Lying Lunatic Left Lame-stream Losers: CNBC — Winners: Cruz, Rubio, Paul, Carson and Trump — Losers: Bush and Kasich — 2016 Republican Candidates Debate — October 28, 2015 — Boulder, Colorado — New House Speaker Paul Ryan — Videos

Posted on October 28, 2015. Filed under: American History, Babies, Banking, Blogroll, College, Communications, Computers, Computers, Congress, Constitution, Corruption, Crisis, Documentary, Economics, Education, Elections, Employment, Faith, Family, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, Freedom, Friends, government, government spending, Health Care, history, Homes, Immigration, Inflation, Internal Revenue Service (IRS), Investments, IRS, Law, Legal, liberty, Life, Links, Macroeconomics, media, Microeconomics, Middle East, Monetary Policy, Money, Money, Narcissism, Newspapers, Obamacare, People, Philosophy, Photos, Political Correctness, Politics, Presidential Candidates, Press, Private Sector, Psychology, Public Sector, Radio, Radio, Rants, Raves, Regulations, Security, Strategy, Talk Radio, Tax Policy, Taxation, Taxes, Technology, Television, Terrorism, Trade Policiy, Unemployment, Unions, Video, War, Wealth, Welfare, Wisdom, Work, Writing | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 564: October 29, 2015 

Pronk Pops Show 563: October 28, 2015 

Pronk Pops Show 562: October 27, 2015 

Pronk Pops Show 561: October 26, 2015 

Pronk Pops Show 560: October 23, 2015

Pronk Pops Show 559: October 22, 2015 

Pronk Pops Show 558: October 21, 2015

Pronk Pops Show 557: October 20, 2015 

Pronk Pops Show 556: October 19, 2015

Pronk Pops Show 555: October 16, 2015

Pronk Pops Show 554: October 15, 2015 

Pronk Pops Show 553: October 14, 2015

Pronk Pops Show 552: October 13, 2015 

Pronk Pops Show 551: October 12, 2015 

Pronk Pops Show 550: October 9, 2015 

Pronk Pops Show 549: October 8, 2015 

Pronk Pops Show 548: October 7, 2015 

Pronk Pops Show 547: October 5, 2015

Pronk Pops Show 546: October 2, 2015 

Pronk Pops Show 545: October 1, 2015 

Pronk Pops Show 544: September 30, 2015 

Pronk Pops Show 543: September 29, 2015 

Pronk Pops Show 542: September 28, 2015 

Pronk Pops Show 541: September 25, 2015 

Pronk Pops Show 540: September 24, 2015 

Pronk Pops Show 539: September 23, 2015 

Pronk Pops Show 538: September 22, 2015 

Pronk Pops Show 537: September 21, 2015 

Pronk Pops Show 536: September 18, 2015 

Pronk Pops Show 535: September 17, 2015 

Pronk Pops Show 534: September 16, 2015 

Pronk Pops Show 533: September 15, 2015  

Pronk Pops Show 532: September 14, 2015 

Pronk Pops Show 531: September 11, 2015

Pronk Pops Show 530: September 10, 2015 

Pronk Pops Show 529: September 9, 2015 

Pronk Pops Show 528: September 8, 2015 

Pronk Pops Show 527: September 4, 2015 

Pronk Pops Show 526: September 3, 2015  

Pronk Pops Show 525: September 2, 2015 

Pronk Pops Show 524: August 31, 2015  

Pronk Pops Show 523: August 27, 2015  

Pronk Pops Show 522: August 26, 2015 

Pronk Pops Show 521: August 25, 2015 

Pronk Pops Show 520: August 24, 2015 

Pronk Pops Show 519: August 21, 2015 

Pronk Pops Show 518: August 20, 2015  

Pronk Pops Show 517: August 19, 2015 

Pronk Pops Show 516: August 18, 2015

Pronk Pops Show 515: August 17, 2015

Pronk Pops Show 514: August 14, 2015

Pronk Pops Show 513: August 13, 2015

Pronk Pops Show 512: August 12, 2015

Pronk Pops Show 511: August 11, 2015

Pronk Pops Show 510: August 10, 2015

Pronk Pops Show 509: July 24, 2015

Pronk Pops Show 508: July 20, 2015

Pronk Pops Show 507: July 17, 2015

Pronk Pops Show 506: July 16, 2015

Pronk Pops Show 505: July 15, 2015

Pronk Pops Show 504: July 14, 2015

Pronk Pops Show 503: July 13, 2015

Pronk Pops Show 502: July 10, 2015

Pronk Pops Show 501: July 9, 2015

Pronk Pops Show 500: July 8, 2015

Pronk Pops Show 499: July 6, 2015

Pronk Pops Show 498: July 2, 2015

Pronk Pops Show 497: July 1, 2015

Story 1: Lying Lunatic Left Lame-stream Losers: CNBC  — Winners: Cruz, Rubio, Paul, Carson and Trump — Losers: Bush and Kasich — 2016 Republican Candidates Debate — October 28, 2015 — Boulder, Colorado — New House Speaker Paul Ryan — Videos

Lying Lunatic Left Lame-stream Losers

Carl Quintanilla, Becky Quick, and especially John Harwood

cnbc-gop-debate-moderators-1024x682cnbc-moderators-debate

The Winners

Cruz, Rubio, Paul, Carson and Trump

the winners

 Real Losers: Jeb Bush and John Kasich–  Next Out?

Democratic presidential candidate Hillary Clinton greets a supporter following her address at the 18th Annual David N. Dinkins Leadership and Public Policy Forum at Columbia University in New York April 29, 2015. (REUTERS/Brendan McDermid)

House Speaker Paul Ryan

paulryanspeaker

GOP Debate: Main Event (Full Debate) | CNBC

Ted Cruz Shames CNBC Debate Moderators • 10/28/15 •

Are We Really Talking About Fantasy Football? • Chris Christie • GOP Debate • 10/28/15 •

Jeb Bush and Marco Rubio spar over Rubio’s congressional attendance record

Rand Paul on Raising the Debt Ceiling | Republican Debate

Ben Carson Says PC Culture is Destroying America

Donald Trump Closing Remarks During 3rd Republican Debate

Donald Trump says he negotiated the length of the debate from 3 hours down to 2 hours during his final statement at the end of the 3rd Republican Presidential Debate on CNBC.

The Republican debate

10 28 15 Luntz Focus Group After 3rd GOP Debate Segment 1

Did Marco Rubio Win The 3dr GOP Debate? Full Kelly File Segment.

