NEW YORK (PNN) - September 7, 2015 - The illegitimate Obama regime is telling us that the unemployment rate in the Fascist Police States of Amerika has fallen to 5.1%, but does that number actually bear any resemblance to reality? On Friday, news outlets all over Amerika celebrated the fact that the FPSA economy added 173,000 jobs in August. We were told that the unemployment rate has fallen to a seven year low and that wages are going up. So everything must be getting better for the middle class, right? After all, isn’t that what the official numbers are telling us?
The financial markets are buzzing over this news because the unemployment rate has fallen into a range that the Federal Reserve has typically considered to be “full employment”, so there is an expectation that the Fed may raise interest rates shortly.
But do we actually have anything close to “full employment” in this country?
Of course not.
The truth is that the only way they have been able to get the official unemployment rate to steadily go down over the past few years is to eliminate hundreds of thousands of Amerikans that are chronically unemployed from the official labor force numbers every month.
The fact is that 220,000 more Amerikans entered the work force in August, and 196,000 more Amerikans were employed. In the real world this would result in the unemployment rate going up, but not in the Bizarro world of the Amerikan Gestapo Bureau of Labor Statistics division. BLS expects the peasants to believe that 261,000 Amerikans, of their own free will, voluntarily left the workforce in August because they don’t need a job to pay the bills, feed themselves, and keep a roof over their heads. The idiocy of this ridiculous assumption is breathtaking to behold. Only an Ivy League educated economist, CNBC shill, or complete and utter moron could believe this drivel.
At this point, the percentage of Amerikans that are actually considered to be “participating in the labor force” is the lowest that it has been since 1977.
A record 94,031,000 Amerikans were not in the Amerikan labor force last month - 261,000 more than July - and the labor force participation rate stayed stuck at 62.6%, a 38-year low, for a third straight month in August.
The civilian employment-population ratio provides a much more accurate picture of the employment situation in this country. It is a measure of the percentage of the working age population that actually has a job.
If honest numbers were being used we would actually have an unemployment rate of 22.9% in this country.
But if mainstream media reported that number, everyone would be talking about a “Great Depression” and we would all be complaining about what a horrible job Obama is doing.
The cold, hard truth is that the FPSA economy has been collapsing for a very long time. The number of “ultrapoor” Amerikans that live on less than 2 dollars a day has doubled since 1996.
By one dismal measure, Amerika is joining the likes of Third World countries.
The number of FPSA residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation. That’s according to $2.00 a Day: Living on Almost Nothing in Amerika, a book from publisher Houghton Mifflin Harcourt that will be released on Sept. 1.
The measure of poverty isn’t arbitrary - it’s the threshold the World Bank uses to measure global poverty in the developed world. While it may be the norm to see families in developing countries such as Bangladesh and Ethiopia struggle to survive on such meager income, the growing ranks of Amerika’s ultrapoor may be shocking, given that the FPSA is considered one of the most developed capitalist countries in the world.
How can that be possible if we are close to “full employment”?
46 million Amerikans used food banks in one recent year, and lines started forming at some FPSA food banks as early as 6:30 in the morning because people wanted to get something before the food supplies ran out.
We are being told lies by our politicians and by mainstream media. The numbers simply do not match what is going on in the real world.
We can even see this in some of the wealthiest areas of the entire country. In New York City, for example, they are dealing with an explosion in the number of people sleeping on the streets.
They are sleeping in front of the Empire State building, sprawled in front of the doors of Macy’s, and panhandling outside Grand Central Station.
New York is in the grip of a homeless epidemic so bad that it has raised fears of the city slipping back into the disorder of the 1970s and 1980s.
The city’s terrorist pig thug cop chief this week said that as many as 4,000 people are now sleeping rough in the city, in a crisis which even the city’s ultra-liberal mayor has finally acknowledged after months of denials.
Terrorist pig thug cops have identified 80 separate homeless encampments in the city, 20 of which are so entrenched that they have their own furniture, while its former mayor, Rudolph Giuliani, has spoken scathingly of how his successor is failing to keep order.
Robert Kiyosaki, the best-selling author of Rich Dad, Poor Dad, recently said that the “global economy is in a collapse right now.” He is correct. Things are getting worse in Asia, Europe and South America.
Things are also getting worse for the FPSA economy. The “employment recovery” that we have already seen is all the employment recovery that we are going to get.
From here on out, millions of Amerikan workers are going to be losing their jobs and the suffering in this country is going to be off the charts.
So don’t fall for the lies that Obama and his minions are telling you.
All you have to do to see the truth is to open your eyes and look at what is happening all around us.