Archive for October, 2011
Newt Gingrich’s Optional 15% Flat Tax Plus 15.3% Social SecurityTax–More Taxes Than Cain’s-9-9-9 (27%) Tax Plan But Less Than Perry’s Optional 20% Flat Tax Plus 15.3% Social SecurityTax–Videos
Presidential Candidate Newt Gingrich: My Opponent is Barack Obama
Newt Gingrich on the Fair Tax
21st Century Contract with America
PART 1: LEGISLATIVE PROPOSALS
Executive Summary
- Repeal Obamacare and pass a replacement that saves lives and money by empowering patients and doctors, not bureaucrats and politicians.
- Return to robust job creation with a bold set of tax cuts and regulatory reforms that will free American entrepreneurs to invest and hire, as well as by reforming the Federal Reserve and creating a training requirement for extended federal unemployment benefits to encourage work and improve the quality of our workforce.
- Unleash America’s full energy production potential in oil, natural gas, coal, biofuels, wind, nuclear oil shale and more, creating jobs, stimulating a sustainable manufacturing boom, lowering gasoline and other energy prices, increasing government revenues, and bolstering national security.
- Save Medicare and Social Security by giving Americans more choices and tools to live longer, healthier lives with greater financial independence.
- Balance the federal budget by freeing job-creators to grow the economy, reforming entitlements, and implementing waste cutting and productivity improvement systems such as Lean Six Sigma to eliminate waste and fraud. Pass a balanced budget amendment to keep it balanced.
- Control the border by January 1, 2014 and establish English as the official language of government; reform the legal visa system, and make it much easier to deport criminals and gang members while making it easier for law abiding visitors to come to the US.
- Revitalize our national security system to meet 21st century threats by restructuring and adequately funding our security agencies to function within a grand strategy for victory over those who seek to kill us or limit American power.
- Maximize the speed and impact of medical breakthroughs by removing unnecessary obstacles that block new treatments from reaching patients and emphasizing research spending towards urgent national priorities, like brain science with its impact on Alzheimer’s, autism, Parkinson’s, mental health and other conditions knowledge of the brain will help solve.
- Restore the proper role of the judicial branch by using the clearly delineated powers available to the president and Congress to correct, limit, or replace judges who violate the Constitution.
- Enforce the Tenth Amendment by starting an orderly transfer of power and responsibility from the federal government back “to the states, respectively, or to the people,” as the Constitution requires. Over the next year, state and local officials and citizens will be asked to identify the areas which can be transferred back home.
2. Return to robust job creation with a bold set of tax cuts and regulatory reforms that will free American entrepreneurs to invest and hire, as well as by reforming the Federal Reserve and creating a training requirement for extended federal unemployment benefits to encourage work and improve the quality of our workforce.
Government does not create jobs. The American people create jobs.
Ronald Reagan understood this truth. His bold series of tax cuts and deregulatory measures upon taking office ended the economic stagnation of the 1970s for good by freeing American businesses to create nearly 20 million new jobs in less than a decade. In September 1983 alone the Reagan recovery led the American people to create 1,100,000 new jobs, more jobs than the first eight months of 2011 combined.
We understood these principles when we won the first Republican majority in the House in 40 years in 1994. Balanced budgets, streamlined government and the biggest capital gains tax cut in history led to unemployment falling to under 4% by 2000.
My administration will build on this time-tested model: A profound restructuring and reduction of the tax and regulatory burden on Americans, with the very achievable goal of 4% unemployment and millions of new jobs within only a few years.
JOBS AND PROSPERITY PLAN: LOWERING TAXES
First, I pledge to veto any tax increase. American families and businesses deserve certainty and predictability, and I will work to make permanent all current rates of taxation that would otherwise increase automatically in 2013.
My Jobs and Prosperity plan will then make four major tax cuts:
- Reduce the Corporate Tax to 12.5%. Reducing the corporate income tax, currently the second highest in the developed world, will make America the number one destination in the world for foreign investment and the millions of jobs that will accompany this designation. Most of the $1.4 trillion in profits locked up overseas by the current 35% tax rate will come home to be reinvested and distributed at a 12.5% rate.
- Abolish the Capital Gains Tax. Lowering the cost of investment means hundreds of thousands of more jobs will be created. It happens every time we lower the capital gains tax. At a zero percent rate, hundreds of billions of dollars in new investments will pour into the United States to create new firms and build new factories.
- Abolish the Death Tax. This law is economically misguided and morally indefensible, and it is time for the government to stop destroying family wealth. Abolishing the death tax ensures family-owned businesses can focus on creating jobs and growing rather than on dealing with tax law.
- 100% Expensing. We want American workers to have the most modern and most productive equipment in the world, and we can encourage this development by allowing companies to write off all their new equipment in one year.
JOBS AND PROSPERITY PLAN: TAX SIMPLIFICATION WITH AN OPTIONAL FLAT TAX
My legislation will also include an optional flat tax of 15% or less. All tax filers would be given the option to pay their income taxes subject to current income tax provisions or to pay under a lower single rate of taxation with limited deductions. A revenue neutral flat tax reform would save hundreds of billions of dollars in compliance costs each year and would eliminate the need for taxes on savings, dividends, and capital gains.
This optional flat tax system will create a new personal deduction of $12,000 for every American. This deduction is well above the current poverty level, ensuring that this new system does not unfairly target the poor. The current $1,000 tax credit for each child aged sixteen or younger would also apply, as would the current earned income tax credit (EITC).
An optional flat tax reform will be simple: tax returns can be done on one sheet of paper. Subtract from income a standard deduction and deductions for charity and home ownership, multiply the result by the fixed single rate of taxation of at most 15%, and the process is over.
Gone will be the stressful hours spent figuring out whether your military service or marital status will adversely affect your return. No more headaches trying to determine where estimated tax payments go. Tax preparation fees could be money spent on something more rewarding.
Such an optional flat tax system would create a new standard deduction, which would be above the established poverty level, meaning an optional flat tax would not unfairly target the poor.
An optional flat tax would eliminate the Alternative Minimum Tax. And if a person had twice as much income as another, he or she would be taxed twice as much. Furthermore, a single rate tax structure would eliminate taxes on savings, capital gains, and dividends. Saving would increase and businesses would expand to create new jobs.
This concept of an optional flat tax would give American taxpayers an opportunity to choose simplicity versus complexity and a single rate over a lot of deductions.
Because the flat tax is optional, it does not raise taxes on a single person or unfairly impact seniors, lower income workers, or the poor.
http://www.newt.org/contract/legislative-proposals#Two
Let’s Bump Plans: A Comparison of Gingrich and Perry’s Flat Tax Plans
http://www.newt.org/news/lets-bump-plans-comparison-gingrich-and-perrys-flat-tax-plans
Gingrich’s Plan Far Bolder than Perry’s Plan and Will Lead to Far More Robust Job Creation and Capital Investment in United States
| Gingrich | Perry | Verdict: Gingrich Plan Better |
|
|---|---|---|---|
| Rate | 15% | 20% | Gingrich has advocated for several years an optional flat tax rate of 15%, which when coupled with Gingrich’s bold entitlement and regulatory reforms, will usher in another era of booming economic growth and new, higher-paying jobs. The Perry rate of 20% is higher than the 17% that Steve Forbes proposed in his 1996 and 2000 presidential campaign. |
| Who Gets to Make Deductions for Charitable Giving and Home Ownership?? | Everyone | Families making less than $500,000/year | By creating two separate classes of taxpayers, the Perry plan buys into the same class warfare that characterizes the Obama and Romney economic plans. The fact that there are still two brackets – even under a supposed “flat tax” plan – calls into question whether this is really a flat tax at all. |
| State and Local Tax Deductions | Not deductible in optional flat tax plan | Deductible in optional flat tax plan | The Gingrich plan has a lower rate so less need for state and local deductions. The deduction is a federal subsidy for states to adopt higher state and local taxes. Removing the subsidy would lead states to reduce state and local taxes, or adopt their own flat tax reforms. The Perry plan erodes states’ competitive advantages by making state and local taxes deductible in his optional flat tax plan. |
| Who Benefits from Elimination of Capital Gains Tax? | Everyone | Depends whether capital gains is long term or short term. Perry’s plan eliminates cap gains only for long term. | The Gingrich plan maximizes the capital investment and job creation that will accompany the elimination of this tax. The Perry plan only goes halfway, and by levying up to 35% tax on short-term capital gains, it will discourage investment, venture capital, and new jobs creation. |
| Corporate Income Tax | 12.5% | 20% | The Gingrich plan will create a boom of new American entrepreneurship by dramatically cutting the corporate tax rate to one of the lowest in the developed world. The Perry plan relies upon a short term “tax holiday,” then only drops the corporate tax rate to 20% — only average in the developed world, and still over 20% higher than our closest economic competitor Canada, which has a rate of only 16.5%. Gingrich rate makes U.S. more competitive than Canada. |
| Payroll Taxes | Eventually replace payroll tax with personal accounts, financing better results | No change in existing payroll tax | Gingrich supports personal savings investment and insurance accounts that would eventually be expanded to finance all of the benefits now financed by the payroll tax, allowing that tax ultimately to be phased out altogether. |
| Family Deductions Under Flat Tax Plan | $12,000 personal deduction for every individual. Both the EITC and the Child Tax Credit are preserved in Gingrich’s optional flat tax system. | $12,500 personal deduction for every individual. No information provided. | Preserving the EITC and Child Tax Credit are critical to ensure that the optional flat tax system does not unfairly target low-income Americans. Gingrich passed the first child tax credit as Speaker in 1997, and will preserve this credit and the EITC under his optional flat tax system. |
| Record in Achieving Dramatic Jobs and Economic Recovery at the National Level? | Yes. Substantial. See record at right. | None. | Speaker Gingrich’s Record (1995-1999):• Eleven Million New Jobs • Four Straight Balanced Budgets for the First Time Since the 1920s. • Unemployment rate of 4.2%. • Federal Spending Held to the Slowest Growth Rate Since the Early 1950s (avg. of 2.9% a year). • Venture capital investments grew 500% in three years and manufacturing sector grew to 17.43 million jobs. • Bipartisan Welfare Reform that Lifted Millions from Poverty. • Over $400 Billion of National Debt Paid Down |
http://www.newt.org/news/lets-bump-plans-comparison-gingrich-and-perrys-flat-tax-plans
Let’s Bump Plans: A Comparison of Gingrich and Romney’s Tax Plans
http://www.newt.org/news/lets-bump-plans-comparison-gingrich-and-romneys-tax-plans
| Gingrich | Romney | Verdict: Gingrich Plan Better |
|
|---|---|---|---|
| Personal Income Tax | Choice of current system or 15% flat tax with personal, homeowner, and charitable deductions | Maintain current tax rates | The Gingrich plan gives Americans a choice to continue to file under the existing system, or to eliminate compliance costs and hours of paperwork by filing with a flat rate of 15%. The Romney plan hopes to make taxes “flatter” in the future, but offers no immediate choice and no immediate relief. |
| Capital Gains Tax for Individuals | Eliminate tax completely | Depends how much money the taxpayer makes. Romney’s plan eliminates capital gains taxes for those making less than $200,000/year, but maintains the current system, with rates of up to 35%, for the rest. | The Gingrich plan maximizes the capital investment and job creation that will accompany the elimination of this tax, and acknowledges that a tax reform is only fair if all Americans receive relief. The Romney plan determines that some Americans should pay no taxes on a particular investment, while other Americans should pay taxes of up to 35% on the same investment. |
| Capital Gains Tax for Corporations | Eliminate tax completely | Maintain current system | The Gingrich plan is modeled on the success of the 1997 capital gains cut, which spurred job creation and a 500% increase in venture capital in just 3 years. The Romney plan maintains the corporate capital gains tax, an unequivocal burden on American job-creators who need to be freed to grow, prosper, and compete in a 21st century global economy. |
| Corporate Income Tax | 12.5% | 25% | The Gingrich plan will create a boom of new American entrepreneurship by dramatically cutting the corporate tax rate to one of the lowest in the developed world. The Romney plan will still be average-to-high compared to the rest of the developed world, and still over 50% higher than our closest economic competitor Canada, which has a rate of only 16.5%. Gingrich rate makes U.S. more competitive than Canada. |
| Payroll Tax | Eventually replace payroll tax with personal accounts, financing better results | No information | Gingrich supports personal savings investment and insurance accounts that would eventually be expanded to finance all of the benefits now financed by the payroll tax, allowing that tax ultimately to be phased out altogether. |
| Medicare reform | Choice between the traditional system or opportunity to purchase private insurance with premium support | No information | Under the Gingrich Plan, any American who wants to enjoy the existing Medicare system will be able to do so. Americans can also opt to transition to a more personalized system in the private sector with greater options for better care, where they would receive premium support to purchase private insurance. |
http://www.newt.org/news/lets-bump-plans-comparison-gingrich-and-romneys-tax-plans
Read Full Post | Make a Comment ( None so far )Herman Cain’s 9-9-9 Plan: 9% Business Income Flat Tax, 9% Personal Income Flat Tax, 9% National Retail Consumption Tax–Videos
Herman Cain on Taxes
Herman Cain on Fixing Deficit/Jobs/Fair Tax: “Replace Income and Payroll Tax”
Herman Cain on Fair Tax Dick Morris TV: Lunch ALERT!
Herman Cain’s 9-9-9 Tax Plan
9-9-9: A Vision for Economic Growth
Herman Cain breaks down his 9-9-9 plan
Herman Cain Explains His ‘9-9-9 Plan’
Now is the time for action!
Herman Cain Phase2 The FairTax
Background Articles and Videos
Ron Paul vs Herman Cain on Fed Reserve
Herman Cain lied to Ron Paul regarding Federal Reserve Audit
Alex Jones Calls Out Uncle Tom Herman Cain
Mark Block addresses smoking role in latest Cain video
Read Full Post | Make a Comment ( None so far )
Naughty Angels, From Good to Sexy Girls Halloween Costume–Videos
Naughty Angels, From Good to Sexy Girls Halloween Costume
Succubus Sexy Nightmare, Incubus, Morrigan, Lilith, WOW, World or Warcraft
Background Articles and Videos
School Girls & Nerds
Read Full Post | Make a Comment ( None so far )
Expelled: No Intelligence Allowed–Videos
Expelled: No Intelligence Allowed (Part 1 of 10)
Expelled: No Intelligence Allowed (Part 2 of 10)
Expelled: No Intelligence Allowed (Part 3 of 10)
Expelled: No Intelligence Allowed (Part 4 of 10)
Expelled: No Intelligence Allowed (Part 5 of 10)
Expelled: No Intelligence Allowed (Part 6 of 10)
Expelled: No Intelligence Allowed (Part 7 of 10)
Expelled: No Intelligence Allowed (Part 8 of 10)
Expelled: No Intelligence Allowed (Part 9 of 10)
Expelled: No Intelligence Allowed (Part 10 of 10)
Background Articles and Videos
Mind Control Hate Propaganda, Hate Speech & Crime, Black PR
Mind Control, Psychology of Brainwashing, Sex & Hypnosis
Mind Control in a Can, Soft Drinks Aren’t Sexy, Coke, Pop
Music, Emotion & Mind Control, Psychology
MK-Ultra, CIA Mind Control & Brain Washing to Make Assassins
Propaganda, Black Public Relations & Mind Control Report Part 1
Propaganda, Black Public Relations & Mind Control Report 2
Fit vs. UnFit, Eugenics, Planned Parenthood & Psychology, Mind Control Report
Sex Control Police State, Eugenics, Galton, Kantsaywhere, Mind Control
Sex Addiction, Restless Legs Syndrome, PMS & Drug, Mind Control Report
END GAME: Official Movie Eugenics pt1
END GAME: Official Movie Eugenics pt2
END GAME: Official Movie Eugenics pt3
END GAME: Official Movie Eugenics pt4
END GAME: Official Movie Eugenics pt5
EndGame HQ full length version
Collapse of Darwinism : Theory of Evolution [full video]
Anyone who seeks an answer to the question of how living things, including himself, came into existence, will encounter two distinct explanations. The first is “creation,” the idea that all living things came into existence as a consequence of an intelligent design. The second explanation is the theory of “evolution,” which asserts that living things are not the products of an intelligent design, but of coincidental causes and natural processes.As a matter of fact, however, scientific findings do not support the theory of evolution. Findings from the last two decades in particular openly contradict the basic assumptions of this theory.
From Darwin to Hitler
From Darwing to Hitler
Richard Wikary
http://www.csustan.edu/history/faculty/weikart/fromdarwintohitler.htm
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Read Full Post | Make a Comment ( None so far )Why The Republican Progressive Establishment Opposes Ron Paul: George Bush, The CIA, Mafia and Drug Trafficking–Vidoes
Bush Speaks the Truth
The George Bush You Forgot
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“…Pete Brewton teaches journalism and law at Texas Tech University in Lubbock, Texas. The author of the bestseller The Mafia, CIA and George Bush, he is an award-winning journalist with 15 years reporting experience at the Houston Chronicle and the Houston Post. He practiced law in Houston for five years.
Mr. Brewton holds a Bachelors degree in philosophy from Rice University, a Masters degree in astronomy from New Mexico State University, a Masters degree from the American Graduate School of International Management, and a law degree from the University of Texas. He travels frequently to help with his mothers working cattle ranch in Lampasas County.
Mr. Brewton has won more than 20 reporting awards, including a Katie Award from the Dallas Press Club, first place in public service from the Texas APME, and the PEN Center USA West Literary Award.
He is the author of the book The Mafia, CIA and George Bush, which is based on his investigations of powerful Texas businessmen, politicians, and their connections to the savings and loans scandals of the 1980s. Brewton also explores the relationship that George H. W. Bush had with Ted Shackley, Carl E. Jenkins, Paul Helliwell, Rafael ‘Chi Chi’ Quintero and Thomas G. Clines. …”
The Mafia, CIA and George Bush (Part 1)
The Mafia, CIA and George Bush (Part 2)
The Mafia, CIA and George Bush (Part 3)
The Mafia, CIA and George Bush (Part 4)
The Mafia, CIA and George Bush (Part 5)
The Mafia, CIA and George Bush (Part 6)
The Mafia, CIA and George Bush (Part 7)
The Mafia, CIA and George Bush (Part 8)
The Mafia, CIA and George Bush (Part 9)
The Mafia, CIA and George Bush (Part 10)
The Mafia, CIA and George Bush (Part 11)
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Fiscal Year 2011 Deficit $1,299 Billion and Total Public Debt Hits $14,790 Billion–Videos
U.S. Debt Clock
http://www.usdebtclock.org/index.html
Federal Budget Historical Tables
http://www.federalbudget.com/HistoricalTables.pdf
Ron Paul 2012 — “Banned” Commercial
Ron Paul Ad – Plan
Ron Paul on ‘Center Seat’ – 10/26/2011
Ron Paul: Yes, We Can Cut $1 Trillion Immediately
Banned Ron Paul Video That FOX Refused To Re-Air
This Video Changed My Life: ‘Ron Paul: Stop Dreaming’
‘Joint Statement of Timothy Geithner, Secretary of the Treasury, and Jacob Lew, Director of the Office of Management And Budget, on Budget Results for Fiscal Year 2011
10/14/2011
WASHINGTON, D.C. – U.S. Treasury Secretary Tim Geithner and Office of Management and Budget (OMB) Director Jacob Lew today released details of the final fiscal year (FY) 2011 budget results. Although lower than expected last February, the FY 2011 deficit remained elevated at $1.299 trillion, which is essentially flat in nominal terms relative to last year’s deficit. In making the announcement, Geithner and Lew underscored the Administration’s commitment to enacting deficit reduction that puts Federal finances back on a sustainable path while providing near-term support for jobs and economic growth.
In August, President Obama signed into law the Budget Control Act of 2011 (BCA). The BCA achieves a significant down payment on deficit reduction by cutting discretionary Government spending by nearly $1 trillion over the next 10 years. It also charges a Joint Select Committee on Deficit Reduction with finding an additional $1.5 trillion in savings.
In September, President Obama put forward his Plan for Economic Growth and Deficit Reduction. The plan includes and fully pays for the American Jobs Act – which delivers tax relief for businesses and working families; provides tax credits for the hiring of veterans and the long-term unemployed; makes investments toward rebuilding our nation’s infrastructure; and includes other key measures to help put more Americans back to work. Additionally, combined with the nearly $1 trillion in discretionary spending cuts included in the BCA, the President’s plan will achieve more than $4 trillion in deficit reduction over the next 10 years.
“Congress has an opportunity now to pass reforms to reduce future deficits and strengthen economic growth,” said Treasury Secretary Tim Geithner. “I urge Congress to act on the President’s proposals.”
“This report confirms that we cannot waste any time in jumpstarting economic growth and job creation to lay the foundation for a stronger economy and lower future deficits. Last month, the President delivered a plan to Congress to do just that. It lives up to the simple idea that, as a Nation, we can live within our means while still making the investments we need to prosper – from a jobs bill that is needed right now to long-term investments in education, innovation, and infrastructure. It follows a balanced approach: asking everyone to do their part, so no one has to bear all of the burden. And it says that everyone – including millionaires and billionaires – should pay their fair share. We urge Congress to act now in passing measures that would get our economy back on a sustainable path,” OMB Director Jacob Lew stated.
Summary of Fiscal Year 2011 Budget Results
Although lower than the estimate in the President’s FY 2012 Budget last February, the FY 2011 deficit remained elevated as a result of the continued effects of the financial crisis in 2008 and 2009, which have put a persistent strain on Federal revenues and outlays. The economy has begun to recover with the aid of efforts including the American Recovery and Reinvestment Act (Recovery Act), financial market interventions, and further fiscal support enacted last December. The recession, however, was deeper than originally reported, and the return to economic growth has been further slowed by strong headwinds this year in the form of higher energy prices, the earthquake and tsunami in Japan, and a broader global economic slowdown.
Year-end data from the September 2011 Monthly Treasury Statement of Receipts and Outlays of the United States Government show that the deficit for FY 2011 was $1.299 trillion. As a percentage of gross domestic product (GDP), the deficit was 8.7 percent of GDP, down from 9.0 percent of GDP in FY 2010. In nominal terms, the FY 2011 deficit was essentially flat – a $4 billion or 0.3 percent increase – relative to last year’s deficit.
The FY 2011 deficit was $347 billion or 21 percent less than the estimate in the President’s Budget, and $17 billion or 1.3 percent less than estimated in the Mid-Session Review (MSR) of the Budget.
Table 1. Total Receipts, Outlays, and Deficit (in billions of dollars)
| Receipts | Outlays | Deficit | |
| FY 2010 Actual | 2,162 | 3,456 | -1,294 |
| Percentage of GDP | 15.1% | 24.1% | 9.0% |
| FY 2011 Estimates: | |||
| 2012 Budget | 2,174 | 3,819 | -1,645 |
| 2012 Mid-Session Review | 2,314 | 3,630 | -1,316 |
| FY 2011 Actual | 2,302 | 3,601 | -1,299 |
| Percentage of GDP | 15.4% | 24.1% | 8.7% |
The slight uptick in the nominal deficit from last year was due to higher outlays that were nearly offset by higher receipts. Government receipts totaled $2.302 trillion in FY 2011. Receipts were $141 billion higher than in FY 2010, an increase of 6.5 percent. Even with the extension of tax provisions in the December 2010 Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act, FY 2011 collections were significantly higher for individual income tax receipts. Collections also increased for excise tax receipts, customs duties and deposits of earnings from the Federal Reserve. These increases were offset somewhat by decreases in social insurance and retirement receipts (reflecting the payroll tax relief enacted in December), corporation income tax receipts, and estate and gift tax receipts. As a percentage of GDP, receipts equaled 15.4 percent, slightly higher than the 15.1 percent of GDP last year.