O’Reilly On Trump: ‘Maybe This Is His New Style A Bit Low Key’

Must-see moments from the CNBC GOP debate (FULL VIDEO)

O’Reilly: ‘Jeb Bush Is Done, But He Has Cool Things To Do’ Post GOP Debate Recap

O’Reilly Recaps GOP Debate With Brit Hume 10.28.15

Paul Ryan Sworn In As New Speaker Of The House

Call It Like It Is: Marco Rubio Is Just Better At This Than Jeb Bush

FULL CNBC GOP DEBATE Part 8: Round 2 Republican Presidential Debate 10/28/2015

Texas Senator Ted Cruz Attacks CNBC Moderators- Presidential Debate

Rand Paul Opening Statement Republican Debate

Rand Paul on Medcaid and Medicare | Republican Debate

GOP presidential debate Highlights October 2015 #GOPDebate

FULL Rand Paul Highlights Republican Debate

Rand Paul Closing Statement | Republican Debate

Donald Trump Closing Statement At GOP Republican Presidential Debate On CNBC October 28, 2015

Donald Trump Interview after 3rd GOP Debate VIDEO CNBC Presidential Debate GOP

Donald Trump vs John Kasich At Gop Debate. Kasich Tears Into Trump, Carson:

Lamestream GOP Moderators’ Total Debate Fail

MEDIA SCOUNDRELS

By Lloyd Grove

When Rand Paul asked for the rules about who was allowed to respond to a rival candidate’s statement, Quick informed him, “It’s at the discretion of the moderators.”

It was not an answer guaranteed to instill the participants’—or, for that matter, the viewers’—confidence in the fairness and balance of the occasion.

Speaking of which, Fox News, unsurprisingly, had a field day with CNBC’s treatment of the candidates.

“This is the most appalling performance by the moderators,” Charles Krauthammer opined, “that I can ever remember seeing.”

Republican talking point virtuoso Sean Hannity declared: “The candidates combined beat the moderators, who were taking the Democratic Party line.”

“This a horrible night for the news media,” Hannity added—and, for once, I agreed with him.

The trouble started with the very first question, Quintanilla cutely asked each candidate, as though they were in a job interview, to admit to a weakness of character or somesuch.

It was a gimmicky and rather puerile inquiry, of course, and predictably few of the contenders even bothered to address it. Bush conceded he was probably a little too impatient. Trump claimed he was a little too trusting, and then bitterly unforgiving when betrayed. Carly Fiorina—grinning winsomely for laughs—revealed she was advised to smile more during debates.

Quick, meanwhile, got blindsided when she asked Trump about something he supposedly said about Facebook chief Mark Zuckerberg’s immigration policies, and Trump told her he never said it.

“So where did that come from?” Quick pleaded lamely.

“I don’t know. You people write this stuff,” Trump retorted, to laughter.

Harwood, who also writes for The New York Times, came in for particular criticism from the candidates—and with justice. He came across as a sort of grand inquisitor and took on the severe and scolding tone of an irritated headmaster with candidates who spoke beyond their 60-second allotment.

“John, do you want me to answer or do you want to answer?” Christie chided after Harwood interrupted him. “Gotta tell ya, even in New Jersey what you’re doing is called ‘rude.’”

Toward the end, when each contender was invited to deliver a 30-second closing pitch, Trump used his time to congratulate himself and Ben Carson for negotiating with CNBC to pare down the debate from 3½ hours to 2 hours “so we can all get the hell out of here.”

Trump argued that it’s just those sorts of negotiating skills that he’ll employ as president to make America great again.

“Just for the record,” Harwood felt compelled to chime in, “it was always going to be two hours.”

“That is not right,” Trump shot back, basically calling Harwood a liar. “You know that is not right.”

All in all, the night offered a harsh lesson for future debate moderators: Go ahead and pose tough questions, but get your facts straight, don’t be snarky, and don’t, on any account, debate the pros

http://www.thedailybeast.com/articles/2015/10/29/lamestream-cnbc-moderators-blamed-for-gop-debate-debacle.html

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Show 556-564

Listen To Pronk Pops Podcast or Download Show 546-555

Listen To Pronk Pops Podcast or Download Show 538-545

Listen To Pronk Pops Podcast or Download Show 532-537

Listen To Pronk Pops Podcast or Download Show 526-531

Listen To Pronk Pops Podcast or Download Show 519-525

Listen To Pronk Pops Podcast or Download Show 510-518

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Listen To Pronk Pops Podcast or Download Show 490-499

Listen To Pronk Pops Podcast or Download Show 480-489

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Listen To Pronk Pops Podcast or Download Show 455-463

Listen To Pronk Pops Podcast or Download Show 447-454

Listen To Pronk Pops Podcast or Download Show 439-446

Listen To Pronk Pops Podcast or Download Show 431-438

Listen To Pronk Pops Podcast or Download Show 422-430

Listen To Pronk Pops Podcast or Download Show 414-421

Listen To Pronk Pops Podcast or Download Show 408-413

Listen To Pronk Pops Podcast or Download Show 400-407

Listen To Pronk Pops Podcast or Download Show 391-399

Listen To Pronk Pops Podcast or Download Show 383-390

Listen To Pronk Pops Podcast or Download Show 376-382

Listen To Pronk Pops Podcast or Download Show 369-375

Listen To Pronk Pops Podcast or Download Show 360-368

Listen To Pronk Pops Podcast or Download Show 354-359

Listen To Pronk Pops Podcast or Download Show 346-353

Listen To Pronk Pops Podcast or Download Show 338-345

Listen To Pronk Pops Podcast or Download Show 328-337

Listen To Pronk Pops Podcast or Download Show 319-327

Listen To Pronk Pops Podcast or Download Show 307-318

Listen To Pronk Pops Podcast or Download Show 296-306

Listen To Pronk Pops Podcast or Download Show 287-295

Listen To Pronk Pops Podcast or Download Show 277-286

Listen To Pronk Pops Podcast or Download Show 264-276

Listen To Pronk Pops Podcast or Download Show 250-263

Listen To Pronk Pops Podcast or Download Show 236-249

Listen To Pronk Pops Podcast or Download Show 222-235

Listen To Pronk Pops Podcast or Download Show 211-221

Listen To Pronk Pops Podcast or Download Show 202-210

Listen To Pronk Pops Podcast or Download Show 194-201

Listen To Pronk Pops Podcast or Download Show 184-193

Listen To Pronk Pops Podcast or Download Show 174-183

Listen To Pronk Pops Podcast or Download Show 165-173

Listen To Pronk Pops Podcast or Download Show 158-164

Listen To Pronk Pops Podcast or Download Show 151-157

Listen To Pronk Pops Podcast or Download Show 143-150

Listen To Pronk Pops Podcast or Download Show 135-142

Listen To Pronk Pops Podcast or Download Show 131-134

Listen To Pronk Pops Podcast or Download Show 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

Listen To Pronk Pops Podcast or Download Shows 104-105

Listen To Pronk Pops Podcast or Download Shows 101-103

Listen To Pronk Pops Podcast or Download Shows 98-100

Listen To Pronk Pops Podcast or Download Shows 94-97

Listen To Pronk Pops Podcast or Download Shows 93

Listen To Pronk Pops Podcast or Download Shows 92

Listen To Pronk Pops Podcast or Download Shows 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

Listen To Pronk Pops Podcast or Download Shows 62-64

Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

Listen To Pronk Pops Podcast or Download Shows 41-44

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Listen To Pronk Pops Podcast or Download Shows 27-29

Listen To Pronk Pops Podcast or Download Shows 17-26

Listen To Pronk Pops Podcast or Download Shows 16-22

Listen To Pronk Pops Podcast or Download Shows 10-15

Listen To Pronk Pops Podcast or Download Shows 01-09

Read Full Post | Make a Comment ( None so far )

