this country sucks. If we really had 4% unemployment we’d be a much less angry country.
Cliff M. Added Feb 19, 2018 - 8:15pm
George, If the unemployment rate is 4% why do most still have to jump through hoops to find employment? Why is the gig economy so spotty and erratic? I have been in the labor force since 1969 and never has it been so consistently bad for so long.In the past 2 years maybe 3 after a recession and growth and a positive turnaround are evident. Now 10 years after the great recession and yet to have 3 % economic growth sustained for 1 year.
George N Romey Added Feb 19, 2018 - 8:36pm
Americans have figured out the full employment is nothing more than a con. Trump like Obama before him has embraced the lies. 
Doug Plumb Added Feb 20, 2018 - 5:43am
Even if Trump is The Good, he cannot stand up there on a podium and announce the truth because he would be laughed at, shot or jailed.What happened to any other president that told the truth (ie monetary reform) ? Answer - they were shot. Until the public wakes up to the idea of monetary reform and forces it, there is no chance.
  Most people are in no way capable of even fully looking at both sides of an issue and judging truth.
  He cannot stop working with liars either because then the White House would be empty and he can't do it alone.
  Fortunately voters can still be placated with a few words on TV.
  Despite what history books say, every president that was assassinated was a monetary reformer. See The Money Masters online or any of the new books by monetary reformers (Ellen Brown is the newest I think).
  You cannot sell monetary reform to someone wearing holocaust goggles - its not going to work.
Robert Burk Added Feb 22, 2018 - 4:27am
The sad thing there is a simple solution to all of this. A very simple solution. Truth is always more simple than lies and this system is all lies, all of it. You have been lied to for 6000 years and you are still being lied to. The solution is an economy based on our social networks. Just as you and your friends can move house, have a picnic, wedding or build a barn without a CEO or state official organizing you, you and your friends can build an economy. After all, what is the economy at its most basic but two people helping each other in a mutually beneficial way. I know you have been told there is no such thing as full unemployment, that is a lie. There is no such thing as full unemployment when it benefits the powers that be to have unemployment. If they had to pay the upkeep of the unemployed out of their profits they would soon have everyone working. They are all liars. google rationalexchange.org (com is my site also but it is a very large and complex site)
Robert Burk Added Feb 22, 2018 - 4:39am
Cliff, the economy is two people who help each other. Multiply this by whatever factor you choose but if this initial condition is not met the economy is going to falter. People are not being paid enough to obtain what they produce. Too many consumers and not enough producers. Too much of the economy is an illusion, fake value such as insurance and investment counsellors. These positions produce nothing of value. It pushes the price of durables up but all the scam artists do not want the price to go up so they lay off and fire people to push the price of durables down or reduce the rate of their increase. Then they hire them back. Its a constant struggle between hiring and putting upward pressure on wages and firing them and losing the ability to scam the system. Think of it as the difference between buying blue chip and holding and playing penny stocks. We are in the age when everyone is playing the penny stocks so far as the job situation is concerned.
Cliff M. Added Feb 23, 2018 - 7:49am
Robert, There is currently no continuity in the job market. Hired for short money for a project and then let go as soon as completion nears. This while working as independent contractors to avoid paying any benefits. The low end of the job market is loaded with many disgruntled workers working for wages that don't come close to covering actual real expenses. The top end continues to exploit the situation while the gradual disappearance of decent middle class opportunities continues. Pressure on Walmart stocks is a new interesting development. The marginal propensity to consume has been drastically taken from the lower and middle class and pushed much further up the food chain. Fiscal policy leaves it difficult to believe the velocity of money will improve which is needed if real economic growth is to be sustained.