Outlays for FY 2011 were $145 billion above those in FY 2010, an increase of 4.2 percent. As a percentage of GDP, total outlays were 24.1 percent, unchanged from the prior year. Outlays for annually appropriated programs as a whole changed very little from the prior year because they were operating under a series of continuing resolutions culminating in the passage of the Department of Defense and Full-Year Continuing Appropriations Act in April. Higher spending for interest on the public debt, Medicare, and Social Security accounted for $110 billion of the $145 billion increase in outlays relative to FY 2010. Notably, spending for unemployment benefits decreased by $30 billion from FY 2010. Outlays were $218 billion less than estimated in the President’s FY 2012 Budget.
The Federal Government primarily finances deficits by borrowing from the public. Borrowing from the public is also affected by other factors, such as changes in the Treasury operating cash balance. The U.S. Government holds significant financial assets, which must be offset against debt held by the public and other financial liabilities to achieve a more complete understanding of the Government’s financial condition. Federal borrowing from the public, net of financial assets, increased by $1.299 trillion during FY 2011 to $9.302 trillion, or 62.2 percent of GDP. (This measure of net borrowing, as reported in the Monthly Treasury Statement, excludes the Federal Government’s holdings of Fannie Mae and Freddie Mac preferred stock. If those stock holdings were included, net borrowing as a percentage of GDP would be smaller by roughly one percentage point.)
Fiscal Year 2011 Receipts
Total receipts for FY 2011 were $2.302 trillion, $12 billion lower than the MSR estimate of $2.314 trillion. This net decrease in receipts was attributable in large part to lower-than-estimated collections of corporation income taxes and miscellaneous receipts, which were only partially offset by higher-than-estimated collections of individual income taxes, social insurance and retirement receipts, and excise taxes.
Table 2 displays actual receipts and estimates from the Budget and the MSR by source.
Individual income taxes were $1,091 billion, $2 billion higher than the MSR estimate. Lower-than-expected refunds increased individual income tax collections by $5 billion relative to the MSR. This increase was partially offset by lower-than-estimated withholding and lower-than-estimated nonwithheld payments of individual income tax liability, which were both $1 billion below the MSR estimate.
Corporation income taxes were $181 billion, $13 billion lower than the MSR estimate. This decrease reflected lower-than-expected payments of 2011 corporation income tax liability, attributable in large part to slower economic growth relative to what was assumed for the MSR. Delays in certain filing and payment deadlines granted by the Internal Revenue Service in response to recent natural disasters may have also contributed to the shortfall in this source of receipts.
Social insurance and retirement receipts were $819 billion, $3 billion higher than the MSR estimate. Higher-than-estimated collections of Social Security and Medicare payroll taxes increased this source of receipts by $2 billion relative to the MSR. Higher-than-expected unemployment insurance receipts, attributable to higher-than-estimated deposits by States to the unemployment insurance trust fund to replenish depleted balances, increased this source of receipts by an additional $2 billion relative to the MSR estimate.
Excise taxes were $72 billion, $2 billion higher than the MSR estimate of $70 billion. This increase was attributable to higher-than-expected demand for taxed goods.Estate and gift taxes were $7 billion, the same as the MSR estimate.
Customs duties were $30 billion, the same as the MSR estimate.
Miscellaneous receipts were $102 billion, $6 billion lower than the MSR estimate. Lower-than-expected deposits of earnings by the Federal Reserve System, attributable in large part to lower-than-expected returns on the Federal Reserve’s investment portfolio, accounted for $4 billion of the decrease in miscellaneous receipts relative to the MSR estimate.
Fiscal Year 2011 Outlays
Total outlays were $3.601 trillion for FY 2011, $29 billion below the MSR estimate.
http://www.treasury.gov/press-center/press-releases/Pages/tg1328.aspx
MONTHLY STATEMENT OF THE PUBLIC DEBT
OF THE UNITED STATES
SEPTEMBER 30, 2011
TABLE I -- SUMMARY OF TREASURY SECURITIES OUTSTANDING, SEPTEMBER 30, 2011
(Millions of dollars)
Amount Outstanding
Title Debt Held Intragovernmental Totals
By the Public Holdings
Marketable:
Bills....................................... 1,475,557 1,948 1,477,505
Notes....................................... 6,406,983 5,510 6,412,493
Bonds....................................... 1,016,407 4,006 1,020,413
Treasury Inflation-Protected Securities..... 705,352 340 705,693
Federal Financing Bank 1 ................. 0 8,441 8,441
Total Marketable a........................... 9,604,300 20,246 2 9,624,546
Nonmarketable:
Domestic Series............................. 29,995 0 29,995
Foreign Series.............................. 2,986 0 2,986
State and Local Government Series........... 151,831 0 151,831
United States Savings Securities............ 185,187 0 185,187
Government Account Series................... 151,346 4,642,570 4,793,916
Hope Bonds 19............................... 0 493 493
Other....................................... 1,386 0 1,386
Total Nonmarketable b........................ 522,731 4,643,063 5,165,795
Total Public Debt Outstanding ................ 10,127,031 4,663,309 14,790,340 TABLE II -- STATUTORY DEBT LIMIT, SEPTEMBER 30, 2011
(Millions of dollars)
Amount Outstanding
Title Debt Held Intragovernmental Totals
By the Public 17, 2Holdings
Debt Subject to Limit: 17, 20
Total Public Debt Outstanding............... 10,127,031 4,663,309 14,790,340
Less Debt Not Subject to Limit:
Other Debt ............................... 487 0 487
Unamortized Discount 3................... 19,429 14,948 34,376
Federal Financing Bank 1 ............ 0 8,441 8,441
Hope Bonds 19............................. 0 493 493
Plus Other Debt Subject to Limit:
Guaranteed Debt of Government Agencies 4 10 0 10
Total Public Debt Subject to Limit ......... 10,107,126 4,639,427 14,746,553
Statutory Debt Limit 5..................................................................... 15,194,000
Balance of Statutory Debt Limit............................................................. 447,447
COMPILED AND PUBLISHED BY
THE BUREAU OF THE PUBLIC DEBT
www.TreasuryDirect.gov
http://www.treasurydirect.gov/govt/reports/pd/mspd/2011/opds092011.prn
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Gary Johnson, Tom Woods, Steve Forbes on FreedomFest Panel–Videos
Gary Johnson, Tom Woods, Steve Forbes on FreedomFest Panel
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A Ron Paul Tax Reform Plan: No Income Taxes Or I.R.S.–FairTax Less: 2013: 20%, 2014: 19%, 2015: 18%, 2016: 17%, 2017: 16%–Income Tax 16th Amendment Repealed And Balance Budget Amendment Passed!–“When The Impossible Became The Inevitable!”
When The Impossible Became The Inevitable
Ron Paul on Taxes
Ron Paul – Repeal The 16th Amndment
The Fair Tax
Taxes and the Republican Party by the Southern Avenger
Tax Code Roulette | THE PLAIN TRUTH by Judge Napolitano 10/25/11
Flat, Fair, VAT, or Gone? What Should be done with the Federal Income Tax- CPAC 2011 Pt.1
The FairTax… For a better America
Lugar Cosponsors the FairTax
The FairTax Versus the Obama ‘Jobs Plan’
Rob Woodall Floor Speech: The FairTax will bring jobs back to America
Pence on the Fair Tax
Tom Wright on the FairTax part 1
What is the FairTax legislation?
Why is the FairTax better than a flat income tax?
What is the impact of the FairTax on business?
How does the “prebate” work?
people bring home their whole paychecks how can prices fall?
Will the FairTax lead to a massive underground economy?
Is the FairTax rate really 23%?
How will used goods be taxed?
FairTax
Herman Cain on Fixing Deficit/Jobs/Fair Tax: “Replace Income and Payroll Tax”
Herman Cain Explains the Fair Tax
Johnson: What makes you a better Libertarian choice than Ron Paul?
Reagan on Taxes
Reagan; Taxes and Budget Deficit: Revenue 19% of GDP; Spending is 23%; Revenue is sufficient
Reagan on Balanced Budget
Ronald Reagan – Tax Reform Act Remarks
Murray N. Rothbard: Libertarianism
Ron Paul needs to come out with his own comprehensive tax reform plan. I recommend the FairTax as a starting point with some significant changes.
The FairTax is a national retail sales consumption tax that would replace the following federal taxes:
- Personal income tax
- Payroll taxes for Social Security and Medicare
- Capital gains tax
- Alternative Minimum Tax
- Self-employment tax
- Corporate income tax
- Gift taxes
- Estate taxes
When you buy goods or services, income and payroll taxes are included or embedded in the price. When these taxes are eliminated, the price of the goods or services would decline.
Thus when the FairTax replaces these taxes, the price of the good or service with the new FairTax included should result in the price of the good or service remaining about the same.
The proposed FairTax rate is 23 percent when the tax is included in the unit price of the good or service. For example, a loaf of bread with a selling price of $1 would include 23 cents for the FairTax.
Since Paul wants to significantly limit the size and scope of the federal government, I propose he reduce the FairTax rate to 20 percent for 2013 with a tax prebate of $250 per individual to refund in advance the taxes paid on the necessities of life. A family of four would received a monthly prebate of $1,000 per month.
The FairTax Less rate would be reduced by 1 percent a year for the next four years so that by 2017 the rate would be 16 percent.
A declining FairTax Less rate combined with a declining balanced budget will force a reduction of government spending outlays.
It should take four to eight years before the 16th Amendment (income tax) is repealed and the balanced budget amendment passes.
Therefore, I would like to see the repeal of the 16th Amendment and the passage of a balanced budget Amendment be immediately initiated in the House of Representatives and Senate.
If this is done, by 2017 the American people will never again want to go back to the complex and time-consuming income tax.
Instead, the American people will be demanding smaller government and an even lower FairTax Less rate.
Also, Paul needs to advocate a FairTax Less plan to complement his Plan to Restore America to a peace and prosperity economy by cutting government spending by $1 trillion in his first year as president and balance the budget in his third year.
The advantage is that a single FairTax Less rate of 20 percent would beat Herman Cain’s 9-9-9 plan. Cain’s plan would have a flat 9 percent business tax, a flat 9 percent personal income tax and a 9 percent national retail sales tax. The total tax rate paid would be 27 percent under Cain’s plan.
A single FairTax Less rate of 20 percent would easily defeat Perry’s optional flat tax of 20 percent personal income tax and a 15.3 percent payroll tax for Social Security or Medicare for a total of 30.3 percent. This does not include the 20 percent corporate income tax that would bring the total taxes paid to over 50 percent.
Only when the American people consume or spend their money on new goods and services would they pay the FairTax Less rate of 20 percent.
The American people would have a strong economic incentive to work, save and invest their money.
More savings would lead to more investment and in turn more jobs as businesses grow and prosper.
It’s time for Ron Paul to announce his support for a FairTax Less plan.
The dynamic combination of Paul’s Plan to Restore America and the FairTax Less plan would result in a peace and prosperity economy.
The U.S. would be the only nation on earth with no taxes on capital and labor!
The FairTax Less plan would attract trillions of dollars of new investment into the U.S. from around the world.
RESTORE AMERICA NOW! Ron Paul 2012 – Plan!
The FairTax: It’s Time
[Raymond Thomas Pronk is host of the Pronk Pops Show on KDUX web radio from 3-5 p.m. Wednesdays and author of the companion blog www.pronkpops.wordpress.com]
Background Articles and Videos
“…What is the FairTax plan?
The FairTax plan is a comprehensive proposal that replaces all federal income and payroll based taxes with an integrated approach including a progressive national retail sales tax, a prebate to ensure no American pays federal taxes on spending up to the poverty level, dollar-for-dollar federal revenue neutrality, and, through companion legislation, the repeal of the 16th Amendment.
The FairTax Act (HR 25, S 13) is nonpartisan legislation. It abolishes all federal personal and corporate income taxes, gift, estate, capital gains, alternative minimum, Social Security, Medicare, and self-employment taxes and replaces them with one simple, visible, federal retail sales tax administered primarily by existing state sales tax authorities.
The FairTax taxes us only on what we choose to spend on new goods or services, not on what we earn. The FairTax is a fair, efficient, transparent, and intelligent solution to the frustration and inequity of our current tax system.
The FairTax:
- Enables workers to keep their entire paychecks
- Enables retirees to keep their entire pensions
- Refunds in advance the tax on purchases of basic necessities
- Allows American products to compete fairly
- Brings transparency and accountability to tax policy
- Ensures Social Security and Medicare funding
- Closes all loopholes and brings fairness to taxation
- Abolishes the IRS
We offer a library of information throughout this Web site about the features and benefits of the FairTax plan. Please explore! …”
http://www.fairtax.org/site/PageServer?pagename=about_main
Tom Wright on the FairTax part 1
Tom Wright on the FairTax part 2
Tom Wright on the FairTax part 3
Tom Wright on the FairTax part 4
Tom Wright on the FairTax part 5
Tom Wright on the FairTax part 6
Tom Wright on the FairTax part 7
Why is the FairTax better than a flat income tax?
Dan Mitchell explains the fair tax
Q&A on the FAIRTAX pt.1
Q&A on the FAIRTAX pt.2
Americans For Fair Taxation
“…Americans For Fair Taxation (AFFT), also known as FairTax.org, states it is the United States’ largest, single-issue grassroots organization and taxpayers union dedicated to fundamental tax code replacement.[1] The Houston, Texas-based non-partisan political advocacy group is made up of volunteers who are working to get the Fair Tax Act (H.R. 25/S. 1025) enacted in the United States; a plan to replace all federal payroll and income taxes (both corporate and personal) with a national retail sales tax and monthly tax “prebate” to households of citizens and legal resident aliens. Americans for Fair Taxation state they subscribe to the ideals of simplicity, fairness, and freedom which they believe are embodied in the FairTax.[2][3] The organization claims to have signed up over 800,000 supporters.[4]
AFFT was founded in 1994 by three Houston businessmen, Jack Trotter, Bob McNair, and Leo Linbeck, who each pledged $1.5 million as seed money to hire tax experts to identify what they perceived as faults with the current tax system, to determine what American citizens would like to see in tax reform, and then to design the best system of taxation.[2] The three went on to raise an additional $17 million to fund focus groups with citizens around the country and tax policy studies.[2]
| Some of the experts funded include: |
- Professors David Burton and Dan Mastromarco, University of Maryland and The Argus Group
- Laurence Kotlikoff, Boston University
- Stephen Moore, The Cato Institute
- Professor Dale Jorgenson, Harvard University
- Bill Beach (economist), the Heritage Foundation
- Jim Poterba, The National Bureau of Economic Research
- Professor George Zodrow, Rice University and the Baker Institute for Public Policy
- Professor Joseph Kahn, Massachusetts Institute of Technology
http://en.wikipedia.org/wiki/Americans_For_Fair_Taxation
FairTax.org
http://www.fairtax.org/site/PageServer
Federal Insurance Contributions Act tax
Federal Insurance Contributions Act (FICA) tax (
/ˈfaɪkə/) is a United States payroll (or employment) tax[1] imposed by the federal government on both employees and employers to fund Social Security and Medicare[2] —federal programs that provide benefits for retirees, the disabled, and children of deceased workers. Social Security benefits include old-age, survivors, and disability insurance (OASDI); Medicare provides hospital insurance benefits. The amount that one pays in payroll taxes throughout one’s working career is indirectly tied to the social security benefits annuity that one receives as a retiree.[citation needed] This has led some to claim that the payroll tax is not a tax because its collection is tied to a benefit.[3] The United States Supreme Court decided in Flemming v. Nestor (1960) that no one has an accrued property right to benefits from Social Security.
The Federal Insurance Contributions Act is currently codified at Title 26, Subtitle C, Chapter 21 of the United States Code.[4]
Overview
The Center on Budget and Policy Priorities states that three-quarters of taxpayers pay more in payroll taxes than they do in income taxes.[5] The FICA tax is considered a regressive tax on income (with no standard deduction or personal exemption deduction) and is imposed (for the years 2009 and 2010) only on the first $106,800 of gross wages. The tax is not imposed on investment income (such as interest and dividends).
“Regular” employees (most wage-earners)
For 2008, the employee’s share of the Social Security portion of the tax is 6.2%[6] of gross compensation up to a limit of $102,000 of compensation (resulting in a maximum of $6,324.00 in tax). For 2009 and 2010, the employee’s share is 6.2% of gross compensation up to a limit of $106,800 of compensation (resulting in a maximum Social Security tax of $6,621.60).[7] This limit, known as the Social Security Wage Base, goes up each year based on average national wages and, in general, at a faster rate than the Consumer Price Index (CPI-U). For the calendar year 2011, the employee’s share has been temporarily reduced to 4.2% of gross compensation, with a limit of $106,800.[8] The employee’s share of the Medicare portion is 1.45% of wages, with no limit on the amount of wage subject to the Medicare tax.[6]
The employer is also liable for 6.2% Social Security and 1.45% Medicare taxes,[9] making the total Social Security tax 12.4% of wages, and the total Medicare tax 2.9%. (Self-employed people are responsible for the entire FICA percentage of 15.3% (= 12.4% + 2.9%), since they are in a sense both the employer and the employed; however, see the section on self-employed people for more details.)
If a worker starts a new job halfway through the year and has already earned the wage base limit with the old employer for Social Security purposes, the new employer is not allowed to stop withholding until the wage base limit has been earned with the new employer without regard to the wage base limit earned under the old employer. There are some limited cases, such as a successor-predecessor transfer, in which the payments that have already been withheld can be counted toward the year-to-date total.
If a worker has overpaid toward Social Security by having more than one job or by having switched jobs during the year, that worker can file a request to have that overpayment counted as tax paid when he or she files a Federal income tax return. If the taxpayer is due a refund, then the FICA overpayment is refunded.
Self-employed people
A tax similar to the FICA tax is imposed on the earnings of self-employed individuals, such as independent contractors and members of a partnership. This tax is imposed not by the Federal Insurance Contributions Act but instead by the Self-Employment Contributions Act of 1954, which is codified as Chapter 2 of Subtitle A of the Internal Revenue Code, 26 U.S.C. § 1401 through 26 U.S.C. § 1403 (the “SE Tax Act”). Under the SE Tax Act, self-employed people are responsible for the entire percentage of 15.3% (= 12.4% [Soc. Sec.] + 2.9% [Medicare]); however, the 15.3% multiplier is applied to 92.35% of the business’s net earnings from self-employment, rather than 100% of the gross earnings; the difference, 7.65%, is half of the 15.3%, and makes the calculation fair in comparison to that of regular (non-self-employed) employees. It does this by adjusting for the fact that employees’ 7.65% share of their SE tax is multiplied against a number (their gross income) that does not include the putative “employer’s half” of the self-employment tax. In other words, it makes the calculation fair because employees don’t get taxed on their employers’ contribution of the second half of FICA, therefore self-employed people shouldn’t get taxed on the second half of the self-employment tax. Similarly, self-employed people also deduct half of their self-employment tax (schedule SE) from their gross income on the way to arriving at their adjusted gross income (AGI). This levels the amount paid by self-employed persons in comparison to regular employees, who don’t pay general income tax on their employers’ contribution of the second half of FICA, just as they didn’t pay FICA tax on it either.[10][11]
These calculations are made on Schedule SE: Self-Employment Tax, although that is not readily apparent to novice self-employed taxpayers, owing to the schedule’s rather opaque name, which makes it sound like it is part of the general federal income tax. Some taxpayers have complained that Schedule SE’s title should be changed to something such as “Self-Employment FICA Tax”, so that its separateness from the general income tax is apparent,[12] perhaps not realizing that the SE tax is not imposed by the Federal Insurance Contributions Act (FICA) at all, and that neither SE taxes nor FICA taxes are “income taxes” imposed under Chapter 1 of the Internal Revenue Code.
Exemption for certain full-time students
A special case in FICA regulations includes exemptions for student workers. Students enrolled at least half-time in a university and working part-time for the same university are exempted from FICA payroll taxes, so long as their relationship with the university is primarily an educational one.[13] Medical residents working full-time are not considered students and are not exempt from FICA payroll taxes, according to a US Supreme Court ruling in 2011.[14] In order to be exempt from FICA payroll taxes, a student’s work must be “incident to” pursuit of a course of study, which is rarely the case with full-time employment.[14]
History
Prior to the Great Depression, the following presented difficulties for working-class Americans: [15]
- The U.S. had no federal-government-mandated retirement savings; consequently, for those people who had not voluntarily saved money throughout their working lives, the end of their work careers was the end of all income.
- Similarly, the U.S. had no federal-government-mandated disability income insurance to provide for citizens disabled by injuries (of any kind—non-work-related); consequently, for most people, a disabling injury meant no more income (since most people have little to no income except earned income from work).
- In addition, there was no federal-government-mandated disability income insurance to provide for people unable to ever work during their lives, such as anyone born with severe mental retardation.
- Further, the U.S. had no federal-government-mandated health insurance for the elderly; consequently, for many people, the end of their work careers was the end of their ability to pay for medical care.
- Finally, the U.S. had no federal-government-mandated health insurance for all those who are not elderly; consequently, many people, especially those with pre-existing conditions, have no ability to pay for medical care.
In the 1930s, the New Deal introduced Social Security to rectify the first three problems (retirement, injury-induced disability, or congenital disability). It introduced the FICA tax as the means to pay for Social Security.
In the 1960s, Medicare was introduced to rectify the fourth problem (health care for the elderly). The FICA tax was increased in order to pay for this expense.
Criticism
Social Security regressivity debate
The Social Security component of the FICA tax is regressive, meaning the effective tax rate regresses (decreases) as income increases.[16] The Social Security component is actually a flat tax for wage levels under the Social Security Wage Base (see “Regular” employees above). But since no tax is owed on wages above the Wage Base limit, the total tax rate declines as wages increase beyond that limit. In other words, for wage levels above the limit, the absolute dollar amount of tax owed remains constant; since this number (the numerator) remains constant while the wage level (the denominator) increases, the effective tax rate steadily decreases as wage levels increase beyond the Wage Base limit.
FICA is also not collected on unearned income, including interest on savings deposits, stock dividends, and capital gains such as profits from the sale of stock or real estate. The proportion of total income which is exempt from FICA as “unearned income” tends to rise with higher income brackets.
Some argue that since Social Security taxes are eventually returned to taxpayers, with interest, in the form of Social Security benefits, the regressiveness of the tax is effectively negated.[citation needed] That is, the taxpayer gets back what he or she put into the Social Security system. Others, including the Congressional Budget Office, point out that the Social Security system as a whole is progressive; individuals with lower lifetime average wages receive a larger benefit (as a percentage of their lifetime average wage income) than do individuals with higher lifetime average wages.[17][18]
http://en.wikipedia.org/wiki/Federal_Insurance_Contributions_Act_tax
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In Grey Court, South Carolina, on Oct.25, Texas Governor Rick Perry, Republican presidential candidate, unveiled his plan, “Cut, Balance and Grow”, for the U.S. economy. Perry’s proposed an optional flat income tax rate of 20 percent to replace the existing federal income tax system. Taxpayers would have the option to pay either the new flat 20 percent rate or continue paying income taxes based on the existing complex income tax system.