American People Will Push-back on Election Day November 4 — Democrat Party Candidates Will Lose Due To Job Insecurity, The Economy, Obama-care, Amnesty for Illegal Aliens, Tax Hikes, Failed Economic and Foreign Policies in Libya, Syria, Iraq and Iran, and Scandals Including Benghazi, Fast and Furious, NSA, IRS, Veterans Administration and Now Ebola — Democrats On Verge of Losing Massively Including Control of The Senate — Obama is An Epic Failure and Loser That Buried The Democratic Party — Rest In Peace — Videos

Posted on October 23, 2014. Filed under: American History, Banking, Blogroll, Business, College, Communications, Computers, Constitution, Demographics, Diasters, Disease, Documentary, Ebola, Economics, Education, Employment, Energy, Faith, Federal Government, Federal Government Budget, Fiscal Policy, Foreign Policy, government spending, history, Language, Law, Life, Links, Literacy, Macroeconomics, Microeconomics, Monetary Policy, Money, People, Philosophy, Photos, Politics, Press, Programming, Psychology, Rants, Raves, Regulations, Resources, Security, Talk Radio, Tax Policy, Taxes, Unemployment, Video, Wealth, Welfare, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

Project_1

The Pronk Pops Show Podcasts

Pronk Pops Show 354: October 22, 2014

Pronk Pops Show 353: October 21, 2014

Pronk Pops Show 352: October 20, 2014

Pronk Pops Show 351: October 17, 2014

Pronk Pops Show 350: October 16, 2014

Pronk Pops Show 349: October 15, 2014

Pronk Pops Show 348: October 14, 2014

Pronk Pops Show 347: October 13, 2014

Pronk Pops Show 346: October 9, 2014

Pronk Pops Show 345: October 8, 2014

Pronk Pops Show 344: October 6, 2014

Pronk Pops Show 343: October 3, 2014

Pronk Pops Show 342: October 2, 2014

Pronk Pops Show 341: October 1, 2014

Pronk Pops Show 340: September 30, 2014

Pronk Pops Show 339: September 29, 2014

Pronk Pops Show 338: September 26, 2014

Pronk Pops Show 337: September 25, 2014

Pronk Pops Show 336: September 24, 2014

Pronk Pops Show 335: September 23 2014

Pronk Pops Show 334: September 22 2014

Pronk Pops Show 333: September 19 2014

Pronk Pops Show 332: September 18 2014

Pronk Pops Show 331: September 17, 2014

Pronk Pops Show 330: September 16, 2014

Pronk Pops Show 329: September 15, 2014

Pronk Pops Show 328: September 12, 2014

Pronk Pops Show 327: September 11, 2014

Pronk Pops Show 326: September 10, 2014

Pronk Pops Show 325: September 9, 2014

Pronk Pops Show 324: September 8, 2014

Pronk Pops Show 323: September 5, 2014

Pronk Pops Show 322: September 4, 2014

Pronk Pops Show 321: September 3, 2014

Pronk Pops Show 320: August 29, 2014

Pronk Pops Show 319: August 28, 2014

Pronk Pops Show 318: August 27, 2014 

Pronk Pops Show 317: August 22, 2014

Pronk Pops Show 316: August 20, 2014

Pronk Pops Show 315: August 18, 2014

Pronk Pops Show 314: August 15, 2014

Pronk Pops Show 313: August 14, 2014

Pronk Pops Show 312: August 13, 2014

Pronk Pops Show 311: August 11, 2014

Pronk Pops Show 310: August 8, 2014

Pronk Pops Show 309: August 6, 2014

Pronk Pops Show 308: August 4, 2014

Pronk Pops Show 307: August 1, 2014 

Pronk Pops Show 306: July 31, 2014

Pronk Pops Show 305: July 30, 2014

Pronk Pops Show 304: July 29, 2014

Pronk Pops Show 303: July 28, 2014

Pronk Pops Show 302: July 24, 2014

Pronk Pops Show 301: July 23, 2014

Pronk Pops Show 300: July 22, 2014

Pronk Pops Show 299: July 21, 2014

Pronk Pops Show 298: July 18, 2014

Pronk Pops Show 297: July 17, 2014

Pronk Pops Show 296: July 16, 2014

Pronk Pops Show 295: July 15, 2014

Pronk Pops Show 294: July 14, 2014

Pronk Pops Show 293: July 11, 2014

Pronk Pops Show 292: July 9, 2014

Pronk Pops Show 291: July 7, 2014

Pronk Pops Show 290: July 3, 2014

Pronk Pops Show 289: July 2, 2014

Story 1: American People Will Push-back on Election Day November 4 — Democrat Party Candidates  Will Lose Due To Job Insecurity, The Economy, Obama-care, Amnesty for Illegal Aliens, Tax Hikes, Failed Economic and Foreign Policies in Libya, Syria, Iraq and Iran, and Scandals Including Benghazi, Fast and Furious, NSA, IRS, Veterans Administration and Now Ebola  —  Democrats On Verge of Losing Massively Including Control of The Senate — Obama is An Epic Failure and Loser That Buried The Democratic Party — Rest In Peace — Videos 

the failure

Obama-Failuredemocrat-economic-success-obama-politicstransformedburyObama-ScandalsCartoon - Obama Scandals and CorruptionYes-Obama-Can-Bankrupt-Americacartoon-they-opted-out-500trick or treat

 

Mid-term elections forecast

Who Will Control The Senate? Election Is ‘Neck And Neck’

Midterm Elections 2014: Here are the Key Senate Races

Ann Coulter: GOP Should Stop ‘Constantly Sucking Up’ to Hispanic Voters

New Fox Poll: 58% Say Things In World Going To Hell In A Handbasket – America’s Newsroom

Poll: Democrat Voters Less Interested In Midterm Elections – America’s Election HQ

Poll shows only 14 percent of Americans approve the way Congress handling its job

Stewart: Midterms 2014, We’ve Got Nothing To Fear, But Fear Itself, So We’re Going To Go With Fear

Which Party Should Control Congress? AP/Gallup POLL Results

 

 

Latest AP National Poll Is a Nightmare for Democrats

By Jim Geraghty

This new poll from the Associated Press is about as dire a poll as Democrats could imagine two weeks before Election Day.

Democrats are more trusted than the GOP on just two of nine top issues, the poll showed.

The economy remains the top issue for likely voters — 91 percent call it “extremely” or “very” important. And the GOP has increased its advantage as the party more trusted to handle the issue to a margin of 39 percent to 31 percent.

With control of the Senate at stake, both parties say they are relying on robust voter-turnout operations — and monster campaign spending — to lift their candidates in the final days. But the poll suggests any appeals they’ve made so far haven’t done much to boost turnout among those already registered. The share who report that they are certain to vote in this year’s contests has risen just slightly since September, and interest in news about the campaign has held steady.

Now brace yourself:

The GOP holds a significant lead among those most likely to cast ballots: 47 percent of these voters favor a Republican controlled-Congress, 39 percent a Democratic one. That’s a shift in the GOP’s favor since an AP-GfK poll in late September, when the two parties ran about evenly among likely voters.

