categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  THE WAVE
  Environment/Science
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Political Information : True US History Last Updated: Jan 14, 2020 - 12:07:47 PM


The Permanent Unemployment Economy
By James Hall
Sep 5, 2012 - 2:20:36 AM

Email this article
 Printer friendly page Share/Bookmark

businesstrade.jpg

The Permanent Unemployment Economy

long-term-unemployment.jpg

The Permanent Unemployment Economy

The official underreporting of the unemployment statistics is a well-known fact. The cavalier dismissal of the systemic dismantling of the market economy by the Obama administration is undeniable. Notwithstanding, the lack of living wage jobs is not simply a partisan issue. Ever since the adoption of the globalist free trade betrayal, the national suicide of the free enterprise economy has continued. Transiting skilled employees into government dependents is an overt component of the "New Age" of reduced wealth and servitude for the ordinary American.

Consider the logic of the consequences of off shoring our manufacturing base. Once the jobs are gone, the prospects for good paying substitution jobs become rare. Without the ability to sell value added products generated from meaningful margins, affording generous pay scales of a prosperous middle class is impossible.

The notion of an upwardly mobile replacement job economy is an absurd concept, when government employment becomes the priority paycheck. Case in point is the realities of hiring ICE officials and TSA thugs. As long as a federal policy of open borders and fake security threats exist, hiring government parasites will be the norm.

Even if you reject this kind of argument, examine the nature and pay levels of jobs in the private sector. When the New York Times admits the obvious, in Majority of New Jobs Pay Low Wages, Study Finds, you know the cover-up is unraveling.

"While a majority of jobs lost during the downturn were in the middle range of wages, a majority of those added during the recovery have been low paying, according to a new report from the National Employment Law Project.

"The overarching message here is we don’t just have a jobs deficit; we have a ‘good jobs’ deficit," said Annette Bernhardt, the report’s author and a policy co-director at the National Employment Law Project, a liberal research and advocacy group."

Characterizing the current economy as, in a recovery from a downturn, sounds more like an ad for the NYT trying to rescue their subscription base. Selling new readers on their sycophants reporting will not stem their rapidly declining credibility. Being a tool of the globalists just brings higher unemployment to the Gray Lady.

For the few work opportunities that make it into the economy, many are part time positions with little or no benefits. US News forecasts the harsh awakening in, Larger Temporary Workforce Could Be New Normal.

"If you look at the bigger picture … we're moving toward a new reality in the way we work," says Kathy Kane, a senior vice president at staffing firm Adecco in New York. "A lot of those companies are sitting on a lot of cash, but they're uncertain with economic stability. They're looking at contingent and temporary work as more of a risk-management strategy right now. They're trying to put their toe in the water versus jumping back in with both feet."

Employers view the workforce as more flexible than in the past. It's expensive to lay off full-time employees during a slowdown then hire new ones when business recovers. So rather than take on a new batch of full-time employees, companies have opted to hire on a contingent basis. "Companies are migrating their workforce from 100 percent core down to 80 or 90 percent core, and then leaving 10 to 20 percent of their workforce as what I would call 'perpetual contractors' or 'definite temps' with no expectation to ever move those people back to their core workforce," says David Lewis, executive director of franchising at Oklahoma City-based staffing firm Express Employment Professionals."

As corporatists make record earnings and hoard their cash, the prospects for the next generation of workers sink into a deep depression. No wonder, Unemployment as a Lifestyle, becomes the fate for the fertility of the future occupation cycle.

Once the benefits of the consumer society were lauded as the engine of affluence. The fruits of that approach sunk into the abyss of debt financing that are unserviceable. Those older workers who labored in positions that allowed them to accumulate a modest savings are now devastated by the zero interest rate policy on savings. However, just ask the indebted consumer paying, frequently above 20% interest rates on their credit card, how they are doing?

The globalists want the slave labor Chinese model to be the standard for the captured internationalist system of managed trade. The lesson described, back in 2006, in the article; Running Chinese Trade Deficits, illustrates why the balance of trade will remain a real drain on the domestic economy.

"The U.S. trade deficit poses great risks for the economy. The U.S. must borrow abroad to finance its trade deficits. The recent decline in the dollar indicates that private foreign lenders are less willing to supply new credit. Foreign governments stepped into the gap and financed a growing share of U.S. international debt in recent years. A rapid, uncontrolled decline in the dollar could destabilize U.S. financial markets and sharply increase interest rates and inflation. Foreign governments, primarily in Asia, have provided a substantial share of the net capital inflows in recent years."

Some five years later, we observe that the Chinese are resisting buying any more of U.S. Treasury debt. The U.S. Bureau of the Public Debt calculated it at approximately $8.36 trillion dollars, back on May 14, 2006. Under the Bush/Obama "too big to fail" bank bailout, that figure will soon double, even before the next President takes office.

How can any new administration alter the destructive government policies that are carrying us into a black hole, when both Romney and Obama are committed to maintain the same mercantile trade policy that only benefits, global capitalism.

Make work jobs are akin to slave labor. Substantive and enduring employment requires that the entrepreneur have access to currency liquidity, in order to liberate the velocity of money so that cash flow can finance expansion that allows for the hiring of new employees. Will this happen?

Regretfully, the reality we face looks squarely to the tearful eyes of not just a distressed generation, but also a lost nation.

James Hall – September 5, 2012

http://www.batr.org/negotium/090512.html

RELATED ARTICLES:

Getting Off Money. See: http://abundanthope.net/pages/Ron_71/Getting-Off-Money.shtml

 




All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

True US History
Latest Headlines
TIFFANY FITZHENRY -FORMER DISNEY STAR BELLA THORNE: GETTING MOLESTED FROM [THE AGE OF] 6-14... ...
IT HAS BEGUN, THE USMCA IS NOW ONLINE, WATCH WHAT HAPPENS NEXT, NOTHING CAN STOP THIS - EPISODE 2213A
THE ECONOMY BOUNCES BACK, MSM/[CB] ECONOMIC NARRATIVE PUSH FAILS - EPISODE 2214A
Communist Chinese Weapons Shipment To Socialist Terrorists In America Intercepted
The Coming Collapse of the Republic
Caution: Anything You Say Will Be Racist Somehow
Independent Journalist Tours Cities Destroyed By Black Lives Matter Rioters
We Digitized The Mob, And There's No Place To Hide
Tucker: Ordinary citizens stand up as politicians cower to the rage mob
P P Head Ties Abortion To Civil Rights
The Russia-Afghanistan Story: Western Propaganda at its Most Vile
Homosexual Acceptance Rising
Activism Not Journalism – CNN Pressures Brands to Join Facebook Ad Boycott
The Purge: The Natural Progression Of "Woke" Censorship Is Tyranny
President Trump Will ‘lead America back to God,’ According to 1983 Prophecy
Meijer Stops Accepting Cash As Nationwide Coin Shortage Erupts
Forbes Caught in Blatant Censoring Act; Scrubs Article Highlighting COVID-19's Lab Origins
Now They're Trying To Tell Us COVID-19 Is "10 Times More Infectious" Than It Was At The Start Of The Pandemic
Twitter Remorse: Deleted Tweets Trigger Backlash At The DNC, Washington Post, & The White House
Humanity at the Crossroads Connecting the Dots to Our Brave New World