The individual standard tax exemption would be increased to $12,500 plus each dependent would also have a $12,500 tax exemption. A family of four earning $50,000 per year would be exempt from income taxes. Perry’s tax reform plan would also keep the mortgage interest, state taxes and charitable deductions for families earning less than $500,000.
Dividend, interest and capital gains taxes, the Alternative Minimum tax and estate taxes would all be eliminated. Social Security benefits would no longer be taxed.
Perry would not change Social Security and Medicare benefits for those currently receiving or soon-to-be receiving these benefits. However, Perry would gradually increase the eligibility age for Social Security and Medicare.
Young workers would be permitted to invest part of their Social Security payroll taxes in investment private accounts.
Americans eligible for Medicare would receive either a credit or payment to purchase a health insurance plan of their choice. Currently the government pays benefits directly.
Companies doing business abroad would be encouraged to return their profits to the U.S. with a one-time reduced tax of 5.25 percent. With this tax incentive, more than $1 trillion in profits is estimated would be returned to the U.S. This would create several million new jobs as the profits are invested in the U.S. The corporate rate would be reduced from the second highest in the world at 35 percent to a more competitive 20 percent.
By design the Perry plan would deeply cut tax rates and in turn this may lead to cuts in tax revenues. In order to avoid large deficits, where government spending outlays exceed tax revenues, the federal budget would need to be massively cut including discretionary spending and non-discretionary entitlement spending.
In terms of federal government spending, Perry would balance the budget in 2020, end all earmarks, reform entitlement spending for Social Security and Medicare, and limit government spending outlays to 18 percent of Gross Domestic Product (GDP). Perry would amend the Constitution to require balanced budgets.
Steve Forbes, who ran for the Republican presidential nomination in 1996 on a proposed 17 percent flat tax, is Perry’s chief adviser for the optional flat tax plan.
Club for Growth president, Chris Chocola, said “Rick Perry’s plan for tax reform would be massively pro-growth.”
Perry’s plan is already being compared and contrasted with his two leading rivals for the nomination, Herman Cain and Mitt Romney. Cain’s 9-9-9 tax reform plan would scrap the existing income tax code and replace it and payroll taxes with a flat 9 percent business tax, a flat 9 percent individual tax and a 9 percent national sales consumption tax on the sale of new goods and services.
Cain’s plan is a hybrid of both flat income taxes and a consumption tax. The 9-9-9 plan was designed to be a bridge to the FairTax, which is a national sales tax that would replace all federal income, payroll, capital gains, Alternative Minimum Tax, gift and estate taxes.
Romney has proposed a plan that would cut the tax rates for corporations and personal savings and investment. Romney would eliminate taxes on dividend, interest and capital gains for individuals earning less than $200,000. In the past, Romney has favored a flat tax provided it did not hurt the middle class.
Perry’s tax reform plan is positioned between the bolder Cain plan and the more modest Romney plan. Ron Paul has yet to explicitly disclose his own tax reform plan. Paul has stated he would eliminate the Internal Revenue Service (IRS), permanently close five departments and cut spending by $1 trillion in the first year. This would seem to indicate he might support the FairTax with a lower rate such as 20 percent or less, call it FairTax Less.
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If the Republican Party nominates either Mitt Romney or Rick Perry as their candidate, I will not vote for them and stay home.
Voting for the lesser of two progressive evils is still evil.
The only difference between a Progressive Democratic and a Progressive Republican is who gets paid off.
A plague on both political parties.
Obama is distracting the American people from his failed economic policies that have resulted in unemployment rates being above 8 percent for his entire administration by his American Jobs Act and Occupy Wall Street.
Perry is distracting the American people from his pro illegal immigration policies by his flat tax proposal.
Romney is distracting the American people from his four years as governor with his 25 years in businesss refrain, despite continually flip-flopping on the issues.
I will not vote for Obama, Perry or Romney.
I do not trust them.
All three have lied to the American people.
All three are progressive big government interventionists at home and abroad.
None of them are conservatives or libertarian in terms of their political philosophy.
Paul is a conservative libertarian that suported Ron Reagan when Reagan truly needed the support of the conservative base.
Ron Paul is the only candidate that is focused on the real problem, namely, out of control government spending with massive government deficits and debt.
Ron Paul wants to get rid of the IRS and Federal income taxation, cut government spending by $1 trillion and balance the budget.
I trust Ron Paul
I am voting for Ron Paul.
Time for Ron Paul to offer his own FairTax Less proposal with a 20 percent rate that would replace all other Federal income and payroll (Social Security and Medicare) taxes.
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“…Republican presidential candidate Rick Perry unveiled a sweeping economic agenda Monday, highlighted by a plan to level a voluntary 20 percent “flat tax” on all taxpayers who will accept it in place of what they’re paying now.
The plan, outlined in a Wall Street Journal op-ed column a day before the Texas governor was set to announce it in South Carolina, also calls for capping federal spending at 18 percent of the country’s GDP while allowing younger earners to privatize their Social Security accounts — a controversial proposal that echoes President George W. Bush’s failed 2005 attempt to overhaul the retirement program.
But the most significant feature of Perry’s plan is his call for a flat tax rate of 20 percent. Taxpayers who don’t want to pay a 20 percent flat income tax, he said, can keep their current rate.Current marginal income tax rates range from 10 percent to 35 percent, depending on taxpayers’ income. …”
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Blame the Fed for the Financial Crisis
The Fed fails to grasp that an interest rate is
a price, the price of time. Attempting to manipulate that price is as
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By Ron Paul
“…To know what is wrong with the Federal Reserve, one must first understand the nature of money. Money is like any other good in our economy that emerges from the market to satisfy the needs and wants of consumers. Its particular usefulness is that it helps facilitate indirect exchange, making it easier for us to buy and sell goods because there is a common way of measuring their value. Money is not a government phenomenon, and it need not and should not be managed by government. When central banks like the Fed manage money they are engaging in price fixing, which leads not to prosperity but to disaster.
The Federal Reserve has caused every single boom and bust that has occurred in this country since the bank’s creation in 1913. It pumps new money into the financial system to lower interest rates and spur the economy. Adding new money increases the supply of money, making the price of money over time—the interest rate—lower than the market would make it. These lower interest rates affect the allocation of resources, causing capital to be malinvested throughout the economy. So certain projects and ventures that appear profitable when funded at artificially low interest rates are not in fact the best use of those resources.
Eventually, the economic boom created by the Fed’s actions is found to be unsustainable, and the bust ensues as this malinvested capital manifests itself in a surplus of capital goods, inventory overhangs, etc. Until these misdirected resources are put to a more productive use—the uses the free market actually desires—the economy stagnates.
The great contribution of the Austrian school of economics to economic theory was in its description of this business cycle: the process of booms and busts, and their origins in monetary intervention by the government in cooperation with the banking system. Yet policy makers at the Federal Reserve still fail to understand the causes of our most recent financial crisis. So they find themselves unable to come up with an adequate solution.
In many respects the governors of the Federal Reserve System and the members of the Federal Open Market Committee are like all other high-ranking powerful officials. Because they make decisions that profoundly affect the workings of the economy and because they have hundreds of bright economists working for them doing research and collecting data, they buy into the pretense of knowledge—the illusion that because they have all these resources at their fingertips they therefore have the ability to guide the economy as they see fit.
Nothing could be further from the truth. No attitude could be more destructive. What the Austrian economists Ludwig von Mises and Friedrich von Hayek victoriously asserted in the socialist calculation debate of the 1920s and 1930s—the notion that the marketplace, where people freely decide what they need and want to pay for, is the only effective way to allocate resources—may be obvious to many ordinary Americans. But it has not influenced government leaders today, who do not seem to see the importance ofprices to the functioning of a market economy. …”
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“Blessed are the Peacemakers:” Ron Paul’s Christian Foreign Policy
Ron Paul: Don’t Allow Big Government to Determine Your Future!
Ron Paul on Freedom Watch 10/24/11
Ron Paul Campaign Youth Rally Speech, University Of Iowa — October 21, 2011
U.S. Foreign Policy Hurting Freedom, Economic Prosperity?
Background Articles and Videos
SA@TAC – What’s a ‘Neoconservative?’
SA@TAC – Wither the Neocons?
SA@TheDC – Confronting American Empire
SA@The DC – Ron Paul’s Reaganesque Foreign Policy
SA@TAC – Ronald Reagan: Isolationist
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Pronk Pops Shows 1-50, Podcasts or Download–Give It A Listen–Videos
Pronk Pops Show 50:October 19, 2011
Pronk Pops Show 49:October 12, 2011
Pronk Pops Show 48:October 5, 2011
Pronk Pops Show 47:September 28, 2011
Pronk Pops Show 46:September 21, 2011
Listen To Pronk Pops Podcast or Download Shows 49-50
Listen To Pronk Pops Podcast or Download Shows 45-48
Listen To Pronk Pops Podcast or Download Shows 41-44
Listen To Pronk Pops Podcast or Download Shows 38-40
Listen To Pronk Pops Podcast or Download Shows 34-37
Listen To Pronk Pops Podcast or Download Shows 30-33
Listen To Pronk Pops Podcast or Download Shows 27-29
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
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Give it a listen!
Pronk Pops Show 50
Pronk Pops Show 50, October 19, 2011
Segment 0: Ron Paul’s Economic Plan for Restoring America to Peace and Prosperity–Videos
For Additional Information and Videos:
Special Guest Interview: Stephen Levine: Chasing and Photographing Thunderstorms
Segment 1: Republican Presidential Candidate Debate in Las Vegas–Videos
For Additional Information and Videos:
Pronk Pops Show 49
Pronk Pops Show 49, October 12, 2011
Segment 0: Let a 1,000 Apples Bloom: Creating Unbelievable Products, Wealth and Jobs–Videos
For additional information and videos:
Segment 1: President Obama Beats 62 Year Record Held By Reagan: Unemployment Rate Over 8% For 32 Months and Over 9% For 27 Months!–Average Weeks Unemployed Hits All Time High of 40.5 Weeks!–Videos
For additional information and videos:
Pronk Pops Show 48
October 06, 2011 08:47 AM PDT
Pronk Pops Show 48, October 8, 2011
Segment 0: President Obama In Dallas Tuesday Oct. 4: Collecting Contributions For $1,000,000,000 Propaganda Campaign And Demanding His Jobs Bill Be Passed–More Taxes, More Spending, More Deficits, More Debt, More Unemployment–No Hope, No Change, No Jobs, No Thanks–”How’s That Hopey-Changey Stuff Working Out For Ya?”–Videos
For addition information and videos:
Segment 1: Gungate: What did you know and When Did You Know About Operation Fast and Furious And Project Gunrunner– Attorney General Holder and President Obama?
For addition information and videos:
Pronk Pops Show 47
September 28, 2011 04:57 PM PDT
Pronk Pops Show 47, September 28, 2011
Segment 0: Ron Paul On U.S. Foreign Policy–Mutually Assured Destruction vs Mutually Assured Respect –Videos
For additional information and videos:
Segment 1: Herman Cain Wins Florida Straw Poll: The Cain Mutiny–Videos
For additional information and videos:
Segment 2: Republican Presidential Debate, September 22, 2011–Videos
For additional information and videos:
Pronk Pops Show 46
September 21, 2011 04:29 PM PDT
Pronk Pops Show 46, September 21, 2011
Segment 0: Obama’s Solargate: Solyndra Stimulus Spending Cost Taxpayers An Estimated $535 Million–Crony Capitalism Campaign Contribution Corruption–Videos
For additional information and videos:
Segment 1: Eat The Rich!–Vote Obama In 2012 For More Spending, More Taxes, More Deficits, More Debt, More Unemployment, More Recession–No Hope–No Change–No Deal!–Videos
For additional information and videos:
Segment 2: Ron Paul On U.S. Foreign Policy–Mutually Assured Destruction vs Mutually Assured Respect –Videos
For additional information and videos:
Pronk Pops Show 45
September 16, 2011 12:33 PM PDT
Pronk Pops Show 45, September 14, 2011
Segment 0: Obama Proposes Tax Increases To Pay For Jobs/Stimulus Spending Package–Videos
For additional information and videos:
Segment 1: Republican Debate September 12, 2011–Tea Party–CNN–Videos
For additional information and videos:
Pronk Pops Show 44
September 08, 2011 10:22 AM PDT
Pronk Pops Show 44, September 7, 2011
Segment 0: Union Thug Hoffa Threatens To Take Out The Tea Party At Labor Day Rally–Obama “Proud” of Hoffa–Videos
For additional information and videos:
Segment 1: No Hope: Consumer Confidence Craters–No Change: Official Unemployment Rate Above 8% and Total Unemployment Rate Above 15% For Entire Obama Administration–Great Obama Recession Economy (GORE)–Videos
For additional information and videos:
Pronk Pops Show 43
August 31, 2011 03:19 PM PDT
Pronk Pops Show 43, August 31, 2011
Segment 0: Remembering The 9/11 First Responders–Videos
For Additional Information and Videos:
Segment 1: The Conference Board’s Consumer Confidence Index Craters: 59.2 In July To 44.5 In August–Lowest Since April 2009!
For Additional Information and Videos:
Segment 2: U.S. Economy On The Verge Of A Recession–Second Quarter GDP Growth Rate Revised Down From 1.3% to 1.0%–Bernanke Advocates Fiscal Stimulus–No QE3 For Now–Consumer Confidence Craters–Videos
For Additional Information and Videos:
Segment 3: Obama’s Approval Rating On Economy Hits New Gallup Poll Low Of 26%–Republican Presidential Candidates Romney, Perry, Paul and Bachmann Attack Obama’s Job Creation Record–Videos
For Additional Information and Videos:
Pronk Pops Show 42
August 24, 2011 03:25 PM PDT
Pronk Pops Show 42, August 24, 2011
Segment 0: Malcolm Gladwell–Outliers: The Story of Success–Videos
For additional information and videos:
Segment 1: Obama’s Approval Rating On Economy Hits New Gallup Poll Low Of 26%–Republican Presidential Candidates Romney, Perry, Paul and Bachmann Attack Obama’s Job Creation Record–Videos
For additional information and videos:
Pronk Pops Show 41
August 17, 2011 04:23 PM PDT
Pronk Pops Show 41, August 17, 2011
Segment 0: 2011 Iowa Straw Poll: Bachmann knocks off Pawlenty, Paul builds momentum, Perry crashes party—Show me the money!–Videos
For additional information and videos:
Segment 1: Beyond Top Tier–First In The Hearts and Minds Of The American People and Founding Fathers–The One–Ron Paul–Restoring Liberty, Peace and Prosperity–Videos
For additional information and videos:
Segment 2 : It’s Time For A Permanent, Pervasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos
For additional information and videos:
Pronk Pops Show 40
August 10, 2011 03:35 PM PDT
Pronk Pops Show, August 10, 2011
Segment 0: The Warfare and Welfare Economy Worsens With 30 Americans Killed and Over 45 Million Americans On Food Stamps–American People Want A Peace and Prosperity Economy–A Paycheck Not Food Stamps–Stop Out Of Control Spending On Government Interventions Abroad and At Home–Videos
For Additional Information and Videos
Segment 1: More GORE–Great Obama Recession Economy–Government Treasury Securities Downgraded From AAA to AA+ With A Negative Outlook By Standard & Poor’s Rating Agency–Too Little Too Late–The Austrian School of Economics Was Right!–Videos
For Additional Information and Videos
Pronk Pops Show 39
August 03, 2011 04:00 PM PDT
Pronk Pops Show 39, August 3, 2011
Segement 0: Will Tea Party Caucus Vote As A Block Against Democratic and Republican Establishment Compromise Bill On Raising National Debt Ceiling By $900 Billion, Adding Over $7,000 Billion To National Debt In The Next Ten Years Plus A Huge Tax Hike in 2013?–The American People Would Like To Know!–Videos
For Addition Information and Videos:
Segment 1: The Second Obama Recession Starts Or The Great Obama Depression Continues–The Growth Rate of Gross Domestic Product Declines For Four Consecutive Quarters–The Economy Has Peaked And Entered A Period Of Stagflation–Rising Prices, Unemployment And Obama Misery Index!–Ron Paul To The Rescue?–Videos
For Addition Information and Videos:
Pronk Pops Show 38
July 27, 2011 03:17 PM PDT
Pronk Pops Show 38, July 27, 2011
Segment 0: Tea Party Democrats, Republicans, and Independents Betrayed–Tell The Democratic and Republican Establishments To Balance The Budget and Cut The Debt Ceiling–Just Say No To Obama, Reid, Boehner and Ryan Unbalanced Budgets–Videos
For additional information and videos:
Segment 1: It’s Time For A Permanent, Prevasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos
For additional information and videos:
Pronk Pops Show 37
July 21, 2011 03:44 PM PDT
Pronk Pops Show 37, July 21, 2011, Part 1
Segment 0: President Obama Lies and Scares People On Social Security–Stop Spending and Balance The Budget!–Videos
For Additional Information and Videos
Pronk Pops Show 37, July 20, 2011: Segment 1: The American People’s Solution To Economic Stagnation: Increase National Debt Ceiling By $2,000 Billion To $16,300 Billion In Exchange For Passage of A Balanced Budget Amendment And The FairTax Bills And Repealing The Income Tax 16th Amendment To U.S. Constitution–A Balanced, Fair And Transparent Approach To Creating Jobs and Growing A Peace and Prosperity Economy–Videos
For Additional Information and Videos
Part 2 Segments 2, 3 and 4 will be broadcast next Wednesday, July 27, 2011 from 3-5pm and posted on Thursday, July 28, 2011
Pronk Pops Show 36
July 13, 2011 04:23 PM PDT
Pronk Pops Show 36, July 13, 2011
Segment 0: Lipstick On A Pig–Great Obama Depression– Deeper and Longer–Official U-3 Unemployment Rate Hits 9.2% In June 2011 With 14 Million Unemployed and Total Unemployment Rate U-6 Hits 16.2% With Over 24.8 Million Americans Seeking Full Time Job–Obama Is Not Working–2012–End An Error!–Fire Obama–Videos
For additional information and videos:
Segment 1: Gretchen Morgenson & Joshua Rosner–Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led To Economic Armageddon–Videos
For additional information and videos:
Segment 2: Jim Rogers, Peter Schiff, Marc Farber and Ron Paul On The National Debt Ceiling and Balancing The Budget–Videos
For additional information and videos:
Segment 3: Obama’s Gungate: Operation Fast and Furious–Arming Mexican Drug Cartels and Criminals–Killing American and Mexican Citizens–A Pretext For The Ultimate Aim of Disarming The American People and Repealing the Second Amendment–Department of Justice, Department of Homeland Security, FBI, BATFE, ICE and DEA Coverup and Stonewalling–Call For Special Prosecutor–President Obama and Attorney General Holder Should Be Impeached For Obstruction of Justice–Videos–Updated
For additional information and videos:
Segment 4: Ron Paul won’t seek re election for Congress–Why? Can You Say–President Ron Paul–Vote For A Committed and Principled Constitutionalist–The Peace and Prosperity Candidate For President–Ron Paul–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/07/13/pronk-pops-show-36-july-13-2011-segment-4-ron-paul-won%E2%80%99t-seek-re-election-for-congress%E2%80%93why-can-you-say%E2%80%93president-ron-paul%E2%80%93vote-for-a-committed-and-principled-const/?preview=true&preview_id=1406&preview_nonce=16c661faf2
Pronk Pops Show 35
July 06, 2011 03:44 PM PDT
Pronk Pops Show 35, July 6, 2015
Segment 0: The Meaning of Independence Day–Videos
For additional information and Videos:
Segment 1: The Legal Standard In A Murder Case: Prove It Beyond A Reasonable Doubt–Suspicion And Opinion Is Not Enough–Casey Anthony Murder Case–Not Guilty–Videos
For additional information and Videos:
Segment 2: George Bureau of Investigations Finds Atlanta School Teachers and Principals Cheating Scandal:Raised Students Scores On Tests –Government Corrupt Schools–
For additional information and Videos:
Segment 3: Obama’s Marxist Class Warfare On Millionaires and Billionaires–Tax The Job Creators–President’s Unbalanced Budget Would Result In A Big $1,100 Billion Deficit In Fiscal Year 2012–This Is Obama’s So-Called Balanced Approach–Obama Is Not Working–Fire Obama Right Now!–Videos
For additional information and Videos:
Pronk Pops Show 34
June 29, 2011 03:38 PM PDT
Pronk Pops Show 34, June 29, 2011
Segment 0: Sexist Elitist Chris Wallace Asks Michele Backmann Are You A Flake?–Chris, Are You A Wimp?–Videos
For additional information and videos:
Segment 1: Is Ron Paul An Isolationist–No–He Is For Free Trade and A Nonterventionist Foreign Policy–Are The NeoCons Warmongers–Yes–Aggressive Interventionist Foreign Policy–Empire or Nation Building!–Videos
For additional information and videos:
Segment 2: Cut, Cap, And Balance Pledge–The Washington D.C. Howdy Doody Debt Ceiling Show–“Say Kids What Time Is It?”–Howdy Doody Time–Fiscal Year 2020 Balanced Budget Time–Not Serious–Send In The Clowns–There Already There!– Videos
For additional information and videos:
Pronk Pops Show 33
June 22, 2011 03:21 PM PDT
Pronk Pops Show 33, June 22, 2011
Segment 0: Jon Huntsman Launches 2012 Candidacy for President At Liberty Park–Should Become A Democrat Like John V. Lindsay And Run Against President Obama in 2012!–Videos
For additional information and videos:
Segment 1: Republican Candidates For President Romney, Cain, and Johnson Refuse To Sign Pro-Life Citizen’s Pledge–While Sarah Palin’s Trig’s Creator E-Mail Moves Millions–Videos
For additional information and videos:
Segment 2: Rick Perry/Sarah Palin Republican Establishment Candidate Ticket vs. Ron Paul/Michele Bachmann Republican Constitutional Candidate Ticket for the 2012 Presidential Race–Videos
For additional information and videos:
Segment 3: The Next President Of The United States Tells Truth To Power At Republican Leadership Conference–Great Speech!