Women have moved in the GOP’s direction since September. In last month’s AP-GfK poll, 47 percent of female likely voters said they favored a Democratic-controlled Congress while 40 percent wanted the Republicans to capture control. In the new poll, the two parties are about even among women, 44 percent prefer the Republicans, 42 percent the Democrats.

The gender gap disappearing almost entirely would be a shocking development; at this point, it’s just one poll, but it’s something to look for in future polls. Democrats can console themselves that this is a national poll, and the biggest fights of the midterm — the Senate races — are occurring in about a dozen states. Having said that, almost all of those states are Republican-leaning ones that Romney won. If the national electorate is sour on Democrats, it’s extremely difficult to envision a scenario where Arkansas’s Mark Pryor hangs on despite the pro-GOP atmosphere,and Alaska’s Mark Begich, and Louisiana’s Mary Landrieu, and so on for the other endangered red-state Democratic senators. One or two might survive, but the rest . . .

The polls are grim, Mr. President.

America’s Anxious Mood and What it Means for Republicans

Obama’s Gift to Republicans

The Pronk Pops Show Podcasts Portfolio

Listen To Pronk Pops Podcast or Download Show 354

Listen To Pronk Pops Podcast or Download Show 346-353

Listen To Pronk Pops Podcast or Download Show 338-345

Listen To Pronk Pops Podcast or Download Show 328-337

Listen To Pronk Pops Podcast or Download Show 319-327

Listen To Pronk Pops Podcast or Download Show 307-318

Listen To Pronk Pops Podcast or Download Show 296-306

Listen To Pronk Pops Podcast or Download Show 287-295

Listen To Pronk Pops Podcast or Download Show 277-286

Listen To Pronk Pops Podcast or Download Show 264-276

Listen To Pronk Pops Podcast or Download Show 250-263

Listen To Pronk Pops Podcast or Download Show 236-249

Listen To Pronk Pops Podcast or Download Show 222-235

Listen To Pronk Pops Podcast or Download Show 211-221

Listen To Pronk Pops Podcast or DownloadShow 202-210

Listen To Pronk Pops Podcast or Download Show 194-201

Listen To Pronk Pops Podcast or Download Show 184-193

Listen To Pronk Pops Podcast or Download Show 174-183

Listen To Pronk Pops Podcast or Download Show 165-173

Listen To Pronk Pops Podcast or Download Show 158-164

Listen To Pronk Pops Podcast or Download Show 151-157

Listen To Pronk Pops Podcast or Download Show 143-150

Listen To Pronk Pops Podcast or Download Show 135-142

Listen To Pronk Pops Podcast or Download Show 131-134

Listen To Pronk Pops Podcast or Download Show 124-130

Listen To Pronk Pops Podcast or Download Shows 121-123

Listen To Pronk Pops Podcast or Download Shows 118-120

Listen To Pronk Pops Podcast or Download Shows 113 -117

Listen To Pronk Pops Podcast or Download Show 112

Listen To Pronk Pops Podcast or Download Shows 108-111

Listen To Pronk Pops Podcast or Download Shows 106-108

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Listen To Pronk Pops Podcast or Download Shows 98-100

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Listen To Pronk Pops Podcast or Download Shows 91

Listen To Pronk Pops Podcast or Download Shows 88-90

Listen To Pronk Pops Podcast or Download Shows 84-87

Listen To Pronk Pops Podcast or Download Shows 79-83

Listen To Pronk Pops Podcast or Download Shows 74-78

Listen To Pronk Pops Podcast or Download Shows 71-73

Listen To Pronk Pops Podcast or Download Shows 68-70

Listen To Pronk Pops Podcast or Download Shows 65-67

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Listen To Pronk Pops Podcast or Download Shows 58-61

Listen To Pronk Pops Podcast or Download Shows 55-57

Listen To Pronk Pops Podcast or Download Shows 52-54

Listen To Pronk Pops Podcast or Download Shows 49-51

Listen To Pronk Pops Podcast or Download Shows 45-48

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Listen To Pronk Pops Podcast or Download Shows 17-26

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Labor Participation Drops To Low of 62.8% Lowest in 35 Years — Record 91.5 Million Americans Not In Labor Force —720,000 Leave Labor Force in October — U-3 Unemployment Rate Increases to 7.3%

Posted on November 8, 2013. Filed under: American History, Banking, Blogroll, Communications, Constitution, Diasters, Economics, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government spending, history, IRS, Law, liberty, Life, Links, Literacy, Macroeconomics, media, Microeconomics, Monetary Policy, Money, Philosophy, Photos, Politics, Press, Private Sector, Psychology, Public Sector, Rants, Raves, Regulations, Resources, Strategy, Talk Radio, Taxes, Unemployment, Unions, Video, Wisdom, Writing | Tags: , , , , , , , , , , , , , |

sgs-emp

November 8th 2013 CNBC Stock Market Squawk Box (October Jobs Report)

Employment Level

143,568,000

Series Id:           LNS12000000
Seasonally Adjusted
Series title:        (Seas) Employment Level
Labor force status:  Employed
Type of data:        Number in thousands
Age:                 16 years and over

Employment_Level

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 136559(1) 136598 136701 137270 136630 136940 136531 136662 136893 137088 137322 137614
2001 137778 137612 137783 137299 137092 136873 137071 136241 136846 136392 136238 136047
2002 135701 136438 136177 136126 136539 136415 136413 136705 137302 137008 136521 136426
2003 137417(1) 137482 137434 137633 137544 137790 137474 137549 137609 137984 138424 138411
2004 138472(1) 138542 138453 138680 138852 139174 139556 139573 139487 139732 140231 140125
2005 140245(1) 140385 140654 141254 141609 141714 142026 142434 142401 142548 142499 142752
2006 143150(1) 143457 143741 143761 144089 144353 144202 144625 144815 145314 145534 145970
2007 146028(1) 146057 146320 145586 145903 146063 145905 145682 146244 145946 146595 146273
2008 146378(1) 146156 146086 146132 145908 145737 145532 145203 145076 144802 144100 143369
2009 142153(1) 141644 140721 140652 140250 140005 139898 139481 138810 138421 138665 138025
2010 138439(1) 138624 138767 139296 139255 139148 139167 139405 139388 139097 139046 139295
2011 139253(1) 139471 139643 139606 139681 139405 139509 139870 140164 140314 140771 140896
2012 141608(1) 142019 142020 141934 142302 142448 142250 142164 142974 143328 143277 143305
2013 143322(1) 143492 143286 143579 143898 144058 144285 144170 144303 143568
1 : Data affected by changes in population controls.

