The Lyin Kings: The Wannabe World Leaders by Irene Petteice
Author:Irene Petteice [Petteice, Irene]
Language: eng
Format: epub
Tags: Women in Politics, Executive Branch, Political Science, Political Freedom, American Government, Terrorism
ISBN: 9781594335006
Google: SFFoBQAAQBAJ
Publisher: Publication Consultants
Published: 2014-09-15T10:56:45+00:00
XVIII
Unemployment
We know Obama will never bring up the employment rate. His goal is to put everyone on the welfare roll, although how he expects our government to support everyone, I have no idea. Hillary might have a better chance if she listens to her husband, but that could be a problem, because Hillary is a true Socialist/Marxist. You might enjoy this bit of levity on the present unemployment figures.
COSTELLO: I want to talk about the unemployment rate in America.
ABBOTT: Good Subject. Terrible Times. Itâs 7.8%.
COSTELLO: That many people are out of work?
ABBOTT: No, thatâs 14.7%
COSTELLO: You just said 7.8%.
ABBOTT: 7.8% Unemployed.
COSTELLO: Right 7.8% out of work.
ABBOTT: No, thatâs 14.7%.
COSTELLO: Okay, so itâs 14.7% unemployed.
ABBOTT: No, thatâs 7.8%.
COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%?
ABBOTT: 7.8% are unemployed. 14.7% are out of work.
COSTELLO: If you are out of work you are unemployed.
ABBOTT: No, Congress said you canât count the âOut of Workâ as the unemployed. You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!!
ABBOTT: No, you miss his point.
COSTELLO: What point?
ABBOTT: Someone who doesnât look for work canât be counted with those who look for work. It wouldnât be fair.
COSTELLO: To whom?
ABBOTT: The unemployed.
COSTELLO: But ALL of them are out of work.
ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.
COSTELLO: So if youâre off the unemployment rolls that would count as less unemployment?
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment just goes down because you donât look for work?
ABBOTT: Absolutely it goes down. Thatâs how they get it to 7.8%. Otherwise it would be 14.7%. Our goverment doesnât want you to read about 14.7% unemployment.
COSTELLO: That would be tough on those running for re-election.
ABBOTT: Absolutely!
COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?
ABBOTT: Two ways is correct.
COSTELLO: Unemployment can go down if someone gets a job?
ABBOTT: Correct.
COSTELLO: And unemployment can also go down if you stop looking for a job?
ABBOTT: Bingo.
COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have people stop looking for work.
ABBOTT: Now youâre thinking like an Economist.
COSTELLO: I donât even know what the heck I just said!
ABBOTT: Now youâre thinking like Congress.
The minimum wage is $7.25 per hour. Most people must work two jobs in order to make it when they have a job paying minimum wage and there is little hope for them to get a raise on these jobs. Did you know that in thirteen states, welfare programs pay $15.00 per hour in comparison to the minimum wage? Now is it any wonder people stop looking for a job? If you could sit at home making $15.00 per hour, why would you go to work only making $7.25 per hour? In some states you get even more than $15.00 per hour. There is something wrong with this picture.
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