For additional information and videos:
Segment 4: Bloomberg Poll Bad News For Obama–Only 30% Certain They Will Vote For Obama in 2012!–66% Think Country On The Wrong Track!–Videos
For additional information and videos:
Pronk Pops Show 32
June 15, 2011 03:10 PM PDT
Pronk Pops Show 32, June 15, 2011
Segment 0: Money, Organization, Message, Momentum, Ambition–MOMMA–You Need MOMMA To Win A Presidential Race!–Videos
For Additional Information and Videos:
Segment 1: Republican Presidential Debate In New Hampshire June 13, 2011–American People The Winner–Obama The Loser–Videos
For Additional Information and Videos:
Segment 2: The Political Issues of 2012 Elections: #1–Unemployment–Jobs, #2–Government Spending–Balanced Budgets, #3-Tax Reform–The FairTax, #4-Inflation–End The Fed, #5-Wars–Bring The Troops Home–Videos
For Additional Information and Videos:
http://pronkpops.wordpress.com/2011/06/15/pronk-pops-show-32-june-15-2011-
segment-2-1-the-issues-unemployment-jobs-2-government-spending-balanced-budgets-3-tax-reform-the-fairtax-4-inflation-end-the-fed-5-wars-bring-the-t/?preview=true&preview_id=1183&preview_nonce=577da72775
Segment 3: Pronk Presidential Prediction–The Winner Is?–The American People!–Videos
For Additional Information and Videos:
Pronk Pops Show 31
June 08, 2011 03:17 PM PDT
Pronk Pops Show 31: June 8, 2011
Segment 0: ENTJ–Know Thyself–This above all: to thine own self be true–Videos
For additional information and videos:
Segment 1: A Breach of Public Trust–Hound Dogs–Clinton, Weiner, and Obama–Notorious Habitual Liars–Wake Up–Start A Revolution–Ron Paul–Videos
For additional information and videos:
Segment 2: June 2011–Unemployment Situation Worsens–9.1% Official Unemployment Rate (U-3) with 13,900,000 Unemployed and 15.8% Total Unemployment Rate (U-6) With 24,283,000 Americans Looking For Full Time Jobs!–Great Obama Depression (GOD)!–Videos
For additional information and videos:
Pronk Pops Show 30
June 02, 2011 01:26 PM PDT
Pronk Pops Show, June 2, 2011
Segment 0: The Facebook Effect–Videos
For additional information and videos:
Segment 2: Paul Allen–Idea Man: A Memoir By The Cofounder of Microsoft–Videos
For additional information and videos:
Segment 3: Last Dance For Love–Congress Blocks Debt Limit Hike–For Now–Who Is The Political Class Fooling–Bring The Troops and Jobs Home and Send The Bureaucrats and Big Spenders Home–Save Medicare and Social Security–Hot Stuff–Videos
For additional information and videos:
Pronk Pops Show 29
May 26, 2011 01:12 PM PDT
Pronk Pops Show 29, May 26, 2011
Segment 1: Herman Cain–The Tea Party Movement Candidate–Running On Cutting Spending, Opposing Higher Debt Ceiling, Enforcing Immigration Laws, Defunding Planned Parenthood, Nominating Pro Life Judges, And Passing The FairTax–Common Sense Solutions!–Videos
For additional information and videos:
Segment 2: Taxman Obama’s Hidden Tax Increase On The Rich That Results In Fewer Jobs And Lower Economic Growth vs. Ryan’s Long and Winding Road To Economic Stagnation vs. Senators Lee, DeMint and Paul’s Stairway To Peace and Prosperity With A Balanced Budget!–Videos
For additional information and videos:
Segment 3: Israeli Prime Minister Benjamin Netanyahu Addresses Congress–A Lesson In Leadership–Videos
For additional information and videos:
Segment 4: Memo To Washington Republican Party Establishment–You Are Not Listening To The American People–Read Our Lips–“Cut Spending and Balance The Budget Starting With Fiscal Year 2012”–Videos
For additional information and videos:
Pronk Pops Show 28
May 18, 2011 04:26 PM PDT
Pronk Pops Show 28, May 18, 2011
Segment 1: Segment 1: Newt Gingrich Running For President As A Big Government Interventionist Republican Progressive aka Green “Compassionate” Conservative?–Favors Individual Health Care Mandates While Attacking Paul Ryan As A Right Wing Radical Social Engineer For Proposing A Premium Support or $15,000 Voucher System To Save Medicare From Bankruptcy!–Videos
For additional information and videos:
Segment 2: Leave It To Beaver–Newt Gingrich–The Beaver Puppet of The Republican Washington D.C. Establishment Political Class With It Social Engineered Warfare and Welfare Economy with A $3,500 Billion Unbalanced Budget For Fiscal Year 2012 with Nearly $1,000 Billion In Deficit Spending!–Videos
For additional information and videos:
Segment 3: Ron Paul Running For President Of The United States in 2012–It Is Official–The Third Time Is The Charm!–Videos
For additional information and videos:
Segment 4: Ron Paul Is Running For President of The United States In 2012!–The Third Time Is The Charm–A Man Of Integrity–A Candidate For Peace and Prosperity–Neither A Big Government Warfare Republican Nor A Massive Government Welfare Democrat–A Man Of And For The American People–A Tea Party Patriot–Ron Paul–Videos
Pronk Pops Show 27
May 11, 2011 10:13 AM PDT
Pronk Pops Show 27, May 10, 2011
Segment 1: Bureau of Labor Statistics Official Unemployment Rate (U-3) Increased To 9.0% With 13.7 Million Americans Unemployed and Total Unemployment Rate (U-6) Increased To 15.9% With 24.4 Million Americans Seeking Full Time Job–Economy Adds 244,000 Jobs But Initial Unemployment Claims Hit Eight Month High of 474,000!–Videos
For additional information and videos:
Segment 2: OMI-Obama Misery Index–U.S. Misery Index Is Rising As Both The Unemployment Rate and Inflation Rate Increase!–Videos
For additional information and videos:
Segment 3: Segment 3: Speaker Boehner’s Address to the Economic Club of New York on Jobs, Debt, Gas Prices–Videos
For additional information and videos:
Pronk Pops Show 26
Pronk Pops Show 26, May 5, 2011
Segment 1: How Did Bin Laden Bankrupt America?–Was Osama Bin Landen Executed For Bankrupting America?–Yes, President Obama Wants The Credit For Bankrupting America!–Videos
For additional information and videos:
Segment 2:Segment 2: President Obama Is The Reason Your Gasoline Prices Are Going Up!–American People Favor Drilling For Oil and Gas!–Drill Baby Drill–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/05/03/pronk-pops-show-26-may-3-2011-segment-2/
Pronk Pops Show 25
April 27, 2011 11:28 AM PDT
Pronk Pops Show 25, April 26, 2011
Segment 0: Eva Cassidy–A Singer’s Singer
Segment 1: Ron Paul Is Running For President of The United States In 2012!–The Third Time Is The Charm–A Man Of Integrity–A Candidate For Peace and Prosperity–Neither A Big Government Warfare Republican Nor A Massive Government Welfare Democrat–A Man Of And For The American People–A Tea Party Patriot–Ron Paul–Videos
For additional information and videos:
Segment 3: President Obama Is The Reason Your Gasoline Prices Are Going Up!–American People Favor Drilling For Oil and Gas!–Drill Baby Drill–Videos
For additional information and videos:
Pronk Pops Show 24
Pronk Pops Show 24: April 19, 2011
Segment 0: S&P Rating Outlook Changed From “Stable” To “Negative” For U.S. Treasury Debt–Videos
Segment 1: Who is John Galt? Who is Ayn Rand–Videos
For additional information and videos:
Segment 2: President Obama’s Fiscal Year 2012 Budget Speech Of April 13, 2011–Eat The Rich And Killing The American Dream Class Warfare–Cuts National Security Spending and Raise Taxes On The Rich–Produces Massive Deficits, National Debt, and Higher Unemployment For 12 More Years–Progressive Radical Socialist Economic Stagflation–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/04/18/pronk-pops-show-24-april-18-2011-segment-2-president-obamas-fiscal-year-2012-budget-speech-of-april-13-2011-eat-the-rich-and-killing-the-american-dream-class-warfare-cuts-national-security-sp/
Segment 3: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 23
Pronk Pops Show 23: April 12, 2011
Segment 0: Sidney Lumet–Rest In Peace–Videos
Segment 1: Tea Party Movement Demands Passage of Balanced Budget Amendment and The FairTax As The Price For Raising The National Statutory Debt Limit of $ 14,294,000,000 One Last Time By $1,000,000,000,000!–Videos
For additional information and videos:
Segment 2: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 22 (Part 2)
Pronk Pops Show 22, April 7, 2011
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 22 (Part 1)
Pronk Pops: Show 22, April 7, 2011
Segment 0: Glenn Beck Ending His Show At Fox News
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 21
Pronk Pops Show 21, March 29, 2010
Segment 1: The Truth And Consequences About Undeclared Wars–Real Strange Bedfellows–Obama Allies U.S. with Libyan Rebels Including Islamic Jihadists, Moslem Brotherhood, and Al-Qaeda!–Give Peace A Chance–AC-130 Gunship–A-10 Warthogs–F-15E Strike Eagles and Special Operation Smash Squads
For Additional Information and Videos:
Pronk Pops Show 20
Pronk Pops Show 20: March 22, 2011
Segment 1:F-15 Crashes In Libya
Segment 2
ne Unconstitutional and Undeclared War Too Many: The Great Pretender, Peace Candidate And Noble Peace Prize Winner, President Barack Obama Undeclared War On Libya’s Muammar Ghaddafi In Defense Of Libyian Islamic Fighting Group (LIFG) Rebels Linked To al-Qaeda and The BP Libyian Oil Deal Linked To Obama Campaign Contributions–A Political Payoff!–Obama Has To Go In 2012–Videos
Segment 3:Earthquake Damages Japanese Nuclear Plant At Fukushima Daiichi, Four Explosions and Four Nuclear Reactors Flooded With Seawater To Contain Release Of Radioactive Material and Plant Released Radioactive Materials To Stop Pressure Buildup–Partial Meltdown Of Nuclear Core Feared–Radioactive Material Escaping From Plant–Over 250,000 Ordered Evacuated From 20 Kilometer (12.4 Miles) Radius From Plant–Videos
For Additional Information and Videos:
Pronk Pops Show 19
Pronk Pops Show 19: March 8, 2011
Segment 1: The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos
Segment 2, Gallup–U.S. Unemployment Hits 10.3% In February 2011 Vs. Bureau of Labor Statistics (BLS) U.S. Unemployment Rate Declined By .1% To 8.9% in February 2011 With Job Creation of 192,000 In February 2011–Over 13.7 Million Americans Unemployed More Than Worse Month of Great Depression!
For more information and videos related to this show click on links below:
Pronk Pops Show 18
Pronk Pops Show 18: March 3, 2011
Segment 1: Remembering The Brooklyn Dodgers and Duke Snider
Segment 2: The National Debt Will Hit $20,000,000,000,000 By 2020!
Segment 3 Public Sector Unions vs. The America People: Replacing The American Dream With The Socialist Union Nightmare
For additional information and videos on the above segments:
Pronk Pop Show 17
Pronk Pops Show 17: February 22, 2011
Black History Month–Progressives–Eugenics–Black Population Control–Abortion–Black Genocide–Planned Parenthood–Barack Obama
For more information and videos relating to the show:
Pronk Pops Show 16
Pronk Pops Show 16: February 15, 2011
Conservative Political Action Conference 2011
President Obama’s Saint Valentine’s Massacre of The American People–Fiscal Year 2012 Budget Buster–Spending $3,729 Billion–Taxes $2,627 Billion–Deficit $1,101 Billion–Dead On Arrival–DOA– 3 Million Tea Party Patriots To March On Washington D.C. On Friday, April 15, 2011 In Protest!
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Pronk Pops Show 15: Hour 3
Pronk Pops Show 15:February 8,2011, Hour 3
Lies, Damn Lies, Statistics, and Obama’s Unbelievable Unemployment Numbers
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Pronk Pops Show 15: Hour 2
Pronk Pops Show 15: February 8, 2011 Hour 2
Rolling Power Outages in Texas
Obama Care Declared Unconstitutional and Void By Federal Judge
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Pronk Pops Show 15: Hour 1
Pronk Pops Show 15: February 8,2011, Hour 1
Super Storm and Super Bowl In Dallas, Texas
Man-Made Carbon Dioxide Emission and Global Warming–Science vs. Politics
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Pronk Pops Show 14
Pronk Pops Show 14: January 27, 2011
The Big Lie and Free Speech
President Obama’s State of the Union Campaign Speech
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Pronk Pops Show 13
Pronk Pops Show 13: December 9, 2010
Latest News Update on WikiLeaks
Federal Reserve Unconventional Monetary Policy
President Obama and Republicans Agree To Two Year Tax Rate Extension and
One Year Unemployment Benefit Extension–More Deficit Spending and Debt!
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Pronk Pops Show 12
Pronk Pops Show 12: December 8, 2010
News Update On WikiLeaks and Julian Assange
The Chairman of The Federal Reserve and Quantitative Easing 2
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Pronk Pops Show 11
Pronk Pops Show 11: December 3, 2010
News and Commentary On November 2010 Unemployment Rate and Level Statistics
WikiLeaks
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Pronk Pops Show 10
Pronk Pops Show 10: December 1, 2010
Update on new TSA Airport Screening Procedures
Portland, Oregon Terrorist Bomber Arrested by F.B.I.
WikiLeaks Posts Department of State Cables
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http://pronkpops.wordpress.com/2010/11/24/pronk-pops-show-10-november-24-2010-food-prices-rising-fairtax-updates-on-tsa-and-quantitative-easing-money-printing-videos/
Pronk Pops Show 9
Pronk Pops Show 9: November 19, 2010
Federal Reserve Chairman Bernanke Responds To Critics of Monetary Policy
Transportation Security Administration or TSA New Screening Procedures:
Full Body Scanners and Extended Pat-Downs
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Pronk Pops Commentary 1
Pronk Pops Commentary 1: November 11, 2010
Stop Federal Reserve Quantitative Easing or Money Printing
Pronk Pops Show 8
Pronk Pops Show 8: November 10, 2010
Tea Party Major Issues: Jobs, Spending, Deficits, Debt, Taxes, Health Care and Illegal Immigration
Tea Party Stars: Senators: Rand Paul and Marco Rubio
Republican Tea Party Test: Cutting Federal Spending By Over $1,000 Billion To Balance The Budget For Fiscal Years 2011, 2012, and 2013.
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Pronk Pops Show 7
Pronk Pops Show 7: November 9, 2010
Unemployment News
Tea Party Effect On 2010 Elections
Key Issues: Federal Budget Deficits and National Debt
Cutting Federal Government Spending and Balancing The Federal Budget
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Pronk Pops Show 6
Pronk Pops Show 6: November 3, 2010
Winning Elections With MOMMA (Money, Organization, Message, Momentum, Ambition) and The Tea Party Movement Effect
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Pronk Pops Show 5
Pronk Pops Show 5: October 27, 2010
Democratic Party’s National Attack Ad Campaign on Candidates and the Flat Tax
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Pronk Pops Show 4
Pronk Pops Show 4: October 20, 2010
Money, Quantitative Easing and Inflation in the United States Economy
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Pronk Pops Show 3
Pronk Pops Show 3: October 14, 2010
Unemployment and inflation in the United States economy
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Pronk Pops Show 2
Pronk Pops Show 2: October 13, 2010
The 10:10 carbon emission ad campaign on climate change
http://www.youtube.com/watch?v=wliC2Eiwoyw
Secretary of State Hillary Clinton replacing Vice President Joseph Biden on the 2010 Democratic Party ticket
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Pronk Pops Show 1
Pronk Pops Show 1: September 29, 2010
University of Texas at Austin shooting/suicide
The Tea Party Movement in the United States
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Give it a listen!
Pronk Pops Show 50:October 19, 2011
Pronk Pops Show 49:October 12, 2011
Pronk Pops Show 48:October 5, 2011
Pronk Pops Show 47:September 28, 2011
Pronk Pops Show 46:September 21, 2011
Listen To Pronk Pops Podcast or Download Shows 49-50
Listen To Pronk Pops Podcast or Download Shows 45-48
Listen To Pronk Pops Podcast or Download Shows 41-44
Listen To Pronk Pops Podcast or Download Shows 38-40
Listen To Pronk Pops Podcast or Download Shows 34-37
Listen To Pronk Pops Podcast or Download Shows 30-33
Listen To Pronk Pops Podcast or Download Shows 27-29
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Give it a listen!
Read Full Post | Make a Comment ( None so far )Ron Paul’s Economic Plan for Restoring America to Peace and Prosperity–Videos
Pronk Pops Show 50:October 19, 2011
Pronk Pops Show 49:October 12, 2011
Pronk Pops Show 48:October 5, 2011
Pronk Pops Show 47:September 28, 2011
Pronk Pops Show 46:September 21, 2011
Pronk Pops Show 45:September 14, 2011
Pronk Pops Show 44:September 7, 2011
Listen To Pronk Pops Podcast or Download Shows 49-50
Listen To Pronk Pops Podcast or Download Shows 45-48
Listen To Pronk Pops Podcast or Download Shows 41-44
Listen To Pronk Pops Podcast or Download Shows 38-40
Listen To Pronk Pops Podcast or Download Shows 34-37
Listen To Pronk Pops Podcast or Download Shows 30-33
Listen To Pronk Pops Podcast or Download Shows 27-29
Listen To Pronk Pops Podcast or Download Shows 22 (Part 2)-26
Listen To Pronk Pops Podcast or Download Shows 16-22 (Part 1)
Listen To Pronk Pops Podcast or Download Shows 10-15
Listen To Pronk Pops Podcast or Download Shows 1-9
Black THIS Out – Ron Paul 2012!
Dr. Ron Paul: Protect Life, Protect Liberty
Ron Paul Explains Plan to Restore America on Meet the Press
Ron Paul Ad – Plan
New Ron Paul Ad: A Veteran With a Plan – Secure The Borders
Ron Paul Preserve Social Security Benefits, Cut Foreign Spending, End Wasteful Agencies
Ron Paul Plan To Restore A
Ron Paul – Because Of Overseas Spending Last 10 Years Our National Debt Went Up 4 Trillion Dollars!
Ron Paul predicted economic collapse in presidential debates!
Ron Paul Interview on Cavuto Fox News 10/18/2011
Ron Paul on The Sean Hannity Show – 10/18
Ron Paul Restoring American Plan on CNBC
Ron Paul Could Win the GOP Nomination!
Ron Paul 2012: The New Revolution of America
Ron Paul Wins Values Voter Summit Presidential Straw Poll
Ron Paul: Stop Dreaming
My choice for president is Ron Paul. Why? The American people are asking three important questions of all the candidates. Can I trust this candidate? Was the candidate right on the economic issues in the past? Does the candidate know what needs to be done to get America growing and working again? For Paul the American people find the answers to these questions to be yes.
I greatly respect the character, honesty and integrity of Paul. As an economist and former financial advisor, I am equally impressed that Paul not only predicted the recent financial crisis, he understood its’ causes. In an article entitled Predictions, dated April 26, 2002, Paul said, “In the next decade the American people will become poorer and less free, while they become more dependent on the government for economic security.” He knows what needs to be done to lead the U.S. economy back to high rates of economic growth and employment–reduce the size and scope of the federal government.
Source: Budget of the United States Government, Fiscal Year 2011, Historical Table 1.2
In just three years, President Barack Obama and the Democratic Party-controlled House and Senate ran up massive budgetary deficits and debt totaling more than $4 trillion. The United States is broke. The American people are searching for a fiscally responsible president that will balance the government’s budget and establish the necessary economic conditions for the creation of more than 30 million full-time jobs.
Federal government spending outlays are largely for warfare and welfare entitlements. This spending encourages businesses and individuals to become dependent upon the government for contracts and handouts. From less than 3 percent of the Gross Domestic Product prior to 1930, federal government spending outlays have increased in percentage terms by more than eight-fold to more than 24 percent of GDP.
On Oct.17 in Las Vegas, the day before the Republican debates, presidential candidate Ron Paul unveiled his economic “Plan to Restore America” to peace and prosperity by limiting the size and scope of the federal government. Paul would stop foreign wars and bring the troops home from Afghanistan and Iraq, eliminate all foreign aid, reduce the federal government’s budget by $1 trillion in the first year, abolish all corporate subsidies, reduce the federal labor force by 10 percent and permanently close the Departments of Commerce, Education, Energy, Interior, and Housing and Urban Development. For most of the remaining departments, their budget outlays would be frozen. The federal budget would be balanced in three years in fiscal year 2015.
Paul would also shut down the Transportation Security Agency (TSA), currently part of the Department of Homeland Security, both of which were created after the 9/11 terrorist attacks. The airlines would have the responsibility for security and screening passengers that are boarding their aircraft.
In the tax policy area, Paul would extend the Bush tax rate cuts, eliminate estate taxes, allow U.S.companies operating abroad to repatriate their capital without additional taxation and reduce the highest corporate tax rate in the world from 35 percent to a more competitive 15 percent. Paul wants to reform the existing income tax code by going to a much simpler and fairer tax system. He would eliminate the Internal Revenue Service (IRS).
In the past, Paul has indicated his support for the FairTax. This tax reform proposal would eliminate the IRS and replace all federal income taxes including the corporate, personal, payroll (Social Security and Medicare), capital gains, alternative minimum, gift and estate taxes with one broad-based national retail sales consumption tax on the sale of all new goods and services. The FairTax has a progressive tax refund feature called a prebate. Every month, each American citizen including children would receive from the federal government a prebate to pay for the upcoming month’s sales tax on life’s necessities such as food and clothing.
If the personal income tax is eliminated, how does Paul’s plan pay for the federal government? A 15 percent corporate income tax and payroll taxes would simply not bring in enough revenues to pay for an even down-sized federal government.
Recently, Paul indicated that he is against Herman Cain’s 9-9-9 tax reform plan, particularly the proposed new national sales tax. Under Cain’s plan, the existing income and payroll taxes would be eliminated and replaced with a flat 9 percent business income tax, a flat 9 percent personal income tax, and a 9 percent national sales tax. Cain argues that his proposal is a bridge to the eventual passage of the FairTax.
Is Paul still in favor of the FairTax? If the answer is no, then how would Paul’s plan pay for government spending or outlays exceeding corporate income and payroll tax revenue or receipts? Paul’s plan does not answer this question. I hope Paul again reiterates his support of the FairTax. Paul could come out with a modified FairTax proposal, call it FairTax Less, where the actual FairTax tax rate declines each year as government becomes smaller and the budget is balanced.
Those already receiving Social Security, Medicare and veteran entitlements or approaching qualification for these programs will not be affected.The plan honors the promises the federal government has made to seniors and veterans. However, Paul provides those younger than 25 with the option to leave these programs. This is a very popular option with the young, as well as many Americans that would also like this option.
Paul calls for a full audit of the Federal Reserve System, the U.S. central bank. However, his proposal does not call for ending the Fed. The proposal does support legislation that would permit competing currencies to stabilize inflation and strengthen the purchasing power of the dollar.
Like most of the other Republican candidates for president, Paul would immediately repeal both the Patient Protection and Affordable Care Act, better known as Obama Care, and the Dodd–Frank Wall Street Reform and Consumer Protection Act, which would add several more regulatory agencies and hundreds of regulatory rules.
Small and medium-size businesses and community banks have pointed to these two new laws as creating massive business uncertainty and higher business costs that will be paid for by the consumer. Businesses are not growing and creating enough jobs each month to reduce the unemployment rate below 9 percent. Today, more than 25 million Americans are searching for a full-time job.
Paul would also repeal the Sarbanes-Oxley Act, which was passed in 2002. The law is considered by many as a very costly intrusion into corporate management. Sarbanes-Oxley has not prevented fraud but has dramatically reduced the number of new public companies created and putU.S.companies at a competitive cost disadvantage with foreign companies.