Civilian Labor Force Level

154,839,000

Series Id:           LNS11000000
Seasonally Adjusted
Series title:        (Seas) Civilian Labor Force Level
Labor force status:  Civilian labor force
Type of data:        Number in thousands
Age:                 16 years and over

Civilian_Labor_Force_Participation_Rate
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248
2001 143800 143701 143924 143569 143318 143357 143654 143284 143989 144086 144240 144305
2002 143883 144653 144481 144725 144938 144808 144803 145009 145552 145314 145041 145066
2003 145937(1) 146100 146022 146474 146500 147056 146485 146445 146530 146716 147000 146729
2004 146842(1) 146709 146944 146850 147065 147460 147692 147564 147415 147793 148162 148059
2005 148029(1) 148364 148391 148926 149261 149238 149432 149779 149954 150001 150065 150030
2006 150214(1) 150641 150813 150881 151069 151354 151377 151716 151662 152041 152406 152732
2007 153144(1) 152983 153051 152435 152670 153041 153054 152749 153414 153183 153835 153918
2008 154063(1) 153653 153908 153769 154303 154313 154469 154641 154570 154876 154639 154655
2009 154232(1) 154526 154142 154479 154742 154710 154505 154300 153815 153804 153887 153120
2010 153455(1) 153702 153960 154577 154110 153623 153709 154078 153966 153681 154140 153649
2011 153244(1) 153269 153358 153478 153552 153369 153325 153707 154074 154010 154096 153945
2012 154356(1) 154825 154707 154451 154998 155149 154995 154647 155056 155576 155319 155511
2013 155654(1) 155524 155028 155238 155658 155835 155798 155486 155559 154839
1 : Data affected by changes in population controls.

Civilian Labor Force Participation Rate

62.8%

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
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 66.1 66.1 66.0 66.0 65.9 65.8
2009 65.7 65.8 65.6 65.7 65.7 65.7 65.5 65.4 65.1 65.0 65.0 64.6
2010 64.8 64.9 64.9 65.1 64.9 64.6 64.6 64.7 64.6 64.4 64.6 64.3
2011 64.2 64.2 64.2 64.2 64.2 64.0 64.0 64.1 64.2 64.1 64.1 64.0
2012 63.7 63.9 63.8 63.6 63.8 63.8 63.7 63.5 63.6 63.8 63.6 63.6
2013 63.6 63.5 63.3 63.3 63.4 63.5 63.4 63.2 63.2 62.8

Unemployment Level

11,272,000

Series Id:           LNS13000000
Seasonally Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over

Unemployment_Level
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934
2005 7784 7980 7737 7672 7651 7524 7406 7345 7553 7453 7566 7279
2006 7064 7184 7072 7120 6980 7001 7175 7091 6847 6727 6872 6762
2007 7116 6927 6731 6850 6766 6979 7149 7067 7170 7237 7240 7645
2008 7685 7497 7822 7637 8395 8575 8937 9438 9494 10074 10538 11286
2009 12079 12881 13421 13826 14492 14705 14607 14819 15005 15382 15223 15095
2010 15016 15078 15192 15281 14856 14475 14542 14673 14577 14584 15094 14354
2011 13992 13798 13716 13872 13871 13964 13817 13837 13910 13696 13325 13049
2012 12748 12806 12686 12518 12695 12701 12745 12483 12082 12248 12042 12206
2013 12332 12032 11742 11659 11760 11777 11514 11316 11255 11272

U-3 Unemployment Rate

7.3%

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

Unemployment_Rate
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
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 4.9 5.1 5.0 5.4 5.6 5.8 6.1 6.1 6.5 6.8 7.3
2009 7.8 8.3 8.7 9.0 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
2010 9.8 9.8 9.9 9.9 9.6 9.4 9.5 9.5 9.5 9.5 9.8 9.3
2011 9.1 9.0 8.9 9.0 9.0 9.1 9.0 9.0 9.0 8.9 8.6 8.5
2012 8.3 8.3 8.2 8.1 8.2 8.2 8.2 8.1 7.8 7.9 7.8 7.8
2013 7.9 7.7 7.6 7.5 7.6 7.6 7.4 7.3 7.2 7.3

Employment-Population Ratio

58.3%

Series Id:           LNS12300000
Seasonally Adjusted
Series title:        (Seas) Employment-Population Ratio
Labor force status:  Employment-population ratio
Type of data:        Percent or rate
Age:                 16 years and over

Employment_Population_Ratio

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 64.6 64.6 64.6 64.7 64.4 64.5 64.2 64.2 64.2 64.2 64.3 64.4
2001 64.4 64.3 64.3 64.0 63.8 63.7 63.7 63.2 63.5 63.2 63.0 62.9
2002 62.7 63.0 62.8 62.7 62.9 62.7 62.7 62.7 63.0 62.7 62.5 62.4
2003 62.5 62.5 62.4 62.4 62.3 62.3 62.1 62.1 62.0 62.1 62.3 62.2
2004 62.3 62.3 62.2 62.3 62.3 62.4 62.5 62.4 62.3 62.3 62.5 62.4
2005 62.4 62.4 62.4 62.7 62.8 62.7 62.8 62.9 62.8 62.8 62.7 62.8
2006 62.9 63.0 63.1 63.0 63.1 63.1 63.0 63.1 63.1 63.3 63.3 63.4
2007 63.3 63.3 63.3 63.0 63.0 63.0 62.9 62.7 62.9 62.7 62.9 62.7
2008 62.9 62.8 62.7 62.7 62.5 62.4 62.2 62.0 61.9 61.7 61.4 61.0
2009 60.6 60.3 59.9 59.8 59.6 59.4 59.3 59.1 58.7 58.5 58.6 58.3
2010 58.5 58.5 58.5 58.7 58.6 58.5 58.5 58.5 58.5 58.3 58.2 58.3
2011 58.3 58.4 58.4 58.4 58.4 58.2 58.2 58.3 58.4 58.4 58.5 58.6
2012 58.5 58.6 58.5 58.5 58.6 58.6 58.5 58.4 58.7 58.7 58.7 58.6
2013 58.6 58.6 58.5 58.6 58.6 58.7 58.7 58.6 58.6 58.3

Unemployment Rate – 16-19 Years Old

22.2%

Series Id:           LNS14000012
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - 16-19 yrs.
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 to 19 years
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 12.7 13.8 13.3 12.6 12.8 12.3 13.4 14.0 13.0 12.8 13.0 13.2
2001 13.8 13.7 13.8 13.9 13.4 14.2 14.4 15.6 15.2 16.0 15.9 17.0
2002 16.5 16.0 16.6 16.7 16.6 16.7 16.8 17.0 16.3 15.1 17.1 16.9
2003 17.2 17.2 17.8 17.7 17.9 19.0 18.2 16.6 17.6 17.2 15.7 16.2
2004 17.0 16.5 16.8 16.6 17.1 17.0 17.8 16.7 16.6 17.4 16.4 17.6
2005 16.2 17.5 17.1 17.8 17.8 16.3 16.1 16.1 15.5 16.1 17.0 14.9
2006 15.1 15.3 16.1 14.6 14.0 15.8 15.9 16.0 16.3 15.2 14.8 14.6
2007 14.8 14.9 14.9 15.9 15.9 16.3 15.3 15.9 15.9 15.4 16.2 16.8
2008 17.8 16.6 16.1 15.9 19.0 19.2 20.7 18.6 19.1 20.0 20.3 20.5
2009 20.7 22.2 22.2 22.2 23.4 24.7 24.3 25.0 25.9 27.1 26.9 26.6
2010 26.0 25.4 26.2 25.5 26.6 26.0 26.0 25.7 25.8 27.2 24.6 25.1
2011 25.5 24.0 24.4 24.7 24.0 24.7 24.9 25.2 24.4 24.1 23.9 22.9
2012 23.4 23.7 25.0 24.9 24.4 23.7 23.9 24.5 23.7 23.7 23.6 23.5
2013 23.4 25.1 24.2 24.1 24.5 24.0 23.7 22.7 21.4 22.2