The Plan to Restore America does differentiate Paul from the other Republican presidential candidates for having a very specific plan to cut government spending and balance the budget. The Republican Party establishment candidates, Mitt Romney and Rick Perry, will be hard pressed to come up with a comparable plan.
Instead, they and their cheerleaders in the party establishment and media will first ignore the economic plan, and then attack it. Yet, the fiscal year 2012 Republican House Budget has an estimated deficit of about $1 trillion and will not balance until the late 2030s. Both the Republican Party and Obama’s Democratic Party proposed budgets for fiscal year 2012 which are fiscally irresponsible, with estimated deficits of $1 trillion to $1.2 trillion.
The Tea Party will cheer Paul’s plan and most likely vote for him. Many Democrats, Republicans and independents who are searching for a job and a fiscally responsible president will vote for him. Paul now needs to break into the national polls with the same impressive numbers he has received in many straw polls he has won across the nation. Once this happens, he will be the front-runner.
Paul has money, organization, message, momentum, and ambition or MOMMA. The only open question is, does he have enough of each to win the nomination. I think he does. By mid-March the only candidates in serious contention for the presidential nomination will be the Republican establishment candidate, Mitt Romney and the Republican constitutional candidate, Ron Paul.
Read Full Post | Make a Comment ( None so far )Rush Limbaugh Backs Ron Paul Plan To Save The American Republic!–Videos
Rush Limbaugh: Ron Paul’s Economic Plan Can Save The Country
Ron Paul Ad – Life
Ron Paul Conviction Ad
Background Articles and Videos
Less Government, More Prosperity
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Ron Paul–Republican Debate-September 22, 2011–Fox News And Google–Videos
Republican Debate–September 22, 2011–Fox News and Google–Videos
Republican Debate September 12, 2011–Tea Party–CNN–Videos
Ron Paul Responds To Barack Obama’s Jobs Speech–Videos
Ron Paul Highlights in 9/7/2011 Presidential Debate–Videos
Read Full Post | Make a Comment ( None so far )A Great and Brilliant Speech By A Young Ron Paul Supporter To Occupy Wall Street Collectivists–Videos
Occupy Wall Street Protestor on Federal Reserve
Help this video go viral by watching it on YouTube and passing it along to family and friends.
Thanks.
If You Believe in The Sanctity of Life And Liberty–Please Consider Voting For Ron Paul–Videos
Dr. Ron Paul: Protect Life, Protect Liberty
Ron Paul on Abortion
Ron Paul on Abortion
Ron Paul on Abortion and Stem Cell Research
Ron Paul: The Only One We Can Trust
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Republican Party Debates–October 11, 2011–Bloomberg / Washington Post–Videos
Full Bloomberg / Washington Post GOP Debate in New Hampshire (Ron Paul Wins!)
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 1
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 2
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 3
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 4
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 5
Dartmouth College/Bloomberg Republican Presidential GOP Debate Oct. 11th, 2011 – Part 6
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Ron Paul Highlights–Republican Party Debates–October 11, 2011– Bloomberg/Washington Post–Videos
Ron Paul Highlights – Bloomberg/Washington Post GOP Debate
Herman Cain Lies to Ron Paul’s Face About the Federal Reserve at GOP Debate
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Republican Debate–September 22, 2011–Fox News and Google–Videos
Republican Debate September 12, 2011–Tea Party–CNN–Videos
Ron Paul Responds To Barack Obama’s Jobs Speech–Videos
Ron Paul Highlights in 9/7/2011 Presidential Debate–Videos
Ron Paul Attack Ad On Rick Perry Hits the Bull’s Eye–Rick Perry A Cheerleader for Al Gore–Videos
Ron Paul The Constitutionalist Candidate vs. Mitt Romney The Establishment Candidate–Videos
Ron Paul On The Neoconservative Threat To The Constitution, Freedom, Peace and Prosperity–Videos
Ron Paul Gaining Momentum–Videos
Beyond Top Tier–First In The Hearts and Minds Of The American People and Founding Fathers–The One–Ron Paul–Restoring Liberty, Peace and Prosperity–Videos
Ron Paul On The Federal Reserve Board’s Decision To Keep Interest Rates Low For Next Two Years Resulting In The Devaluing And Destruction Of The U.S. Dollar!–Videos
Ron Paul Defender of Freedom–The Youth and Professional Soldiers Choice For President Of The United States–The Peace and Prosperity Candidate–Campaign for Liberty–Videos
Real Hope–Real Change–Ron Paul–The Peace and Prosperity Constitutional Candidate For President of The United States in 2012
Ron Paul won’t seek re election for Congress–Why? Can You Say–President Ron Paul–Vote For A Committed and Principled Constitutionalist–The Peace and Prosperity Candidate For President–Ron Paul–Videos
Read Full Post | Make a Comment ( None so far )Let a 1,000 Apples Bloom: Creating Unbelievable Products, Wealth and Jobs–Videos
On April fool’s day 1976, Steve Jobs and his friend Steve Wozniak founded Apple Computer.Over the next 35 years, Apple shipped many successful and not so successful products. However, it was not until the return of Apple’s visionary and inspiring founder Jobs, in 1996, that the company experienced its greatest period of growth and success in the marketplace.
Apple introduced several bestselling products including the iMac, iPod, iPhone, iBook and iPad. Apple started shipping the iPhone 4S, the fifth generation of the iPhone, on October 14. Consumer demand for this touchscreen slate smartphone was described by AT&T as “extraordinary.” Apple’s success was based on the ability to define and dominate new markets including mobile phones, personal tablets and portable music players and legal downloads.
Apple’s success in selling products that are unbelievably popular with consumers has resulted in the creation of wealth and jobs. In May 2010, Apple’s market capitalization or the value of its outstanding stock edged past its longtime rival Microsoft by more than $3 billion for the first time. Last June, Apple’s market value of $317.6 billion exceeded the combined market value of Intel at $115.2 billion and Microsoft at $201.6 billion. As of September, Apple was the largest publicly traded company by market capitalization in the world.
The company has grown from a two-person startup in 1976 to more than 50,000 employees today. Serious investors in a company such as Apple invariably read and analyze its annual reports and Form 10-K filings with the Securities and Exchange Commission (SEC). The importance of the many thousands employees who work for Apple is captured in a single short section contained in Apple’s 2010 filling with the SEC under the headline:
“The Company’s success depends largely on the continued service and availability of key personnel.
Much of the Company’s future success depends on the continued availability and service of key personnel, including its CEO, its executive team and highly skilled employees in technical, marketing and staff positions. Experienced personnel in the technology industry are in high demand and competition for their talents is intense, especially in the Silicon Valley, where most of the Company’s key personnel are located. There can be no assurance that the Company will continue to attract and retain key personnel.”
Steve Jobs died on October 5, after an eight-year battle with pancreatic cancer.
Jobs will be remembered most for the great products Apple provided consumers. He will also be remembered by the past and current employees of Apple who benefited directly from the wealth and opportunities that Apple produced under his visionary and inspiring leadership.
Very few companies are as successful and huge as Apple and even fewer last 100 years. Only time we tell whether Steve Job’s vision for great products will continue into the future.
Today with more than 25 million Americans seeking full time employment, what America truly needs is to let 1,000 Apples bloom. Jobs would say that would be “huge” and “unbelievable” for “mere mortals” and “wouldn’t it be great.” “Pretty cool, huh.”
Steve Jobs’ 2005 Stanford Commencement Address
Steve Jobs and Bill Gates Interviewed together at the D5 Conference (2007)
Apple Music Event 2001-The First Ever iPod Introduction
iPhone – Learn how to Use an Iphone
iPhone 4 unveiled
Apple iPad: Steve Jobs Keynote Jan 27 2010 Part 1
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Why The Conservative and Libertarian Base Will Not Vote For Republican Party Establishment Candidate Mitt Romney–The Great Flip Flopper–Video
Mitt Romney explains why Obama Prefers a Romney Candidacy in 2012
Rush – Mitt Romney Gets Big Endorsement Because he Supports The Hoax Of Man Made Global Warming
Mitt’s Flips: Freddie & Fannie
Flip-Flopper Disease: Why The GOP Won’t Pick Lying Mitt Romney as 2012 Frontrunner
There are three reasons the conservative and libertarian base will not vote for Mitt Romney:
-
Romney is not a conservative or a libertarian; he is a progressive or liberal Republican–Republican In Name Only (RINO).
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Romney is not principled; he is a flip-flopper on many issues.
-
Romney is not trusted.
Should Romney get the Republican nomination, millions of conservatives, libertarians, tea party patriots, and independents will just stay home.
The result will be Obama gets relected and the Republicans will have majorities in the House and Senate.
Gridlock.
People Don’t Understand The Power Of Ron Paul–Especially The Mainstream Media–The American People Are Listening–Videos
People Don’t Understand The Power Of Ron Paul!
Who Cares That RON PAUL Wins Straw Polls? – LOL
Ron Paul’s Message to Occupy Wall Street. LETS END THE FED!
For Liberty Re-cut – Ron Paul 2012 Handout DVD HD
In late 2009 we released a feature-length grassroots documentary entitled, “For Liberty: How the Ron Paul R3volution Watered the Withered Tree of Liberty”. Since then, we’ve been inundated with positive feedback from people all over the world who have viewed the film, and were inspired by Ron Paul’s message of Freedom and Liberty. As independent filmmakers, we’ve been humbled by the response.
Soon after Ron Paul announced his new 2012 Presidential campaign on May 13th, 2011, we decided if we could shorten our original 120 minute film to just under 60 minutes, that it would make an excellent handout DVD to educate people about Ron Paul during his 2012 campaign.
We produced a 55 minute re-cut and posted it to RonPaulForums to be viewed, vetted and critiqued. Not long after, we debuted an updated version, which included a brand new 5 minute Addendum edit at the end featuring new exclusive commentary by Jack Hunter. The Addendum carries the viewer past the end of the 2008 campaign and through some of the successes Ron Paul & the Liberty Movement have had throughout 2008-2011.
With an updated subtitle, we completely re-designed the DVD’s packaging and artwork into an informative literature piece in itself, and feel we’ve crafted the perfect Ron Paul 2012 presidential campaign handout piece. The best part is people can get them at a discounted price and in bulk quantities right here on this site.
The For Liberty 2012 Re-cut is packaged in a beautiful full-color 4 panel Wallet Sleeve, with each piece individually shrink-wrapped making for the perfect handout for rallies, fairs, when going door to door with literature about Ron Paul, and more.
Anyone who views the film will definitely take a 2nd look at Ron Paul in the upcoming straw polls, caucuses, and primaries.
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Ron Paul Wins Values Voter Summit Straw Poll–Videos
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Ron Paul Wins Values Voter Summit Straw Poll!! (Media Coverage)
Media Dismissive of Ron Paul Straw Poll Win?
Ron Paul Interview on FOX: At Voters Values Summit Straw Poll in DC – 4:28
For Liberty Re-cut – Ron Paul 2012 Handout DVD HD
In late 2009 we released a feature-length grassroots documentary entitled, “For Liberty: How the Ron Paul R3volution Watered the Withered Tree of Liberty”. Since then, we’ve been inundated with positive feedback from people all over the world who have viewed the film, and were inspired by Ron Paul’s message of Freedom and Liberty. As independent filmmakers, we’ve been humbled by the response.
Soon after Ron Paul announced his new 2012 Presidential campaign on May 13th, 2011, we decided if we could shorten our original 120 minute film to just under 60 minutes, that it would make an excellent handout DVD to educate people about Ron Paul during his 2012 campaign.
We produced a 55 minute re-cut and posted it to RonPaulForums to be viewed, vetted and critiqued. Not long after, we debuted an updated version, which included a brand new 5 minute Addendum edit at the end featuring new exclusive commentary by Jack Hunter. The Addendum carries the viewer past the end of the 2008 campaign and through some of the successes Ron Paul & the Liberty Movement have had throughout 2008-2011.
With an updated subtitle, we completely re-designed the DVD’s packaging and artwork into an informative literature piece in itself, and feel we’ve crafted the perfect Ron Paul 2012 presidential campaign handout piece. The best part is people can get them at a discounted price and in bulk quantities right here on this site.
The For Liberty 2012 Re-cut is packaged in a beautiful full-color 4 panel Wallet Sleeve, with each piece individually shrink-wrapped making for the perfect handout for rallies, fairs, when going door to door with literature about Ron Paul, and more.
Anyone who views the film will definitely take a 2nd look at Ron Paul in the upcoming straw polls, caucuses, and primaries.
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Ron Paul–Videos
Ron Paul–Republican Debate-September 22, 2011–Fox News And Google–Videos
Republican Debate–September 22, 2011–Fox News and Google–Videos
Republican Debate September 12, 2011–Tea Party–CNN–Videos
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Read Full Post | Make a Comment ( None so far )Ron Paul: “Stop Dreaming–Restore The Republic”–Will Ron Paul Be “Michael” And The One Man That Breaks Through?–Video
“Michael”
This Video Changed My Life: ‘Ron Paul: Stop Dreaming’
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Republican Debate September 12, 2011–Tea Party–CNN–Videos
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Read Full Post | Make a Comment ( None so far )Pronk Pops Shows 1-48: Podcasts or Download–Give It A Listen–Videos
Pronk Pops Show 48:October 5, 2011
Pronk Pops Show 47:September 28, 2011
Pronk Pops Show 46:September 21, 2011
Pronk Pops Show 45:September 14, 2011
Pronk Pops Show 44:September 7, 2011
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Pronk Pops Show 48
October 06, 2011 08:47 AM PDT
Pronk Pops Show 48, October 8, 2011
Segment 0: President Obama In Dallas Tuesday Oct. 4: Collecting Contributions For $1,000,000,000 Propaganda Campaign And Demanding His Jobs Bill Be Passed–More Taxes, More Spending, More Deficits, More Debt, More Unemployment–No Hope, No Change, No Jobs, No Thanks–”How’s That Hopey-Changey Stuff Working Out For Ya?”–Videos
For addition information and videos:
Segment 1: Gungate: What did you know and When Did You Know About Operation Fast and Furious And Project Gunrunner– Attorney General Holder and President Obama?
For addition information and videos:
Pronk Pops Show 47
September 28, 2011 04:57 PM PDT
Pronk Pops Show 47, September 28, 2011
Segment 0: Ron Paul On U.S. Foreign Policy–Mutually Assured Destruction vs Mutually Assured Respect –Videos
For additional information and videos:
Segment 1: Herman Cain Wins Florida Straw Poll: The Cain Mutiny–Videos
For additional information and videos:
Segment 2: Republican Presidential Debate, September 22, 2011–Videos
For additional information and videos:
Pronk Pops Show 46
September 21, 2011 04:29 PM PDT
Pronk Pops Show 46, September 21, 2011
Segment 0: Obama’s Solargate: Solyndra Stimulus Spending Cost Taxpayers An Estimated $535 Million–Crony Capitalism Campaign Contribution Corruption–Videos
For additional information and videos:
Segment 1: Eat The Rich!–Vote Obama In 2012 For More Spending, More Taxes, More Deficits, More Debt, More Unemployment, More Recession–No Hope–No Change–No Deal!–Videos
For additional information and videos:
Segment 2: Ron Paul On U.S. Foreign Policy–Mutually Assured Destruction vs Mutually Assured Respect –Videos
For additional information and videos:
Pronk Pops Show 45
September 16, 2011 12:33 PM PDT
Pronk Pops Show 45, September 14, 2011
Segment 0: Obama Proposes Tax Increases To Pay For Jobs/Stimulus Spending Package–Videos
For additional information and videos:
Segment 1: Republican Debate September 12, 2011–Tea Party–CNN–Videos
For additional information and videos:
Pronk Pops Show 44
September 08, 2011 10:22 AM PDT
Pronk Pops Show 44, September 7, 2011
Segment 0: Union Thug Hoffa Threatens To Take Out The Tea Party At Labor Day Rally–Obama “Proud” of Hoffa–Videos
For additional information and videos:
Segment 1: No Hope: Consumer Confidence Craters–No Change: Official Unemployment Rate Above 8% and Total Unemployment Rate Above 15% For Entire Obama Administration–Great Obama Recession Economy (GORE)–Videos
For additional information and videos:
Pronk Pops Show 43
August 31, 2011 03:19 PM PDT
Pronk Pops Show 43, August 31, 2011
Segment 0: Remembering The 9/11 First Responders–Videos
For Additional Information and Videos:
Segment 1: The Conference Board’s Consumer Confidence Index Craters: 59.2 In July To 44.5 In August–Lowest Since April 2009!
For Additional Information and Videos:
Segment 2: U.S. Economy On The Verge Of A Recession–Second Quarter GDP Growth Rate Revised Down From 1.3% to 1.0%–Bernanke Advocates Fiscal Stimulus–No QE3 For Now–Consumer Confidence Craters–Videos
For Additional Information and Videos:
Segment 3: Obama’s Approval Rating On Economy Hits New Gallup Poll Low Of 26%–Republican Presidential Candidates Romney, Perry, Paul and Bachmann Attack Obama’s Job Creation Record–Videos
For Additional Information and Videos:
Pronk Pops Show 42
August 24, 2011 03:25 PM PDT
Pronk Pops Show 42, August 24, 2011
Segment 0: Malcolm Gladwell–Outliers: The Story of Success–Videos
For additional information and videos:
Segment 1: Obama’s Approval Rating On Economy Hits New Gallup Poll Low Of 26%–Republican Presidential Candidates Romney, Perry, Paul and Bachmann Attack Obama’s Job Creation Record–Videos
For additional information and videos:
Pronk Pops Show 41
August 17, 2011 04:23 PM PDT
Pronk Pops Show 41, August 17, 2011
Segment 0: 2011 Iowa Straw Poll: Bachmann knocks off Pawlenty, Paul builds momentum, Perry crashes party—Show me the money!–Videos
For additional information and videos:
Segment 1: Beyond Top Tier–First In The Hearts and Minds Of The American People and Founding Fathers–The One–Ron Paul–Restoring Liberty, Peace and Prosperity–Videos
For additional information and videos:
Segment 2 : It’s Time For A Permanent, Pervasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos
For additional information and videos:
Pronk Pops Show 40
August 10, 2011 03:35 PM PDT
Pronk Pops Show, August 10, 2011
Segment 0: The Warfare and Welfare Economy Worsens With 30 Americans Killed and Over 45 Million Americans On Food Stamps–American People Want A Peace and Prosperity Economy–A Paycheck Not Food Stamps–Stop Out Of Control Spending On Government Interventions Abroad and At Home–Videos
For Additional Information and Videos
Segment 1: More GORE–Great Obama Recession Economy–Government Treasury Securities Downgraded From AAA to AA+ With A Negative Outlook By Standard & Poor’s Rating Agency–Too Little Too Late–The Austrian School of Economics Was Right!–Videos
For Additional Information and Videos
Pronk Pops Show 39
August 03, 2011 04:00 PM PDT
Pronk Pops Show 39, August 3, 2011
Segement 0: Will Tea Party Caucus Vote As A Block Against Democratic and Republican Establishment Compromise Bill On Raising National Debt Ceiling By $900 Billion, Adding Over $7,000 Billion To National Debt In The Next Ten Years Plus A Huge Tax Hike in 2013?–The American People Would Like To Know!–Videos
For Addition Information and Videos:
Segment 1: The Second Obama Recession Starts Or The Great Obama Depression Continues–The Growth Rate of Gross Domestic Product Declines For Four Consecutive Quarters–The Economy Has Peaked And Entered A Period Of Stagflation–Rising Prices, Unemployment And Obama Misery Index!–Ron Paul To The Rescue?–Videos
For Addition Information and Videos:
Pronk Pops Show 38
July 27, 2011 03:17 PM PDT
Pronk Pops Show 38, July 27, 2011
Segment 0: Tea Party Democrats, Republicans, and Independents Betrayed–Tell The Democratic and Republican Establishments To Balance The Budget and Cut The Debt Ceiling–Just Say No To Obama, Reid, Boehner and Ryan Unbalanced Budgets–Videos
For additional information and videos:
Segment 1: It’s Time For A Permanent, Prevasive and Predictable Stimulus Package–The FairTax–Launching A Peace and Prosperity Economy–Videos
For additional information and videos:
Pronk Pops Show 37
July 21, 2011 03:44 PM PDT
Pronk Pops Show 37, July 21, 2011, Part 1
Segment 0: President Obama Lies and Scares People On Social Security–Stop Spending and Balance The Budget!–Videos
For Additional Information and Videos
Pronk Pops Show 37, July 20, 2011: Segment 1: The American People’s Solution To Economic Stagnation: Increase National Debt Ceiling By $2,000 Billion To $16,300 Billion In Exchange For Passage of A Balanced Budget Amendment And The FairTax Bills And Repealing The Income Tax 16th Amendment To U.S. Constitution–A Balanced, Fair And Transparent Approach To Creating Jobs and Growing A Peace and Prosperity Economy–Videos
For Additional Information and Videos
Part 2 Segments 2, 3 and 4 will be broadcast next Wednesday, July 27, 2011 from 3-5pm and posted on Thursday, July 28, 2011
Pronk Pops Show 36
July 13, 2011 04:23 PM PDT
Pronk Pops Show 36, July 13, 2011
Segment 0: Lipstick On A Pig–Great Obama Depression– Deeper and Longer–Official U-3 Unemployment Rate Hits 9.2% In June 2011 With 14 Million Unemployed and Total Unemployment Rate U-6 Hits 16.2% With Over 24.8 Million Americans Seeking Full Time Job–Obama Is Not Working–2012–End An Error!–Fire Obama–Videos
For additional information and videos:
Segment 1: Gretchen Morgenson & Joshua Rosner–Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led To Economic Armageddon–Videos
For additional information and videos:
Segment 2: Jim Rogers, Peter Schiff, Marc Farber and Ron Paul On The National Debt Ceiling and Balancing The Budget–Videos
For additional information and videos:
Segment 3: Obama’s Gungate: Operation Fast and Furious–Arming Mexican Drug Cartels and Criminals–Killing American and Mexican Citizens–A Pretext For The Ultimate Aim of Disarming The American People and Repealing the Second Amendment–Department of Justice, Department of Homeland Security, FBI, BATFE, ICE and DEA Coverup and Stonewalling–Call For Special Prosecutor–President Obama and Attorney General Holder Should Be Impeached For Obstruction of Justice–Videos–Updated
For additional information and videos:
Segment 4: Ron Paul won’t seek re election for Congress–Why? Can You Say–President Ron Paul–Vote For A Committed and Principled Constitutionalist–The Peace and Prosperity Candidate For President–Ron Paul–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/07/13/pronk-pops-show-36-july-13-2011-segment-4-ron-paul-won%E2%80%99t-seek-re-election-for-congress%E2%80%93why-can-you-say%E2%80%93president-ron-paul%E2%80%93vote-for-a-committed-and-principled-const/?preview=true&preview_id=1406&preview_nonce=16c661faf2
Pronk Pops Show 35
July 06, 2011 03:44 PM PDT
Pronk Pops Show 35, July 6, 2015
Segment 0: The Meaning of Independence Day–Videos
For additional information and Videos:
Segment 1: The Legal Standard In A Murder Case: Prove It Beyond A Reasonable Doubt–Suspicion And Opinion Is Not Enough–Casey Anthony Murder Case–Not Guilty–Videos
For additional information and Videos:
Segment 2: George Bureau of Investigations Finds Atlanta School Teachers and Principals Cheating Scandal:Raised Students Scores On Tests –Government Corrupt Schools–
For additional information and Videos:
Segment 3: Obama’s Marxist Class Warfare On Millionaires and Billionaires–Tax The Job Creators–President’s Unbalanced Budget Would Result In A Big $1,100 Billion Deficit In Fiscal Year 2012–This Is Obama’s So-Called Balanced Approach–Obama Is Not Working–Fire Obama Right Now!–Videos
For additional information and Videos:
Pronk Pops Show 34
June 29, 2011 03:38 PM PDT
Pronk Pops Show 34, June 29, 2011
Segment 0: Sexist Elitist Chris Wallace Asks Michele Backmann Are You A Flake?–Chris, Are You A Wimp?–Videos
For additional information and videos:
Segment 1: Is Ron Paul An Isolationist–No–He Is For Free Trade and A Nonterventionist Foreign Policy–Are The NeoCons Warmongers–Yes–Aggressive Interventionist Foreign Policy–Empire or Nation Building!–Videos
For additional information and videos:
Segment 2: Cut, Cap, And Balance Pledge–The Washington D.C. Howdy Doody Debt Ceiling Show–“Say Kids What Time Is It?”–Howdy Doody Time–Fiscal Year 2020 Balanced Budget Time–Not Serious–Send In The Clowns–There Already There!– Videos
For additional information and videos:
Pronk Pops Show 33
June 22, 2011 03:21 PM PDT
Pronk Pops Show 33, June 22, 2011
Segment 0: Jon Huntsman Launches 2012 Candidacy for President At Liberty Park–Should Become A Democrat Like John V. Lindsay And Run Against President Obama in 2012!–Videos
For additional information and videos:
Segment 1: Republican Candidates For President Romney, Cain, and Johnson Refuse To Sign Pro-Life Citizen’s Pledge–While Sarah Palin’s Trig’s Creator E-Mail Moves Millions–Videos
For additional information and videos:
Segment 2: Rick Perry/Sarah Palin Republican Establishment Candidate Ticket vs. Ron Paul/Michele Bachmann Republican Constitutional Candidate Ticket for the 2012 Presidential Race–Videos
For additional information and videos:
Segment 3: The Next President Of The United States Tells Truth To Power At Republican Leadership Conference–Great Speech!
For additional information and videos:
Segment 4: Bloomberg Poll Bad News For Obama–Only 30% Certain They Will Vote For Obama in 2012!–66% Think Country On The Wrong Track!–Videos
For additional information and videos:
Pronk Pops Show 32
June 15, 2011 03:10 PM PDT
Pronk Pops Show 32, June 15, 2011
Segment 0: Money, Organization, Message, Momentum, Ambition–MOMMA–You Need MOMMA To Win A Presidential Race!–Videos
For Additional Information and Videos:
Segment 1: Republican Presidential Debate In New Hampshire June 13, 2011–American People The Winner–Obama The Loser–Videos
For Additional Information and Videos:
Segment 2: The Political Issues of 2012 Elections: #1–Unemployment–Jobs, #2–Government Spending–Balanced Budgets, #3-Tax Reform–The FairTax, #4-Inflation–End The Fed, #5-Wars–Bring The Troops Home–Videos
For Additional Information and Videos:
http://pronkpops.wordpress.com/2011/06/15/pronk-pops-show-32-june-15-2011-
segment-2-1-the-issues-unemployment-jobs-2-government-spending-balanced-budgets-3-tax-reform-the-fairtax-4-inflation-end-the-fed-5-wars-bring-the-t/?preview=true&preview_id=1183&preview_nonce=577da72775
Segment 3: Pronk Presidential Prediction–The Winner Is?–The American People!–Videos
For Additional Information and Videos:
Pronk Pops Show 31
June 08, 2011 03:17 PM PDT
Pronk Pops Show 31: June 8, 2011
Segment 0: ENTJ–Know Thyself–This above all: to thine own self be true–Videos
For additional information and videos:
Segment 1: A Breach of Public Trust–Hound Dogs–Clinton, Weiner, and Obama–Notorious Habitual Liars–Wake Up–Start A Revolution–Ron Paul–Videos
For additional information and videos:
Segment 2: June 2011–Unemployment Situation Worsens–9.1% Official Unemployment Rate (U-3) with 13,900,000 Unemployed and 15.8% Total Unemployment Rate (U-6) With 24,283,000 Americans Looking For Full Time Jobs!–Great Obama Depression (GOD)!–Videos
For additional information and videos:
Pronk Pops Show 30
June 02, 2011 01:26 PM PDT
Pronk Pops Show, June 2, 2011
Segment 0: The Facebook Effect–Videos
For additional information and videos:
Segment 2: Paul Allen–Idea Man: A Memoir By The Cofounder of Microsoft–Videos
For additional information and videos:
Segment 3: Last Dance For Love–Congress Blocks Debt Limit Hike–For Now–Who Is The Political Class Fooling–Bring The Troops and Jobs Home and Send The Bureaucrats and Big Spenders Home–Save Medicare and Social Security–Hot Stuff–Videos
For additional information and videos:
Pronk Pops Show 29
May 26, 2011 01:12 PM PDT
Pronk Pops Show 29, May 26, 2011
Segment 1: Herman Cain–The Tea Party Movement Candidate–Running On Cutting Spending, Opposing Higher Debt Ceiling, Enforcing Immigration Laws, Defunding Planned Parenthood, Nominating Pro Life Judges, And Passing The FairTax–Common Sense Solutions!–Videos
For additional information and videos:
Segment 2: Taxman Obama’s Hidden Tax Increase On The Rich That Results In Fewer Jobs And Lower Economic Growth vs. Ryan’s Long and Winding Road To Economic Stagnation vs. Senators Lee, DeMint and Paul’s Stairway To Peace and Prosperity With A Balanced Budget!–Videos
For additional information and videos:
Segment 3: Israeli Prime Minister Benjamin Netanyahu Addresses Congress–A Lesson In Leadership–Videos
For additional information and videos:
Segment 4: Memo To Washington Republican Party Establishment–You Are Not Listening To The American People–Read Our Lips–“Cut Spending and Balance The Budget Starting With Fiscal Year 2012”–Videos
For additional information and videos:
Pronk Pops Show 28
May 18, 2011 04:26 PM PDT
Pronk Pops Show 28, May 18, 2011
Segment 1: Segment 1: Newt Gingrich Running For President As A Big Government Interventionist Republican Progressive aka Green “Compassionate” Conservative?–Favors Individual Health Care Mandates While Attacking Paul Ryan As A Right Wing Radical Social Engineer For Proposing A Premium Support or $15,000 Voucher System To Save Medicare From Bankruptcy!–Videos
For additional information and videos:
Segment 2: Leave It To Beaver–Newt Gingrich–The Beaver Puppet of The Republican Washington D.C. Establishment Political Class With It Social Engineered Warfare and Welfare Economy with A $3,500 Billion Unbalanced Budget For Fiscal Year 2012 with Nearly $1,000 Billion In Deficit Spending!–Videos
For additional information and videos:
Segment 3: Ron Paul Running For President Of The United States in 2012–It Is Official–The Third Time Is The Charm!–Videos
For additional information and videos:
Segment 4: Ron Paul Is Running For President of The United States In 2012!–The Third Time Is The Charm–A Man Of Integrity–A Candidate For Peace and Prosperity–Neither A Big Government Warfare Republican Nor A Massive Government Welfare Democrat–A Man Of And For The American People–A Tea Party Patriot–Ron Paul–Videos
Pronk Pops Show 27
May 11, 2011 10:13 AM PDT
Pronk Pops Show 27, May 10, 2011
Segment 1: Bureau of Labor Statistics Official Unemployment Rate (U-3) Increased To 9.0% With 13.7 Million Americans Unemployed and Total Unemployment Rate (U-6) Increased To 15.9% With 24.4 Million Americans Seeking Full Time Job–Economy Adds 244,000 Jobs But Initial Unemployment Claims Hit Eight Month High of 474,000!–Videos
For additional information and videos:
Segment 2: OMI-Obama Misery Index–U.S. Misery Index Is Rising As Both The Unemployment Rate and Inflation Rate Increase!–Videos
For additional information and videos:
Segment 3: Segment 3: Speaker Boehner’s Address to the Economic Club of New York on Jobs, Debt, Gas Prices–Videos
For additional information and videos:
Pronk Pops Show 26
Pronk Pops Show 26, May 5, 2011
Segment 1: How Did Bin Laden Bankrupt America?–Was Osama Bin Landen Executed For Bankrupting America?–Yes, President Obama Wants The Credit For Bankrupting America!–Videos
For additional information and videos:
Segment 2:Segment 2: President Obama Is The Reason Your Gasoline Prices Are Going Up!–American People Favor Drilling For Oil and Gas!–Drill Baby Drill–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/05/03/pronk-pops-show-26-may-3-2011-segment-2/
Pronk Pops Show 25
April 27, 2011 11:28 AM PDT
Pronk Pops Show 25, April 26, 2011
Segment 0: Eva Cassidy–A Singer’s Singer
Segment 1: Ron Paul Is Running For President of The United States In 2012!–The Third Time Is The Charm–A Man Of Integrity–A Candidate For Peace and Prosperity–Neither A Big Government Warfare Republican Nor A Massive Government Welfare Democrat–A Man Of And For The American People–A Tea Party Patriot–Ron Paul–Videos
For additional information and videos:
Segment 3: President Obama Is The Reason Your Gasoline Prices Are Going Up!–American People Favor Drilling For Oil and Gas!–Drill Baby Drill–Videos
For additional information and videos:
Pronk Pops Show 24
Pronk Pops Show 24: April 19, 2011
Segment 0: S&P Rating Outlook Changed From “Stable” To “Negative” For U.S. Treasury Debt–Videos
Segment 1: Who is John Galt? Who is Ayn Rand–Videos
For additional information and videos:
Segment 2: President Obama’s Fiscal Year 2012 Budget Speech Of April 13, 2011–Eat The Rich And Killing The American Dream Class Warfare–Cuts National Security Spending and Raise Taxes On The Rich–Produces Massive Deficits, National Debt, and Higher Unemployment For 12 More Years–Progressive Radical Socialist Economic Stagflation–Videos
For additional information and videos:
http://pronkpops.wordpress.com/2011/04/18/pronk-pops-show-24-april-18-2011-segment-2-president-obamas-fiscal-year-2012-budget-speech-of-april-13-2011-eat-the-rich-and-killing-the-american-dream-class-warfare-cuts-national-security-sp/
Segment 3: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 23
Pronk Pops Show 23: April 12, 2011
Segment 0: Sidney Lumet–Rest In Peace–Videos
Segment 1: Tea Party Movement Demands Passage of Balanced Budget Amendment and The FairTax As The Price For Raising The National Statutory Debt Limit of $ 14,294,000,000 One Last Time By $1,000,000,000,000!–Videos
For additional information and videos:
Segment 2: The FairTax (National Consumption Sales Tax) vs. The Flat Tax (One Rate Federal Income Tax)–Who Pays The Most Federal Individual Income Tax? Videos
For additional information and videos:
Pronk Pops Show 22 (Part 2)
Pronk Pops Show 22, April 7, 2011
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 22 (Part 1)
Pronk Pops: Show 22, April 7, 2011
Segment 0: Glenn Beck Ending His Show At Fox News
Segment 1: 3,500,000 Million Americans Unemployed in March 2011 Still Exceeds Great Depression High of 13,000,000 In March 1933–The Obama Depressions Continues–Bureau of Labor Statistics: 8.8% Official Unemployment Rate (U-3) vs. Gallup Unemployment Rate of 10.0%–Nonfarm Payroll Increased By 216,000–The Government Makes The Depression Worse!–Videos
Segment 2: Obama’s Anti-American, Anti-Capitalist, Anti-Growth, Anti-Jobs, and Anti-Security Energy Policy–Videos
Segment 3: Republican Establishment Will Propose A Ten Year $6,200 Billion Cut In Spending Over Ten Years–The Problem Is It Does Not Balance The Budget For Another Five Years At The Earliest–Tea Party Movement Demands Balanced Budgets Starting In 2012 For The Next Ten Years!–A Jet Plane To Prosperity Not A Path To Prosperity–Videos
Segment 4: Just One More Thing Congressman Ryan: When Does The Republican’s Path To Prosperity Balance The Budget?–The Twelth of Never!–Videos
For additional information and videos on the above segments:
Pronk Pops Show 21
Pronk Pops Show 21, March 29, 2010
Segment 1: The Truth And Consequences About Undeclared Wars–Real Strange Bedfellows–Obama Allies U.S. with Libyan Rebels Including Islamic Jihadists, Moslem Brotherhood, and Al-Qaeda!–Give Peace A Chance–AC-130 Gunship–A-10 Warthogs–F-15E Strike Eagles and Special Operation Smash Squads
For Additional Information and Videos:
Pronk Pops Show 20
Pronk Pops Show 20: March 22, 2011
Segment 1:F-15 Crashes In Libya
Segment 2ne Unconstitutional and Undeclared War Too Many: The Great Pretender, Peace Candidate And Noble Peace Prize Winner, President Barack Obama Undeclared War On Libya’s Muammar Ghaddafi In Defense Of Libyian Islamic Fighting Group (LIFG) Rebels Linked To al-Qaeda and The BP Libyian Oil Deal Linked To Obama Campaign Contributions–A Political Payoff!–Obama Has To Go In 2012–Videos
Segment 3:Earthquake Damages Japanese Nuclear Plant At Fukushima Daiichi, Four Explosions and Four Nuclear Reactors Flooded With Seawater To Contain Release Of Radioactive Material and Plant Released Radioactive Materials To Stop Pressure Buildup–Partial Meltdown Of Nuclear Core Feared–Radioactive Material Escaping From Plant–Over 250,000 Ordered Evacuated From 20 Kilometer (12.4 Miles) Radius From Plant–Videos
For Additional Information and Videos:
Pronk Pops Show 19
Pronk Pops Show 19: March 8, 2011
Segment 1: The Washington Political Elites of Both Parties Are Not Serious About Balancing The Federal Budget And Funding Entitlement Liabilities–Send In The Clowns–Don’t Bother There Here–Videos
Segment 2, Gallup–U.S. Unemployment Hits 10.3% In February 2011 Vs. Bureau of Labor Statistics (BLS) U.S. Unemployment Rate Declined By .1% To 8.9% in February 2011 With Job Creation of 192,000 In February 2011–Over 13.7 Million Americans Unemployed More Than Worse Month of Great Depression!
For more information and videos related to this show click on links below:
Pronk Pops Show 18
Pronk Pops Show 18: March 3, 2011
Segment 1: Remembering The Brooklyn Dodgers and Duke Snider
Segment 2: The National Debt Will Hit $20,000,000,000,000 By 2020!
Segment 3 Public Sector Unions vs. The America People: Replacing The American Dream With The Socialist Union Nightmare
For additional information and videos on the above segments:
Pronk Pop Show 17
Pronk Pops Show 17: February 22, 2011
Black History Month–Progressives–Eugenics–Black Population Control–Abortion–Black Genocide–Planned Parenthood–Barack Obama
For more information and videos relating to the show:
Pronk Pops Show 16
Pronk Pops Show 16: February 15, 2011
Conservative Political Action Conference 2011
President Obama’s Saint Valentine’s Massacre of The American People–Fiscal Year 2012 Budget Buster–Spending $3,729 Billion–Taxes $2,627 Billion–Deficit $1,101 Billion–Dead On Arrival–DOA– 3 Million Tea Party Patriots To March On Washington D.C. On Friday, April 15, 2011 In Protest!
For more information and videos related to this show click on link below:
Pronk Pops Show 15: Hour 3
Pronk Pops Show 15:February 8,2011, Hour 3
Lies, Damn Lies, Statistics, and Obama’s Unbelievable Unemployment Numbers
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Pronk Pops Show 15: Hour 2
Pronk Pops Show 15: February 8, 2011 Hour 2
Rolling Power Outages in Texas
Obama Care Declared Unconstitutional and Void By Federal Judge
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Pronk Pops Show 15: Hour 1
Pronk Pops Show 15: February 8,2011, Hour 1
Super Storm and Super Bowl In Dallas, Texas
Man-Made Carbon Dioxide Emission and Global Warming–Science vs. Politics
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Pronk Pops Show 14
Pronk Pops Show 14: January 27, 2011
The Big Lie and Free Speech
President Obama’s State of the Union Campaign Speech
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Pronk Pops Show 13
Pronk Pops Show 13: December 9, 2010
Latest News Update on WikiLeaks
Federal Reserve Unconventional Monetary Policy
President Obama and Republicans Agree To Two Year Tax Rate Extension and
One Year Unemployment Benefit Extension–More Deficit Spending and Debt!
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Pronk Pops Show 12
Pronk Pops Show 12: December 8, 2010
News Update On WikiLeaks and Julian Assange
The Chairman of The Federal Reserve and Quantitative Easing 2
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Pronk Pops Show 11
Pronk Pops Show 11: December 3, 2010
News and Commentary On November 2010 Unemployment Rate and Level Statistics
WikiLeaks
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Pronk Pops Show 10
Pronk Pops Show 10: December 1, 2010
Update on new TSA Airport Screening Procedures
Portland, Oregon Terrorist Bomber Arrested by F.B.I.
WikiLeaks Posts Department of State Cables
For more information and videos related to this show click on link below:
http://pronkpops.wordpress.com/2010/11/24/pronk-pops-show-10-november-24-2010-food-prices-rising-fairtax-updates-on-tsa-and-quantitative-easing-money-printing-videos/
Pronk Pops Show 9
Pronk Pops Show 9: November 19, 2010
Federal Reserve Chairman Bernanke Responds To Critics of Monetary Policy
Transportation Security Administration or TSA New Screening Procedures:
Full Body Scanners and Extended Pat-Downs
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Pronk Pops Commentary 1
Pronk Pops Commentary 1: November 11, 2010
Stop Federal Reserve Quantitative Easing or Money Printing
Pronk Pops Show 8
Pronk Pops Show 8: November 10, 2010
Tea Party Major Issues: Jobs, Spending, Deficits, Debt, Taxes, Health Care and Illegal Immigration
Tea Party Stars: Senators: Rand Paul and Marco Rubio
Republican Tea Party Test: Cutting Federal Spending By Over $1,000 Billion To Balance The Budget For Fiscal Years 2011, 2012, and 2013.
For more information and videos related to this show click on link below:
Pronk Pops Show 7
Pronk Pops Show 7: November 9, 2010
Unemployment News
Tea Party Effect On 2010 Elections
Key Issues: Federal Budget Deficits and National Debt
Cutting Federal Government Spending and Balancing The Federal Budget
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Pronk Pops Show 6
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Read Full Post | Make a Comment ( None so far )President Obama Beats 62 Year Record Held By Reagan: Unemployment Rate Over 8% For 32 Months and Over 9% For 27 Months!–Average Weeks Unemployed Hits All Time High of 40.5 Weeks!–Videos
http://www.shadowstats.com/alternate_data/unemployment-charts
The Unemployment Game Show: Are You *Really* Unemployed? from Mint.com
CNBC – Bottom Line – Hiring Uptick Not Enough To Ease Recession Fears 10-7-2011
IHS’s Gault Says U.S. Jobless Rate Could Reach 9.4%
U.S. Federal Reserve Chairman Ben Bernanke Warns Of Slow US Recovery CCTV News
Ben Bernanke: ‘OccupyWallstreet and Usury’
Dealing with Long-term Unemployment
President Obama made history in September when he finally beat out President Reagan’s record for worst U.S. economy in terms of unemployment since the Great Depression. The first Friday of every month at 8:30 (EDT), the Department of Labor, Bureau of Labor Statistics (BLS), publishes its Employment Situation Report, as it did on Oct. 7. The BLS reported that the unemployment rate in September remained unchanged at 9.1 percent with 14 million Americans unemployed.
Since 1948 the BLS has been publishing the unemployment rate statistics known to economists as U-3 or the headline unemployment rate.
U.S. Unemployment Rate Percent, 1948 to Present
For this 62 year period Reagan held the record for worst U.S. economy in terms of the duration of high unemployment rates in the post World War II period:
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|
| 1981 | 7.5 | 7.4 | 7.4 | 7.2 | 7.5 | 7.5 | 7.2 | 7.4 | 7.6 | 7.9 | 8.3 | 8.5 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1982 | 8.6 | 8.9 | 9.0 | 9.3 | 9.4 | 9.6 | 9.8 | 9.8 | 10.1 | 10.4 | 10.8 | 10.8 | |
| 1983 | 10.4 | 10.4 | 10.3 | 10.2 | 10.1 | 10.1 | 9.4 | 9.5 | 9.2 | 8.8 | 8.5 | 8.3 | |
| 1984 | 8.0 | 7.8 | 7.8 | 7.7 | 7.4 | 7.2 | 7.5 | 7.5 | 7.3 | 7.4 | 7.2 | 7.3 |
Obama has clearly surpassed Reagan’s unemployment record. The unemployment rate is expected to remain over 8 percent for the next twelve months, if not longer.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|
| 2009 | 7.8 | 8.2 | 8.6 | 8.9 | 9.4 | 9.5 | 9.5 | 9.7 | 9.8 | 10.1 | 9.9 | 9.9 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | 9.7 | 9.7 | 9.7 | 9.8 | 9.6 | 9.5 | 9.5 | 9.6 | 9.6 | 9.7 | 9.8 | 9.4 | |
| 2011 | 9.0 | 8.9 | 8.8 | 9.0 | 9.1 | 9.2 | 9.1 | 9.1 | 9.1 |
While the U-3 headline unemployment rate number gets the attention of most journalists, among economists and investment analysts the U-6 total unemployment rate gets more attention because it includes people who want to work full time but have been unable to find work. The U-6 unemployment rate increased from 16.2 percent in August to 16.5 percent in September.
The U-6 unemployment rate includes marginal attached workers including discouraged workers and individuals that are working part time but looking for full time employment. The BLS defines a marginally attached workers as “persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months (or since the
end of their last job if they held one within the past 12 months), but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.”
A discouraged workers are “persons not in the labor force who want and are available for a job and who have looked for work sometime in the past 12 months (or since the end of their last job if they held one within the past 12 months), but who are not currently looking because they believe there are no jobs available or there are none for which they would qualify”, according to the BLS.
What is even worse for those searching for a job is the average weeks unemployed has more than doubled from 19.9 weeks in January 2009 to 40.5 weeks in September 2011, according to the BLS. During the Reagan years the average weeks unemployed in January 1981 was 14.3 weeks and peaked at 21.2 weeks in July 1983 and fell to 7.3 weeks in January 1985.
Only 103,000 new jobs were created in September according to the BLS’s Establishment Survey Data. For the last six months an average of 72,000 new jobs were created compared with 161,000 for the seven months prior to April 2011. The U.S. economy needs to create between 250,000 to 300,000 jobs each month to reduce the unemployment rate by .1 percent.
Every month high school and college students, graduates and dropouts enter the labor force for the first time as new entrants. In order to keep the unemployment rate unchanged the U.S. economy needs to create a minimum of 100,000 to 150,000 new jobs each month to absorb new entrants into the labor market. The September unemployment rate among teenagers was 24.6 percent.