Unemployment Rate – White

6.3%

Series Id:           LNS14000003
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - White
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Race:                White

Unemployment_Rate_White
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 3.4 3.6 3.5 3.4 3.5 3.4 3.5 3.6 3.5 3.4 3.5 3.5
2001 3.6 3.7 3.7 3.9 3.8 4.0 4.0 4.3 4.3 4.7 4.9 5.1
2002 5.1 5.0 5.0 5.2 5.1 5.1 5.2 5.1 5.1 5.1 5.1 5.1
2003 5.2 5.1 5.1 5.3 5.4 5.5 5.4 5.4 5.3 5.1 5.2 5.0
2004 5.0 4.9 5.1 5.0 4.9 5.0 4.7 4.7 4.6 4.6 4.6 4.5
2005 4.5 4.6 4.5 4.4 4.4 4.3 4.2 4.2 4.4 4.4 4.3 4.2
2006 4.1 4.1 4.0 4.1 4.1 4.1 4.1 4.1 3.9 3.9 4.0 3.9
2007 4.2 4.1 3.8 4.0 3.9 4.1 4.2 4.2 4.2 4.1 4.2 4.4
2008 4.4 4.4 4.5 4.4 4.8 5.0 5.2 5.4 5.4 5.9 6.2 6.7
2009 7.1 7.6 8.0 8.1 8.6 8.7 8.7 8.9 9.0 9.2 9.2 9.0
2010 8.8 8.9 8.9 9.0 8.7 8.6 8.5 8.6 8.6 8.6 8.9 8.5
2011 8.1 8.1 8.0 8.1 8.0 8.1 8.0 7.9 7.9 8.0 7.7 7.5
2012 7.4 7.4 7.3 7.4 7.4 7.3 7.4 7.2 7.0 6.9 6.8 6.9
2013 7.0 6.8 6.7 6.7 6.7 6.6 6.6 6.4 6.3 6.3

Unemployment Rate – Black or African American

13.1%

Series Id:           LNS14000006
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - Black or African American
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Race:                Black or African American
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 8.2 8.1 7.4 7.0 7.7 7.8 7.7 7.9 7.3 7.3 7.3 7.4
2001 8.2 7.7 8.3 8.0 7.9 8.3 8.0 9.1 8.9 9.5 9.8 10.1
2002 10.0 9.9 10.5 10.7 10.2 10.5 9.8 9.8 9.7 9.8 10.7 11.3
2003 10.5 10.7 10.3 10.9 10.9 11.5 10.9 10.9 11.1 11.4 10.2 10.1
2004 10.4 9.7 10.3 9.8 10.1 10.2 11.0 10.5 10.3 10.8 10.7 10.7
2005 10.6 10.9 10.5 10.3 10.1 10.2 9.2 9.7 9.4 9.1 10.6 9.2
2006 8.9 9.5 9.5 9.4 8.7 8.9 9.5 8.8 9.0 8.4 8.5 8.3
2007 7.9 8.0 8.4 8.3 8.3 8.5 8.1 7.6 8.0 8.5 8.5 9.0
2008 9.1 8.4 9.2 8.6 9.6 9.4 10.0 10.6 11.3 11.4 11.5 12.1
2009 12.7 13.7 13.6 15.0 15.0 14.9 14.8 14.9 15.3 15.9 15.7 16.1
2010 16.5 16.1 16.8 16.5 15.5 15.3 15.6 16.0 15.9 15.8 16.0 15.6
2011 15.8 15.5 15.7 16.3 16.3 16.2 15.8 16.5 15.8 14.9 15.5 15.6
2012 13.6 14.1 14.0 13.1 13.6 14.4 14.1 14.0 13.4 14.5 13.2 14.0
2013 13.8 13.8 13.3 13.2 13.5 13.7 12.6 13.0 12.9 13.1

Unemployment Rate – Hispanic or Latino

9.1%

Series Id:           LNS14000009
Seasonally Adjusted
Series title:        (Seas) Unemployment Rate - Hispanic or Latino
Labor force status:  Unemployment rate
Type of data:        Percent or rate
Age:                 16 years and over
Ethnic origin:       Hispanic or Latino
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 5.6 5.7 6.1 5.5 5.8 5.6 5.8 5.9 5.8 5.1 6.0 5.7
2001 5.8 6.1 6.2 6.4 6.3 6.6 6.2 6.5 6.7 7.1 7.3 7.7
2002 7.8 7.0 7.5 8.0 7.1 7.4 7.4 7.5 7.4 7.9 7.8 7.9
2003 7.9 7.6 7.8 7.6 8.1 8.4 8.1 7.7 7.3 7.4 7.5 6.6
2004 7.4 7.4 7.5 7.1 7.0 6.6 6.9 6.8 6.9 6.7 6.7 6.5
2005 6.2 6.4 5.8 6.4 5.9 5.7 5.5 5.8 6.5 5.9 6.2 6.1
2006 5.7 5.5 5.2 5.3 4.9 5.2 5.3 5.3 5.5 4.7 5.1 5.0
2007 5.8 5.3 5.1 5.5 5.7 5.6 5.9 5.5 5.8 5.6 5.8 6.3
2008 6.5 6.3 7.0 7.0 6.9 7.7 7.6 8.1 8.0 8.8 8.6 9.3
2009 10.0 11.1 11.7 11.4 12.6 12.2 12.5 13.1 12.7 12.9 12.5 12.8
2010 12.7 12.4 12.7 12.5 12.3 12.4 12.2 12.0 12.5 12.5 13.0 12.9
2011 12.1 11.6 11.4 11.9 11.8 11.6 11.3 11.2 11.3 11.4 11.3 11.0
2012 10.5 10.6 10.3 10.3 11.0 11.0 10.3 10.2 9.9 10.0 9.9 9.6
2013 9.7 9.6 9.2 9.0 9.1 9.1 9.4 9.3 9.0 9.1

Average Weeks Unemployed

36.1 Weeks

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

Average_Weeks_Unemployes
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
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 16.9 16.6 16.5 17.2 17.0 16.3 17.0 17.3 16.6
2008 17.5 16.9 16.5 16.9 16.6 17.1 17.0 17.7 18.6 19.9 18.9 19.9
2009 19.8 20.1 20.9 21.6 22.4 23.9 25.1 25.3 26.7 27.4 29.0 29.7
2010 30.4 29.8 31.6 33.2 33.9 34.4 33.8 33.6 33.4 34.0 34.1 34.8
2011 37.3 37.4 39.2 38.6 39.5 39.6 40.4 40.3 40.4 38.9 40.7 40.7
2012 40.2 39.9 39.5 39.1 39.6 39.7 38.8 39.3 39.6 39.9 39.7 38.1
2013 35.3 36.9 37.1 36.5 36.9 35.6 36.6 37.0 36.9 36.1

Median Weeks Unemployed

16.3 Weeks

Series Id:           LNS13008276
Seasonally Adjusted
Series title:        (Seas) Median Weeks Unemployed
Labor force status:  Unemployed
Type of data:        Number of weeks
Age:                 16 years and over

Employment_Level_Part_Time
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 5.8 6.1 6.0 6.1 5.8 5.7 6.0 6.3 5.2 6.1 6.1 6.0
2001 5.8 6.1 6.6 5.9 6.3 6.0 6.8 6.9 7.2 7.3 7.7 8.2
2002 8.4 8.3 8.4 8.9 9.5 11.0 8.9 9.0 9.5 9.6 9.3 9.6
2003 9.6 9.5 9.7 10.2 9.9 11.5 10.3 10.1 10.2 10.4 10.3 10.4
2004 10.6 10.2 10.2 9.5 9.9 11.0 8.9 9.2 9.6 9.5 9.7 9.5
2005 9.4 9.2 9.3 9.0 9.1 9.0 8.8 9.2 8.4 8.6 8.5 8.7
2006 8.6 9.1 8.7 8.4 8.5 7.3 8.0 8.4 8.0 7.9 8.3 7.5
2007 8.3 8.5 9.1 8.6 8.2 7.7 8.7 8.8 8.7 8.4 8.6 8.4
2008 9.0 8.7 8.7 9.4 7.9 9.0 9.7 9.7 10.2 10.4 9.8 10.5
2009 10.7 11.7 12.3 13.1 14.3 17.1 15.9 16.2 17.8 18.8 19.8 20.2
2010 20.0 20.0 20.5 22.2 22.4 24.8 22.1 20.9 20.2 21.1 21.2 22.1
2011 21.5 21.3 21.8 21.0 21.8 21.8 21.5 22.2 21.9 20.4 21.1 20.8
2012 20.8 20.1 19.7 19.3 20.1 19.4 16.8 18.2 18.7 19.6 18.9 18.0
2013 16.0 17.8 18.1 17.5 17.3 16.3 15.7 16.4 16.3 16.3

Employment Level – Part-Time for Economic Reasons

8,050,000

Series Id:                      LNS12032194
Seasonally Adjusted
Series title:                   (Seas) Employment Level - Part-Time for Economic Reasons, All Industries
Labor force status:             Employed
Type of data:                   Number in thousands
Age:                            16 years and over
Hours at work:                  1 to 34 hours
Reasons work not as scheduled:  Economic reasons
Worker status/schedules:        At work part time

Employment_Level_Part_Time
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 3208 3167 3231 3186 3283 3209 3144 3211 3217 3179 3467 3243
2001 3332 3296 3280 3289 3439 3792 3556 3380 4233 4437 4317 4393
2002 4112 4289 4101 4199 4103 4048 4145 4301 4329 4314 4329 4321
2003 4607 4844 4652 4798 4570 4592 4648 4419 4882 4813 4862 4750
2004 4705 4549 4742 4568 4588 4443 4449 4474 4487 4820 4547 4427
2005 4389 4250 4388 4278 4315 4432 4400 4491 4675 4269 4219 4115
2006 4123 4174 3972 3900 4111 4318 4303 4195 4115 4352 4190 4187
2007 4279 4220 4253 4313 4473 4342 4410 4576 4521 4325 4494 4618
2008 4846 4902 4904 5220 5286 5540 5930 5851 6148 6690 7311 8029
2009 8042 8788 9076 8904 9103 9051 8941 9030 8869 9005 9103 9092
2010 8493 8897 9122 9171 8816 8646 8610 8826 9226 8913 8862 8933
2011 8432 8398 8525 8649 8562 8536 8416 8816 9101 8726 8436 8168
2012 8220 8127 7664 7896 8116 8210 8245 8043 8607 8286 8138 7918
2013 7973 7988 7638 7916 7904 8226 8245 7911 7926 8050

Not in Labor Force, Searched for Work and Available, Discourage

Series Id:                       LNU05026645
Not Seasonally Adjusted
Series title:                    (Unadj) Not in Labor Force, Searched For Work and Available, Discouraged Reasons For Not Currently Looking
Labor force status:              Not in labor force
Type of data:                    Number in thousands
Age:                             16 years and over
Job desires/not in labor force:  Want a job now
Reasons not in labor force:      Discouragement over job prospects  (Persons who believe no job is available.)

Not_in_Labor_Force_Discourage

U-6 Total Unemployed Rate

13.8%

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

U_6_unemployment_rate

Employment Situation Summary Table B. Establishment data, seasonally adjusted

ESTABLISHMENT DATA
Summary table B. Establishment data, seasonally adjusted
Category Oct.
2012
Aug.
2013
Sept.
2013(p)
Oct.
2013(p)
EMPLOYMENT BY SELECTED INDUSTRY
(Over-the-month change, in thousands)
Total nonfarm 160 238 163 204
Total private 217 207 150 212
Goods-producing 16 20 27 35
Mining and logging -6 4 5 5
Construction 16 1 18 11
Manufacturing 6 15 4 19
Durable goods(1) 1 23 10 12
Motor vehicles and parts -3.6 16.7 3.3 5.7
Nondurable goods 5 -8 -6 7
Private service-providing(1) 201 187 123 177
Wholesale trade 7.8 6.4 14.3 -5.4
Retail trade 52.1 38.3 22.3 44.4
Transportation and warehousing 13.7 12.3 29.5 0.0
Information 1 -21 4 5
Financial activities 11 -1 -1 7
Professional and business services(1) 53 42 32 44
Temporary help services 9.0 15.1 11.4 3.3
Education and health services(1) 34 57 6 23
Health care and social assistance 37.4 50.6 8.7 17.5
Leisure and hospitality 22 49 13 53
Other services 7 4 3 6
Government -57 31 13 -8
WOMEN AND PRODUCTION AND NONSUPERVISORY EMPLOYEES(2)
AS A PERCENT OF ALL EMPLOYEES
Total nonfarm women employees 49.4 49.4 49.4 49.4
Total private women employees 47.9 48.0 47.9 47.9
Total private production and nonsupervisory employees 82.7 82.6 82.6 82.6
HOURS AND EARNINGS
ALL EMPLOYEES
Total private
Average weekly hours 34.3 34.5 34.4 34.4
Average hourly earnings $23.58 $24.05 $24.08 $24.10
Average weekly earnings $808.79 $829.73 $828.35 $829.04
Index of aggregate weekly hours (2007=100)(3) 96.5 98.8 98.6 98.8
Over-the-month percent change -0.4 0.5 -0.2 0.2
Index of aggregate weekly payrolls (2007=100)(4) 108.5 113.3 113.3 113.6
Over-the-month percent change -0.5 0.7 0.0 0.3
HOURS AND EARNINGS
PRODUCTION AND NONSUPERVISORY EMPLOYEES
Total private
Average weekly hours 33.6 33.7 33.7 33.6
Average hourly earnings $19.82 $20.20 $20.24 $20.26
Average weekly earnings $665.95 $680.74 $682.09 $680.74
Index of aggregate weekly hours (2002=100)(3) 104.2 106.2 106.3 106.2
Over-the-month percent change 0.0 0.5 0.1 -0.1
Index of aggregate weekly payrolls (2002=100)(4) 137.9 143.3 143.7 143.7
Over-the-month percent change 0.1 0.7 0.3 0.0
DIFFUSION INDEX(5)
(Over 1-month span)
Total private (266 industries) 64.8 59.8 57.5 61.5
Manufacturing (81 industries) 56.2 51.2 51.9 56.2
Footnotes
(1) Includes other industries, not shown separately.
(2) Data relate to production employees in mining and logging and manufacturing, construction employees in construction, and nonsupervisory employees in the service-providing industries.
(3) The indexes of aggregate weekly hours are calculated by dividing the current month’s estimates of aggregate hours by the corresponding annual average aggregate hours.
(4) The indexes of aggregate weekly payrolls are calculated by dividing the current month’s estimates of aggregate weekly payrolls by the corresponding annual average aggregate weekly payrolls.
(5) Figures are the percent of industries with employment increasing plus one-half of the industries with unchanged employment, where 50 percent indicates an equal balance between industries with increasing and decreasing employment.
(p) Preliminary