The U.S. econonmy is on the brink of another recession with the growth of real Gross Domestic Product approaching zero. For the next 6 to 9 months many economists are predicting the unemployment rate to rise from 9.1 percent to over 10 percent before gradually falling back down to under 9 percent in the following 12 months. This does not bode well for Obama’s chances of being re-elected for a second term.
All statistics are from the Department of Labor, Bureau of Labor Statistic, October, 2011
Unemployment Rate (U-3)
Series Id: LNS14000000
Seasonally Adjusted
Series title: (Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent or rate
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1948 | 3.4 | 3.8 | 4.0 | 3.9 | 3.5 | 3.6 | 3.6 | 3.9 | 3.8 | 3.7 | 3.8 | 4.0 | |
| 1949 | 4.3 | 4.7 | 5.0 | 5.3 | 6.1 | 6.2 | 6.7 | 6.8 | 6.6 | 7.9 | 6.4 | 6.6 | |
| 1950 | 6.5 | 6.4 | 6.3 | 5.8 | 5.5 | 5.4 | 5.0 | 4.5 | 4.4 | 4.2 | 4.2 | 4.3 | |
| 1951 | 3.7 | 3.4 | 3.4 | 3.1 | 3.0 | 3.2 | 3.1 | 3.1 | 3.3 | 3.5 | 3.5 | 3.1 | |
| 1952 | 3.2 | 3.1 | 2.9 | 2.9 | 3.0 | 3.0 | 3.2 | 3.4 | 3.1 | 3.0 | 2.8 | 2.7 | |
| 1953 | 2.9 | 2.6 | 2.6 | 2.7 | 2.5 | 2.5 | 2.6 | 2.7 | 2.9 | 3.1 | 3.5 | 4.5 | |
| 1954 | 4.9 | 5.2 | 5.7 | 5.9 | 5.9 | 5.6 | 5.8 | 6.0 | 6.1 | 5.7 | 5.3 | 5.0 | |
| 1955 | 4.9 | 4.7 | 4.6 | 4.7 | 4.3 | 4.2 | 4.0 | 4.2 | 4.1 | 4.3 | 4.2 | 4.2 | |
| 1956 | 4.0 | 3.9 | 4.2 | 4.0 | 4.3 | 4.3 | 4.4 | 4.1 | 3.9 | 3.9 | 4.3 | 4.2 | |
| 1957 | 4.2 | 3.9 | 3.7 | 3.9 | 4.1 | 4.3 | 4.2 | 4.1 | 4.4 | 4.5 | 5.1 | 5.2 | |
| 1958 | 5.8 | 6.4 | 6.7 | 7.4 | 7.4 | 7.3 | 7.5 | 7.4 | 7.1 | 6.7 | 6.2 | 6.2 | |
| 1959 | 6.0 | 5.9 | 5.6 | 5.2 | 5.1 | 5.0 | 5.1 | 5.2 | 5.5 | 5.7 | 5.8 | 5.3 | |
| 1960 | 5.2 | 4.8 | 5.4 | 5.2 | 5.1 | 5.4 | 5.5 | 5.6 | 5.5 | 6.1 | 6.1 | 6.6 | |
| 1961 | 6.6 | 6.9 | 6.9 | 7.0 | 7.1 | 6.9 | 7.0 | 6.6 | 6.7 | 6.5 | 6.1 | 6.0 | |
| 1962 | 5.8 | 5.5 | 5.6 | 5.6 | 5.5 | 5.5 | 5.4 | 5.7 | 5.6 | 5.4 | 5.7 | 5.5 | |
| 1963 | 5.7 | 5.9 | 5.7 | 5.7 | 5.9 | 5.6 | 5.6 | 5.4 | 5.5 | 5.5 | 5.7 | 5.5 | |
| 1964 | 5.6 | 5.4 | 5.4 | 5.3 | 5.1 | 5.2 | 4.9 | 5.0 | 5.1 | 5.1 | 4.8 | 5.0 | |
| 1965 | 4.9 | 5.1 | 4.7 | 4.8 | 4.6 | 4.6 | 4.4 | 4.4 | 4.3 | 4.2 | 4.1 | 4.0 | |
| 1966 | 4.0 | 3.8 | 3.8 | 3.8 | 3.9 | 3.8 | 3.8 | 3.8 | 3.7 | 3.7 | 3.6 | 3.8 | |
| 1967 | 3.9 | 3.8 | 3.8 | 3.8 | 3.8 | 3.9 | 3.8 | 3.8 | 3.8 | 4.0 | 3.9 | 3.8 | |
| 1968 | 3.7 | 3.8 | 3.7 | 3.5 | 3.5 | 3.7 | 3.7 | 3.5 | 3.4 | 3.4 | 3.4 | 3.4 | |
| 1969 | 3.4 | 3.4 | 3.4 | 3.4 | 3.4 | 3.5 | 3.5 | 3.5 | 3.7 | 3.7 | 3.5 | 3.5 | |
| 1970 | 3.9 | 4.2 | 4.4 | 4.6 | 4.8 | 4.9 | 5.0 | 5.1 | 5.4 | 5.5 | 5.9 | 6.1 | |
| 1971 | 5.9 | 5.9 | 6.0 | 5.9 | 5.9 | 5.9 | 6.0 | 6.1 | 6.0 | 5.8 | 6.0 | 6.0 | |
| 1972 | 5.8 | 5.7 | 5.8 | 5.7 | 5.7 | 5.7 | 5.6 | 5.6 | 5.5 | 5.6 | 5.3 | 5.2 | |
| 1973 | 4.9 | 5.0 | 4.9 | 5.0 | 4.9 | 4.9 | 4.8 | 4.8 | 4.8 | 4.6 | 4.8 | 4.9 | |
| 1974 | 5.1 | 5.2 | 5.1 | 5.1 | 5.1 | 5.4 | 5.5 | 5.5 | 5.9 | 6.0 | 6.6 | 7.2 | |
| 1975 | 8.1 | 8.1 | 8.6 | 8.8 | 9.0 | 8.8 | 8.6 | 8.4 | 8.4 | 8.4 | 8.3 | 8.2 | |
| 1976 | 7.9 | 7.7 | 7.6 | 7.7 | 7.4 | 7.6 | 7.8 | 7.8 | 7.6 | 7.7 | 7.8 | 7.8 | |
| 1977 | 7.5 | 7.6 | 7.4 | 7.2 | 7.0 | 7.2 | 6.9 | 7.0 | 6.8 | 6.8 | 6.8 | 6.4 | |
| 1978 | 6.4 | 6.3 | 6.3 | 6.1 | 6.0 | 5.9 | 6.2 | 5.9 | 6.0 | 5.8 | 5.9 | 6.0 | |
| 1979 | 5.9 | 5.9 | 5.8 | 5.8 | 5.6 | 5.7 | 5.7 | 6.0 | 5.9 | 6.0 | 5.9 | 6.0 | |
| 1980 | 6.3 | 6.3 | 6.3 | 6.9 | 7.5 | 7.6 | 7.8 | 7.7 | 7.5 | 7.5 | 7.5 | 7.2 | |
| 1981 | 7.5 | 7.4 | 7.4 | 7.2 | 7.5 | 7.5 | 7.2 | 7.4 | 7.6 | 7.9 | 8.3 | 8.5 | |
| 1982 | 8.6 | 8.9 | 9.0 | 9.3 | 9.4 | 9.6 | 9.8 | 9.8 | 10.1 | 10.4 | 10.8 | 10.8 | |
| 1983 | 10.4 | 10.4 | 10.3 | 10.2 | 10.1 | 10.1 | 9.4 | 9.5 | 9.2 | 8.8 | 8.5 | 8.3 | |
| 1984 | 8.0 | 7.8 | 7.8 | 7.7 | 7.4 | 7.2 | 7.5 | 7.5 | 7.3 | 7.4 | 7.2 | 7.3 | |
| 1985 | 7.3 | 7.2 | 7.2 | 7.3 | 7.2 | 7.4 | 7.4 | 7.1 | 7.1 | 7.1 | 7.0 | 7.0 | |
| 1986 | 6.7 | 7.2 | 7.2 | 7.1 | 7.2 | 7.2 | 7.0 | 6.9 | 7.0 | 7.0 | 6.9 | 6.6 | |
| 1987 | 6.6 | 6.6 | 6.6 | 6.3 | 6.3 | 6.2 | 6.1 | 6.0 | 5.9 | 6.0 | 5.8 | 5.7 | |
| 1988 | 5.7 | 5.7 | 5.7 | 5.4 | 5.6 | 5.4 | 5.4 | 5.6 | 5.4 | 5.4 | 5.3 | 5.3 | |
| 1989 | 5.4 | 5.2 | 5.0 | 5.2 | 5.2 | 5.3 | 5.2 | 5.2 | 5.3 | 5.3 | 5.4 | 5.4 | |
| 1990 | 5.4 | 5.3 | 5.2 | 5.4 | 5.4 | 5.2 | 5.5 | 5.7 | 5.9 | 5.9 | 6.2 | 6.3 | |
| 1991 | 6.4 | 6.6 | 6.8 | 6.7 | 6.9 | 6.9 | 6.8 | 6.9 | 6.9 | 7.0 | 7.0 | 7.3 | |
| 1992 | 7.3 | 7.4 | 7.4 | 7.4 | 7.6 | 7.8 | 7.7 | 7.6 | 7.6 | 7.3 | 7.4 | 7.4 | |
| 1993 | 7.3 | 7.1 | 7.0 | 7.1 | 7.1 | 7.0 | 6.9 | 6.8 | 6.7 | 6.8 | 6.6 | 6.5 | |
| 1994 | 6.6 | 6.6 | 6.5 | 6.4 | 6.1 | 6.1 | 6.1 | 6.0 | 5.9 | 5.8 | 5.6 | 5.5 | |
| 1995 | 5.6 | 5.4 | 5.4 | 5.8 | 5.6 | 5.6 | 5.7 | 5.7 | 5.6 | 5.5 | 5.6 | 5.6 | |
| 1996 | 5.6 | 5.5 | 5.5 | 5.6 | 5.6 | 5.3 | 5.5 | 5.1 | 5.2 | 5.2 | 5.4 | 5.4 | |
| 1997 | 5.3 | 5.2 | 5.2 | 5.1 | 4.9 | 5.0 | 4.9 | 4.8 | 4.9 | 4.7 | 4.6 | 4.7 | |
| 1998 | 4.6 | 4.6 | 4.7 | 4.3 | 4.4 | 4.5 | 4.5 | 4.5 | 4.6 | 4.5 | 4.4 | 4.4 | |
| 1999 | 4.3 | 4.4 | 4.2 | 4.3 | 4.2 | 4.3 | 4.3 | 4.2 | 4.2 | 4.1 | 4.1 | 4.0 | |
| 2000 | 4.0 | 4.1 | 4.0 | 3.8 | 4.0 | 4.0 | 4.0 | 4.1 | 3.9 | 3.9 | 3.9 | 3.9 | |
| 2001 | 4.2 | 4.2 | 4.3 | 4.4 | 4.3 | 4.5 | 4.6 | 4.9 | 5.0 | 5.3 | 5.5 | 5.7 | |
| 2002 | 5.7 | 5.7 | 5.7 | 5.9 | 5.8 | 5.8 | 5.8 | 5.7 | 5.7 | 5.7 | 5.9 | 6.0 | |
| 2003 | 5.8 | 5.9 | 5.9 | 6.0 | 6.1 | 6.3 | 6.2 | 6.1 | 6.1 | 6.0 | 5.8 | 5.7 | |
| 2004 | 5.7 | 5.6 | 5.8 | 5.6 | 5.6 | 5.6 | 5.5 | 5.4 | 5.4 | 5.5 | 5.4 | 5.4 | |
| 2005 | 5.3 | 5.4 | 5.2 | 5.2 | 5.1 | 5.0 | 5.0 | 4.9 | 5.0 | 5.0 | 5.0 | 4.9 | |
| 2006 | 4.7 | 4.8 | 4.7 | 4.7 | 4.6 | 4.6 | 4.7 | 4.7 | 4.5 | 4.4 | 4.5 | 4.4 | |
| 2007 | 4.6 | 4.5 | 4.4 | 4.5 | 4.4 | 4.6 | 4.7 | 4.6 | 4.7 | 4.7 | 4.7 | 5.0 | |
| 2008 | 5.0 | 4.8 | 5.1 | 4.9 | 5.4 | 5.6 | 5.8 | 6.1 | 6.2 | 6.6 | 6.8 | 7.3 | |
| 2009 | 7.8 | 8.2 | 8.6 | 8.9 | 9.4 | 9.5 | 9.5 | 9.7 | 9.8 | 10.1 | 9.9 | 9.9 | |
| 2010 | 9.7 | 9.7 | 9.7 | 9.8 | 9.6 | 9.5 | 9.5 | 9.6 | 9.6 | 9.7 | 9.8 | 9.4 | |
| 2011 | 9.0 | 8.9 | 8.8 | 9.0 | 9.1 | 9.2 | 9.1 | 9.1 | 9.1 |
Average Weeks Unemployed
Series Id: LNS13008275
Seasonally Adjusted
Series title: (Seas) Average Weeks Unemployed
Labor force status: Unemployed
Type of data: Number of weeks
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1948 | 8.9 | 8.4 | 8.7 | 8.5 | 9.1 | 8.8 | 8.6 | 8.8 | 8.5 | 9.5 | 7.8 | 8.1 | |
| 1949 | 8.2 | 8.3 | 8.3 | 8.8 | 9.1 | 10.0 | 10.8 | 11.0 | 11.7 | 10.9 | 11.6 | 11.8 | |
| 1950 | 11.3 | 11.8 | 12.4 | 12.6 | 12.7 | 13.1 | 12.5 | 12.2 | 12.2 | 12.3 | 10.7 | 10.7 | |
| 1951 | 10.6 | 10.8 | 10.1 | 10.6 | 9.9 | 8.7 | 9.2 | 9.1 | 9.1 | 8.9 | 9.7 | 9.3 | |
| 1952 | 9.3 | 8.8 | 8.4 | 9.0 | 7.8 | 7.3 | 7.5 | 7.6 | 8.1 | 9.1 | 9.5 | 8.8 | |
| 1953 | 9.3 | 8.4 | 8.5 | 7.8 | 7.9 | 8.2 | 7.9 | 8.0 | 7.1 | 7.2 | 7.9 | 8.0 | |
| 1954 | 8.7 | 9.5 | 10.6 | 10.9 | 11.6 | 12.3 | 12.5 | 12.8 | 12.9 | 13.3 | 13.2 | 13.4 | |
| 1955 | 13.4 | 14.2 | 13.4 | 14.3 | 14.4 | 13.4 | 13.8 | 12.3 | 11.7 | 11.5 | 11.3 | 12.0 | |
| 1956 | 11.7 | 12.5 | 11.6 | 11.0 | 10.4 | 10.1 | 10.5 | 12.0 | 11.8 | 11.6 | 10.9 | 11.4 | |
| 1957 | 10.4 | 10.7 | 10.8 | 10.6 | 10.4 | 10.2 | 10.1 | 10.5 | 9.8 | 11.1 | 10.4 | 10.4 | |
| 1958 | 10.5 | 11.0 | 11.2 | 12.1 | 13.1 | 14.4 | 14.6 | 15.7 | 16.5 | 16.5 | 16.4 | 15.7 | |
| 1959 | 16.3 | 15.5 | 15.3 | 14.9 | 14.7 | 14.9 | 14.3 | 13.7 | 13.7 | 12.9 | 13.1 | 13.1 | |
| 1960 | 13.5 | 13.1 | 13.0 | 12.6 | 11.9 | 11.9 | 12.6 | 12.2 | 12.9 | 13.5 | 13.9 | 12.4 | |
| 1961 | 13.7 | 13.6 | 14.1 | 15.5 | 15.6 | 16.2 | 17.3 | 17.0 | 16.1 | 15.9 | 17.0 | 15.8 | |
| 1962 | 15.3 | 16.0 | 15.0 | 14.9 | 15.5 | 15.1 | 14.6 | 14.5 | 14.1 | 14.1 | 13.3 | 13.6 | |
| 1963 | 13.8 | 14.1 | 14.5 | 14.5 | 14.5 | 14.0 | 14.0 | 13.9 | 14.2 | 13.9 | 13.3 | 13.3 | |
| 1964 | 13.5 | 13.2 | 13.5 | 12.4 | 13.6 | 13.6 | 14.7 | 13.0 | 12.7 | 12.6 | 14.0 | 12.7 | |
| 1965 | 12.2 | 12.6 | 12.0 | 11.4 | 11.1 | 11.6 | 11.6 | 11.9 | 11.9 | 12.1 | 11.7 | 11.4 | |
| 1966 | 11.9 | 11.2 | 11.1 | 10.8 | 10.2 | 9.7 | 9.7 | 9.8 | 10.1 | 10.3 | 9.7 | 9.5 | |
| 1967 | 9.3 | 9.2 | 8.9 | 8.8 | 8.7 | 8.3 | 8.3 | 8.9 | 8.4 | 8.7 | 8.9 | 8.6 | |
| 1968 | 9.4 | 8.7 | 8.5 | 8.7 | 8.2 | 7.9 | 8.4 | 8.3 | 8.2 | 8.4 | 8.1 | 8.2 | |
| 1969 | 8.1 | 7.9 | 7.9 | 7.9 | 7.9 | 7.7 | 7.8 | 7.9 | 8.0 | 7.6 | 8.0 | 8.0 | |
| 1970 | 7.9 | 8.0 | 8.3 | 8.2 | 8.6 | 8.6 | 8.9 | 8.8 | 8.9 | 8.7 | 9.3 | 9.8 | |
| 1971 | 10.5 | 10.4 | 10.6 | 10.9 | 11.2 | 11.6 | 11.5 | 11.5 | 11.9 | 12.6 | 12.0 | 11.5 | |
| 1972 | 12.1 | 12.4 | 12.3 | 12.4 | 12.3 | 12.4 | 11.8 | 11.8 | 12.1 | 11.7 | 11.4 | 11.4 | |
| 1973 | 11.0 | 10.5 | 10.6 | 10.0 | 10.1 | 9.6 | 9.6 | 9.8 | 9.4 | 10.2 | 9.9 | 9.5 | |
| 1974 | 9.5 | 9.6 | 9.7 | 9.8 | 9.6 | 9.7 | 9.9 | 9.8 | 9.6 | 9.9 | 9.6 | 10.1 | |
| 1975 | 10.7 | 11.7 | 11.8 | 12.9 | 13.4 | 15.3 | 15.0 | 15.6 | 16.1 | 15.4 | 16.6 | 16.5 | |
| 1976 | 16.6 | 16.3 | 16.5 | 15.9 | 15.0 | 16.9 | 15.7 | 15.6 | 15.2 | 15.2 | 15.3 | 15.1 | |
| 1977 | 15.2 | 14.7 | 14.5 | 14.4 | 14.9 | 14.4 | 14.3 | 13.9 | 14.0 | 13.7 | 13.6 | 13.6 | |
| 1978 | 12.9 | 12.5 | 12.4 | 12.3 | 12.1 | 12.1 | 12.0 | 11.4 | 11.4 | 11.7 | 11.1 | 10.6 | |
| 1979 | 11.1 | 11.2 | 11.7 | 11.0 | 11.1 | 10.4 | 10.3 | 10.6 | 10.5 | 10.5 | 10.6 | 10.8 | |
| 1980 | 10.4 | 10.6 | 11.0 | 11.4 | 10.9 | 11.3 | 11.8 | 12.4 | 12.9 | 13.1 | 13.6 | 13.7 | |
| 1981 | 14.3 | 14.1 | 14.0 | 13.9 | 13.6 | 13.7 | 13.8 | 14.4 | 13.6 | 13.5 | 13.1 | 13.1 | |
| 1982 | 13.4 | 14.1 | 14.1 | 14.5 | 14.9 | 15.7 | 15.4 | 16.2 | 16.6 | 17.2 | 17.1 | 18.1 | |
| 1983 | 19.4 | 19.2 | 19.4 | 19.5 | 20.5 | 20.8 | 21.2 | 20.0 | 20.2 | 20.2 | 19.7 | 19.2 | |
| 1984 | 20.4 | 19.0 | 19.1 | 18.9 | 18.8 | 18.1 | 18.0 | 17.3 | 17.0 | 16.7 | 17.0 | 16.8 | |
| 1985 | 15.9 | 15.9 | 16.1 | 16.4 | 15.3 | 15.5 | 15.5 | 15.3 | 15.3 | 15.3 | 15.7 | 15.1 | |
| 1986 | 14.8 | 15.2 | 14.6 | 14.7 | 14.7 | 15.2 | 15.2 | 15.5 | 15.4 | 15.2 | 15.0 | 15.0 | |
| 1987 | 14.9 | 14.7 | 14.9 | 14.8 | 14.9 | 14.9 | 14.2 | 14.4 | 14.2 | 14.0 | 14.0 | 14.2 | |
| 1988 | 14.2 | 14.4 | 13.7 | 13.3 | 13.8 | 13.1 | 13.4 | 13.6 | 13.6 | 13.4 | 12.6 | 12.9 | |
| 1989 | 12.6 | 12.4 | 12.3 | 12.5 | 12.0 | 11.1 | 11.8 | 11.4 | 11.5 | 11.9 | 11.7 | 11.6 | |
| 1990 | 11.8 | 11.6 | 11.7 | 11.8 | 11.7 | 11.6 | 11.9 | 12.2 | 12.4 | 12.2 | 12.4 | 12.5 | |
| 1991 | 12.2 | 12.7 | 12.9 | 13.5 | 12.9 | 13.7 | 13.8 | 13.9 | 14.0 | 14.4 | 14.8 | 15.4 | |
| 1992 | 16.1 | 16.7 | 17.1 | 17.4 | 17.8 | 18.2 | 18.1 | 18.0 | 18.1 | 18.9 | 17.9 | 19.0 | |
| 1993 | 18.3 | 18.2 | 17.6 | 17.6 | 17.5 | 17.8 | 17.7 | 18.0 | 18.1 | 18.1 | 18.6 | 18.3 | |
| 1994 | 18.6 | 19.0 | 19.0 | 19.0 | 19.5 | 18.8 | 19.0 | 18.8 | 18.7 | 19.3 | 18.0 | 17.8 | |
| 1995 | 17.1 | 17.0 | 17.3 | 17.6 | 17.0 | 15.9 | 16.5 | 16.2 | 16.2 | 16.0 | 16.4 | 16.3 | |
| 1996 | 16.1 | 16.4 | 17.3 | 17.6 | 17.0 | 17.6 | 16.7 | 17.3 | 16.8 | 16.3 | 15.9 | 15.6 | |
| 1997 | 16.0 | 15.8 | 15.5 | 15.6 | 15.4 | 15.5 | 16.4 | 16.0 | 15.9 | 16.1 | 15.4 | 15.9 | |
| 1998 | 15.6 | 15.4 | 14.5 | 14.7 | 14.7 | 14.1 | 14.1 | 13.7 | 14.4 | 14.1 | 14.5 | 14.0 | |
| 1999 | 13.4 | 13.8 | 13.4 | 13.3 | 13.4 | 14.3 | 13.6 | 13.1 | 13.1 | 13.3 | 12.9 | 12.9 | |
| 2000 | 13.1 | 12.6 | 12.7 | 12.4 | 12.6 | 12.3 | 13.4 | 12.9 | 12.2 | 12.7 | 12.4 | 12.5 | |
| 2001 | 12.7 | 12.8 | 12.8 | 12.4 | 12.1 | 12.7 | 12.9 | 13.3 | 13.2 | 13.3 | 14.3 | 14.5 | |
| 2002 | 14.7 | 15.0 | 15.4 | 16.3 | 16.8 | 16.9 | 16.9 | 16.5 | 17.6 | 17.8 | 17.6 | 18.5 | |
| 2003 | 18.5 | 18.5 | 18.1 | 19.4 | 19.0 | 19.9 | 19.7 | 19.2 | 19.5 | 19.3 | 19.9 | 19.8 | |
| 2004 | 19.9 | 20.1 | 19.8 | 19.6 | 19.8 | 20.5 | 18.8 | 18.8 | 19.4 | 19.5 | 19.7 | 19.4 | |
| 2005 | 19.5 | 19.1 | 19.5 | 19.6 | 18.6 | 17.9 | 17.6 | 18.4 | 17.9 | 17.9 | 17.5 | 17.5 | |
| 2006 | 16.9 | 17.8 | 17.1 | 16.7 | 17.1 | 16.6 | 17.1 | 17.1 | 17.1 | 16.3 | 16.2 | 16.1 | |
| 2007 | 16.3 | 16.7 | 17.8 | 17.0 | 16.7 | 16.5 | 17.2 | 17.0 | 16.3 | 17.0 | 17.2 | 16.6 | |
| 2008 | 17.5 | 16.9 | 16.5 | 16.9 | 16.7 | 17.2 | 17.0 | 17.7 | 18.6 | 19.9 | 18.8 | 19.8 | |
| 2009 | 19.9 | 20.1 | 20.9 | 21.6 | 22.6 | 24.1 | 25.2 | 25.3 | 26.6 | 27.3 | 28.8 | 29.3 | |
| 2010 | 30.5 | 29.8 | 31.7 | 33.1 | 34.3 | 34.8 | 33.9 | 33.5 | 33.4 | 33.9 | 33.9 | 34.2 | |
| 2011 | 36.9 | 37.1 | 39.0 | 38.3 | 39.7 | 39.9 | 40.4 | 40.3 | 40.5 |
Total Unemployment Rate (U-6)
Series Id: LNS13327709
Seasonally Adjusted
Series title: (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers
Labor force status: Aggregated totals unemployed
Type of data: Percent or rate
Age: 16 years and over
Percent/rates: Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1994 | 11.8 | 11.4 | 11.4 | 11.2 | 10.8 | 10.9 | 10.7 | 10.5 | 10.4 | 10.3 | 10.1 | 10.0 | |
| 1995 | 10.2 | 9.9 | 9.9 | 10.0 | 10.0 | 10.1 | 10.1 | 10.0 | 10.1 | 9.9 | 10.0 | 10.0 | |
| 1996 | 9.8 | 10.0 | 9.8 | 9.9 | 9.7 | 9.6 | 9.7 | 9.3 | 9.4 | 9.4 | 9.3 | 9.5 | |
| 1997 | 9.4 | 9.4 | 9.1 | 9.2 | 8.8 | 8.8 | 8.6 | 8.6 | 8.7 | 8.4 | 8.3 | 8.4 | |
| 1998 | 8.4 | 8.4 | 8.4 | 7.9 | 7.9 | 8.0 | 8.1 | 7.9 | 7.9 | 7.8 | 7.6 | 7.6 | |
| 1999 | 7.7 | 7.7 | 7.6 | 7.6 | 7.4 | 7.5 | 7.5 | 7.3 | 7.4 | 7.2 | 7.1 | 7.1 | |
| 2000 | 7.1 | 7.2 | 7.1 | 6.9 | 7.1 | 7.0 | 7.0 | 7.1 | 7.0 | 6.8 | 7.1 | 6.9 | |
| 2001 | 7.3 | 7.4 | 7.3 | 7.4 | 7.5 | 7.9 | 7.8 | 8.1 | 8.7 | 9.3 | 9.4 | 9.6 | |
| 2002 | 9.5 | 9.5 | 9.4 | 9.7 | 9.5 | 9.5 | 9.6 | 9.6 | 9.6 | 9.6 | 9.7 | 9.8 | |
| 2003 | 10.0 | 10.2 | 10.0 | 10.2 | 10.1 | 10.3 | 10.3 | 10.1 | 10.4 | 10.2 | 10.0 | 9.8 | |
| 2004 | 9.9 | 9.7 | 10.0 | 9.6 | 9.6 | 9.5 | 9.5 | 9.4 | 9.4 | 9.7 | 9.4 | 9.2 | |
| 2005 | 9.3 | 9.3 | 9.1 | 8.9 | 8.9 | 9.0 | 8.8 | 8.9 | 9.0 | 8.7 | 8.7 | 8.6 | |
| 2006 | 8.4 | 8.4 | 8.2 | 8.1 | 8.2 | 8.4 | 8.5 | 8.4 | 8.0 | 8.2 | 8.1 | 7.9 | |
| 2007 | 8.4 | 8.1 | 8.0 | 8.2 | 8.2 | 8.3 | 8.4 | 8.5 | 8.4 | 8.4 | 8.5 | 8.8 | |
| 2008 | 9.1 | 8.9 | 9.0 | 9.2 | 9.7 | 10.1 | 10.5 | 10.9 | 11.2 | 11.9 | 12.7 | 13.6 | |
| 2009 | 14.1 | 15.0 | 15.6 | 15.8 | 16.4 | 16.6 | 16.5 | 16.8 | 17.0 | 17.4 | 17.1 | 17.2 | |
| 2010 | 16.5 | 16.8 | 16.8 | 17.0 | 16.5 | 16.5 | 16.5 | 16.7 | 17.1 | 17.0 | 17.0 | 16.7 | |
| 2011 | 16.1 | 15.9 | 15.7 | 15.9 | 15.8 | 16.2 | 16.1 | 16.2 | 16.5 |
Labor Force Participation Rate
Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1948 | 58.6 | 58.9 | 58.5 | 59.0 | 58.3 | 59.2 | 59.3 | 58.9 | 58.9 | 58.7 | 58.7 | 59.1 | |
| 1949 | 58.7 | 59.0 | 58.9 | 58.8 | 59.0 | 58.6 | 58.9 | 59.2 | 59.1 | 59.6 | 59.4 | 59.2 | |
| 1950 | 58.9 | 58.9 | 58.8 | 59.2 | 59.1 | 59.4 | 59.1 | 59.5 | 59.2 | 59.4 | 59.3 | 59.2 | |
| 1951 | 59.1 | 59.1 | 59.8 | 59.1 | 59.4 | 59.0 | 59.4 | 59.2 | 59.1 | 59.4 | 59.2 | 59.6 | |
| 1952 | 59.5 | 59.5 | 58.9 | 58.8 | 59.1 | 59.1 | 58.9 | 58.7 | 59.2 | 58.7 | 59.1 | 59.2 | |
| 1953 | 59.5 | 59.5 | 59.6 | 59.1 | 58.6 | 58.9 | 58.9 | 58.6 | 58.5 | 58.5 | 58.6 | 58.3 | |
| 1954 | 58.6 | 59.3 | 59.1 | 59.2 | 58.9 | 58.5 | 58.4 | 58.7 | 59.2 | 58.8 | 58.6 | 58.1 | |
| 1955 | 58.6 | 58.4 | 58.5 | 59.0 | 58.8 | 58.8 | 59.3 | 59.7 | 59.7 | 59.8 | 59.9 | 60.2 | |
| 1956 | 60.2 | 59.9 | 59.8 | 59.9 | 60.2 | 60.1 | 60.1 | 60.0 | 60.0 | 59.8 | 59.8 | 59.8 | |
| 1957 | 59.5 | 59.9 | 59.8 | 59.5 | 59.5 | 59.8 | 60.0 | 59.3 | 59.6 | 59.5 | 59.5 | 59.6 | |
| 1958 | 59.3 | 59.3 | 59.3 | 59.6 | 59.8 | 59.5 | 59.6 | 59.8 | 59.7 | 59.6 | 59.2 | 59.2 | |
| 1959 | 59.3 | 59.0 | 59.3 | 59.4 | 59.2 | 59.2 | 59.4 | 59.2 | 59.3 | 59.4 | 59.1 | 59.5 | |
| 1960 | 59.1 | 59.1 | 58.5 | 59.5 | 59.5 | 59.7 | 59.5 | 59.5 | 59.7 | 59.4 | 59.8 | 59.7 | |
| 1961 | 59.6 | 59.6 | 59.7 | 59.3 | 59.4 | 59.7 | 59.3 | 59.3 | 59.0 | 59.1 | 59.1 | 58.8 | |
| 1962 | 58.8 | 59.0 | 58.9 | 58.7 | 58.9 | 58.8 | 58.5 | 59.0 | 59.0 | 58.7 | 58.5 | 58.4 | |
| 1963 | 58.6 | 58.6 | 58.6 | 58.8 | 58.8 | 58.5 | 58.7 | 58.5 | 58.7 | 58.8 | 58.8 | 58.5 | |
| 1964 | 58.6 | 58.8 | 58.7 | 59.1 | 59.1 | 58.7 | 58.6 | 58.6 | 58.7 | 58.6 | 58.5 | 58.6 | |
| 1965 | 58.6 | 58.7 | 58.7 | 58.8 | 59.0 | 58.8 | 59.1 | 58.9 | 58.7 | 58.9 | 58.8 | 59.0 | |
| 1966 | 59.0 | 58.8 | 58.8 | 59.0 | 59.0 | 59.1 | 59.1 | 59.3 | 59.3 | 59.3 | 59.6 | 59.5 | |
| 1967 | 59.5 | 59.3 | 59.1 | 59.4 | 59.3 | 59.6 | 59.6 | 59.7 | 59.7 | 59.9 | 59.8 | 59.9 | |
| 1968 | 59.2 | 59.6 | 59.6 | 59.5 | 59.9 | 60.0 | 59.8 | 59.6 | 59.5 | 59.5 | 59.6 | 59.7 | |
| 1969 | 59.6 | 60.0 | 59.9 | 60.0 | 59.8 | 60.1 | 60.1 | 60.3 | 60.3 | 60.4 | 60.2 | 60.2 | |
| 1970 | 60.4 | 60.4 | 60.6 | 60.6 | 60.3 | 60.2 | 60.4 | 60.3 | 60.2 | 60.4 | 60.4 | 60.4 | |
| 1971 | 60.4 | 60.1 | 60.0 | 60.1 | 60.2 | 59.8 | 60.1 | 60.2 | 60.1 | 60.1 | 60.4 | 60.4 | |
| 1972 | 60.2 | 60.2 | 60.5 | 60.4 | 60.4 | 60.4 | 60.4 | 60.6 | 60.4 | 60.3 | 60.3 | 60.5 | |
| 1973 | 60.0 | 60.5 | 60.8 | 60.8 | 60.6 | 60.9 | 60.9 | 60.7 | 60.8 | 60.9 | 61.2 | 61.2 | |
| 1974 | 61.3 | 61.4 | 61.3 | 61.1 | 61.2 | 61.2 | 61.4 | 61.2 | 61.4 | 61.3 | 61.3 | 61.2 | |
| 1975 | 61.4 | 61.0 | 61.2 | 61.3 | 61.5 | 61.2 | 61.3 | 61.3 | 61.2 | 61.2 | 61.1 | 61.1 | |
| 1976 | 61.3 | 61.3 | 61.3 | 61.6 | 61.5 | 61.5 | 61.8 | 61.8 | 61.6 | 61.6 | 61.9 | 61.8 | |
| 1977 | 61.6 | 61.9 | 62.0 | 62.1 | 62.2 | 62.4 | 62.1 | 62.3 | 62.3 | 62.4 | 62.8 | 62.7 | |
| 1978 | 62.8 | 62.7 | 62.8 | 63.0 | 63.1 | 63.3 | 63.2 | 63.2 | 63.3 | 63.3 | 63.5 | 63.6 | |
| 1979 | 63.6 | 63.8 | 63.8 | 63.5 | 63.3 | 63.5 | 63.6 | 63.6 | 63.8 | 63.7 | 63.7 | 63.9 | |
| 1980 | 64.0 | 64.0 | 63.7 | 63.8 | 63.9 | 63.7 | 63.8 | 63.7 | 63.6 | 63.7 | 63.8 | 63.6 | |
| 1981 | 63.9 | 63.9 | 64.1 | 64.2 | 64.3 | 63.7 | 63.8 | 63.8 | 63.5 | 63.8 | 63.9 | 63.6 | |
| 1982 | 63.7 | 63.8 | 63.8 | 63.9 | 64.2 | 63.9 | 64.0 | 64.1 | 64.1 | 64.1 | 64.2 | 64.1 | |
| 1983 | 63.9 | 63.8 | 63.7 | 63.8 | 63.7 | 64.3 | 64.1 | 64.3 | 64.3 | 64.0 | 64.1 | 64.1 | |
| 1984 | 63.9 | 64.1 | 64.1 | 64.3 | 64.5 | 64.6 | 64.6 | 64.4 | 64.4 | 64.4 | 64.5 | 64.6 | |
| 1985 | 64.7 | 64.7 | 64.9 | 64.9 | 64.8 | 64.6 | 64.7 | 64.6 | 64.9 | 65.0 | 64.9 | 65.0 | |
| 1986 | 64.9 | 65.0 | 65.1 | 65.1 | 65.2 | 65.4 | 65.4 | 65.3 | 65.4 | 65.4 | 65.4 | 65.3 | |
| 1987 | 65.4 | 65.5 | 65.5 | 65.4 | 65.7 | 65.5 | 65.6 | 65.7 | 65.5 | 65.7 | 65.7 | 65.7 | |
| 1988 | 65.8 | 65.9 | 65.7 | 65.8 | 65.7 | 65.8 | 65.9 | 66.1 | 65.9 | 66.0 | 66.2 | 66.1 | |
| 1989 | 66.5 | 66.3 | 66.3 | 66.4 | 66.3 | 66.5 | 66.5 | 66.5 | 66.4 | 66.5 | 66.6 | 66.5 | |
| 1990 | 66.8 | 66.7 | 66.7 | 66.6 | 66.6 | 66.4 | 66.5 | 66.5 | 66.4 | 66.4 | 66.4 | 66.4 | |
| 1991 | 66.2 | 66.2 | 66.3 | 66.4 | 66.2 | 66.2 | 66.1 | 66.0 | 66.2 | 66.1 | 66.1 | 66.0 | |
| 1992 | 66.3 | 66.2 | 66.4 | 66.5 | 66.6 | 66.7 | 66.7 | 66.6 | 66.5 | 66.2 | 66.3 | 66.3 | |
| 1993 | 66.2 | 66.2 | 66.2 | 66.1 | 66.4 | 66.5 | 66.4 | 66.4 | 66.2 | 66.3 | 66.3 | 66.4 | |
| 1994 | 66.6 | 66.6 | 66.5 | 66.5 | 66.6 | 66.4 | 66.4 | 66.6 | 66.6 | 66.7 | 66.7 | 66.7 | |
| 1995 | 66.8 | 66.8 | 66.7 | 66.9 | 66.5 | 66.5 | 66.6 | 66.6 | 66.6 | 66.6 | 66.5 | 66.4 | |
| 1996 | 66.4 | 66.6 | 66.6 | 66.7 | 66.7 | 66.7 | 66.9 | 66.7 | 66.9 | 67.0 | 67.0 | 67.0 | |
| 1997 | 67.0 | 66.9 | 67.1 | 67.1 | 67.1 | 67.1 | 67.2 | 67.2 | 67.1 | 67.1 | 67.2 | 67.2 | |
| 1998 | 67.1 | 67.1 | 67.1 | 67.0 | 67.0 | 67.0 | 67.0 | 67.0 | 67.2 | 67.2 | 67.1 | 67.2 | |
| 1999 | 67.2 | 67.2 | 67.0 | 67.1 | 67.1 | 67.1 | 67.1 | 67.0 | 67.0 | 67.0 | 67.1 | 67.1 | |
| 2000 | 67.3 | 67.3 | 67.3 | 67.3 | 67.1 | 67.1 | 66.9 | 66.9 | 66.9 | 66.8 | 66.9 | 67.0 | |
| 2001 | 67.2 | 67.1 | 67.2 | 66.9 | 66.7 | 66.7 | 66.8 | 66.5 | 66.8 | 66.7 | 66.7 | 66.7 | |
| 2002 | 66.5 | 66.8 | 66.6 | 66.7 | 66.7 | 66.6 | 66.5 | 66.6 | 66.7 | 66.6 | 66.4 | 66.3 | |
| 2003 | 66.4 | 66.4 | 66.3 | 66.4 | 66.4 | 66.5 | 66.2 | 66.1 | 66.1 | 66.1 | 66.1 | 65.9 | |
| 2004 | 66.1 | 66.0 | 66.0 | 65.9 | 66.0 | 66.1 | 66.1 | 66.0 | 65.8 | 65.9 | 66.0 | 65.9 | |
| 2005 | 65.8 | 65.9 | 65.9 | 66.1 | 66.1 | 66.1 | 66.1 | 66.2 | 66.1 | 66.1 | 66.0 | 66.0 | |
| 2006 | 66.0 | 66.1 | 66.2 | 66.1 | 66.1 | 66.2 | 66.1 | 66.2 | 66.1 | 66.2 | 66.3 | 66.4 | |
| 2007 | 66.4 | 66.3 | 66.2 | 65.9 | 66.0 | 66.0 | 66.0 | 65.8 | 66.0 | 65.8 | 66.0 | 66.0 | |
| 2008 | 66.2 | 66.0 | 66.1 | 65.9 | 66.1 | 66.1 | 66.0 | 66.1 | 66.0 | 66.0 | 65.8 | 65.8 | |
| 2009 | 65.7 | 65.7 | 65.6 | 65.6 | 65.7 | 65.7 | 65.5 | 65.4 | 65.1 | 65.1 | 65.0 | 64.7 | |
| 2010 | 64.8 | 64.8 | 64.9 | 65.1 | 64.9 | 64.7 | 64.6 | 64.7 | 64.7 | 64.5 | 64.5 | 64.3 | |
| 2011 | 64.2 | 64.2 | 64.2 | 64.2 | 64.2 | 64.1 | 63.9 | 64.0 | 64.2 |
Employment Situation Summary
Transmission of material in this release is embargoed USDL-11-1441
until 8:30 a.m. (EDT) Friday, October 7, 2011
Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces
Media contact: (202) 691-5902 * PressOffice@bls.gov
THE EMPLOYMENT SITUATION -- SEPTEMBER 2011
Nonfarm payroll employment edged up by 103,000 in September, and the unemployment
rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. The
increase in employment partially reflected the return to payrolls of about 45,000
telecommunications workers who had been on strike in August. In September, job gains
occurred in professional and business services, health care, and construction.
Government employment continued to trend down.
Household Survey Data
The number of unemployed persons, at 14.0 million, was essentially unchanged in
September, and the unemployment rate was 9.1 percent. Since April, the rate has held
in a narrow range from 9.0 to 9.2 percent. (See table A-1.)
Among the major worker groups, the unemployment rates for adult men (8.8 percent),
adult women (8.1 percent), teenagers (24.6 percent), whites (8.0 percent), blacks
(16.0 percent), and Hispanics (11.3 percent) showed little or no change in September.
The jobless rate for Asians was 7.8 percent, not seasonally adjusted. (See tables A-1,
A-2, and A-3.)
The number of long-term unemployed (those jobless for 27 weeks and over) was 6.2
million in September. These individuals accounted for 44.6 percent of the unemployed.
(See table A-12.)
Both the labor force and employment increased in September. However, the civilian
labor force participation rate, at 64.2 percent, and the employment-population ratio,
at 58.3 percent, were little changed. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to
as involuntary part-time workers) rose to 9.3 million in September. These individuals
were working part time because their hours had been cut back or because they were
unable to find a full-time job. (See table A-8.)
In September, about 2.5 million persons were marginally attached to the labor force,
about the same as a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labor force, wanted and were available for work, and had
looked for a job sometime in the prior 12 months. They were not counted as unemployed
because they had not searched for work in the 4 weeks preceding the survey. (See table
A-16.)
Among the marginally attached, there were 1.0 million discouraged workers in September,
down by 172,000 from a year earlier. (The data are not seasonally adjusted.)
Discouraged workers are persons not currently looking for work because they believe
no jobs are available for them. The remaining 1.5 million persons marginally attached
to the labor force in September had not searched for work in the 4 weeks preceding the
survey for reasons such as school attendance or family responsibilities. (See table
A-16.)
Establishment Survey Data
Total nonfarm payroll employment edged up by 103,000 in September. Since April, payroll
employment has increased by an average of 72,000 per month, compared with an average
of 161,000 for the prior 7 months. In September, job gains occurred in professional
and business services, health care, and construction. Government employment continued
to trend down. (See table B-1.)
Employment in professional and business services increased by 48,000 over the month and
has grown by 897,000 since a recent low in September 2009. Employment in temporary help
services edged up in September; this industry has added 53,000 jobs over the past 3
months. In September, employment growth continued in computer systems design and in
management and technical consulting services.
Health care employment continued to expand in September, with an increase of 44,000.
Within the industry, job gains occurred in ambulatory health care services (+26,000)
and in hospitals (+13,000).
Construction employment increased by 26,000 over the month, after showing little
movement since February. The over-the-month gain was due to employment increases in the
nonresidential construction industries, which includes heavy and civil construction.
Mining employment continued to trend up in September.
Employment in information was up by 34,000 over the month due to the return of about
45,000 telecommunications workers to payrolls after an August strike.
Manufacturing employment changed little in September (-13,000) and has been essentially
flat for the past 2 months.
Within retail trade, employment declined in electronic and appliance stores (-9,000)
in September. Employment in wholesale trade, transportation and warehousing, financial
activities, and leisure and hospitality changed little.
Government employment continued to trend down over the month (-34,000). The U.S.
Postal Service continued to lose jobs (-5,000). Local government employment declined
by 35,000 and has fallen by 535,000 since September 2008.
The average workweek for all employees on private nonfarm payrolls edged up by 0.1
hour over the month to 34.3 hours following a decrease of 0.1 hour in August. The
manufacturing workweek edged down by 0.1 hour in September to 40.2 hours. Factory
overtime increased by 0.1 hour to 3.2 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.6 hours
in September. (See tables B-2 and B-7.)
In September, average hourly earnings for all employees on private nonfarm payrolls
increased by 4 cents, or 0.2 percent, to $23.12. This increase followed a decline of
4 cents in August. Over the past 12 months, average hourly earnings have increased by
1.9 percent. In September, average hourly earnings of private-sector production and
nonsupervisory employees increased by 3 cents, or 0.2 percent, to $19.52. (See tables
B-3 and B-8.)
The change in total nonfarm payroll employment for July was revised from +85,000 to
+127,000, and the change for August was revised from 0 to +57,000.
_____________
The Employment Situation for October is scheduled to be released on Friday, November 4,
2011, at 8:30 a.m. (EDT).
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