Employment Situation Summary

Transmission of material in this release is embargoed             USDL-13-2120
until 8:30 a.m. (EST) Friday, November 8, 2013

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 -- OCTOBER 2013

Total nonfarm payroll employment rose by 204,000 in October, and the 
unemployment rate was little changed at 7.3 percent, the U.S. Bureau of 
Labor Statistics reported today. Employment increased in leisure and 
hospitality, retail trade, professional and technical services, 
manufacturing, and health care.

Household Survey Data

Both the number of unemployed persons, at 11.3 million, and the
unemployment rate, at 7.3 percent, changed little in October. Among
the unemployed, however, the number who reported being on temporary
layoff increased by 448,000. This figure includes furloughed federal
employees who were classified as unemployed on temporary layoff under
the definitions used in the household survey. (Estimates of the
unemployed by reason, such as temporary layoff and job leavers, do not
sum to the official seasonally adjusted measure of total unemployed
because they are independently seasonally adjusted.) For more
information on the classification of workers affected by the federal
government shutdown, see the box note. (See tables A-1 and A-11.)

Among the major worker groups, the unemployment rates for adult men
(7.0 percent), adult women (6.4 percent), teenagers (22.2 percent),
whites (6.3 percent), blacks (13.1 percent), and Hispanics (9.1 percent) 
showed little or no change in October. The jobless rate for Asians was 
5.2 percent (not seasonally adjusted), little changed from a year 
earlier. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks or
more) was little changed at 4.1 million in October. These individuals
accounted for 36.1 percent of the unemployed. The number of long-term
unemployed has declined by 954,000 over the year. (See table A-12.)

The civilian labor force was down by 720,000 in October. The labor
force participation rate fell by 0.4 percentage point to 62.8 percent
over the month. Total employment as measured by the household survey
fell by 735,000 over the month and the employment-population ratio
declined by 0.3 percentage point to 58.3 percent. This employment
decline partly reflected a decline in federal government employment.
(See table A-1.)

The number of persons employed part time for economic reasons
(sometimes referred to as involuntary part-time workers) was little
changed at 8.1 million in October. 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 October, 2.3 million persons were marginally attached to the labor
force, little changed from 2.4 million 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 815,000 discouraged workers
in October, essentially unchanged 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 October had not searched for work for reasons such as
school attendance or family responsibilities. (See table A-16.)

Establishment Survey Data

Total nonfarm payroll employment increased by 204,000 in October. Job
growth averaged 190,000 per month over the prior 12 months. In
October, job gains occurred in leisure and hospitality, retail trade,
professional and technical services, manufacturing, and health care.
Federal government employment continued to trend down. There were no
discernible impacts of the partial federal government shutdown on the
estimates of employment, hours, and earnings from the establishment
survey. (See table B-1.)

Leisure and hospitality employment rose by 53,000 in October. Within
the industry, employment in food services and drinking places
increased by 29,000, the same as its average monthly gain over the
prior 12 months.

Employment in retail trade increased by 44,000 in October, compared
with an average monthly gain of 31,000 over the prior 12 months. Job
growth was widespread within the industry in October, with gains in
food and beverage stores (+12,000), electronics and appliance stores
(+10,000), sporting goods and hobby stores (+8,000), general
merchandise stores (+8,000), and building material and garden supply
stores (+7,000). Clothing and clothing accessories stores lost 13,000
jobs.

Professional and technical services employment rose in October
(+21,000) and has grown by 213,000 over the past 12 months. Within the
industry, employment in management and technical consulting services
rose by 8,000 in October.

Manufacturing added 19,000 jobs in October, with job growth occurring
in motor vehicles and parts (+6,000), wood products (+3,000), and
furniture and related products (+3,000). On net, manufacturing
employment has changed little since February 2013.

Health care employment increased over the month (+15,000). Job growth
in health care has averaged 17,000 per month thus far this year,
compared with an average monthly gain of 27,000 in 2012.

In October, employment showed little or no change elsewhere in the
private sector, including mining and logging, construction, wholesale
trade, transportation and warehousing, information, and financial
activities.

Federal government employment declined by 12,000 in October. Over the
past 12 months, federal government employment has decreased by 94,000.
Federal employees on furlough during the partial government shutdown
were still considered employed in the payroll survey because they
worked or received pay for the pay period that included the 12th of
the month. For more information on the classification of workers
affected by the partial federal government shutdown, see the box note.

The average workweek for all employees on private nonfarm payrolls was
unchanged in October at 34.4 hours. The manufacturing workweek was
40.9 hours, the same as in September, and factory overtime was
unchanged at 3.4 hours. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls edged down by 0.1
hour to 33.6 hours. (See tables B-2 and B-7.)

In October, average hourly earnings for all employees on private
nonfarm payrolls edged up by 2 cents to $24.10. Over the year, average
hourly earnings have risen by 52 cents, or 2.2 percent. In October,
average hourly earnings of production and nonsupervisory employees
edged up by 2 cents to $20.26. (See tables B-3 and B-8.)

The change in total nonfarm payroll employment for August was revised
from +193,000 to +238,000, and the change for September was revised
from +148,000 to +163,000. With these revisions, employment gains in
August and September combined were 60,000 higher than previously
reported.

____________
The Employment Situation for November is scheduled to be released on
Friday, December 6, 2013, at 8:30 a.m. (EST).

    ------------------------------------------------------------------
  |                                                                   |
  |                Partial Federal Government Shutdown                |
  |                                                                   |
  |  Some agencies of the federal government were shut down or were   |
  |  operating at reduced staffing levels from October 1, 2013,       |
  |  through October 16, 2013. All household and establishment survey |
  |  operations, including data collection, were suspended during     |
  |  that time period. Shortly after the shutdown ended, October data |
  |  collection for both surveys began. The Bureau of Labor           |
  |  Statistics (BLS) delayed the publication of this release by 1    |
  |  week to allow enough time to collect data. The reference periods |
  |  for the surveys were not changed. The response rate for the      |
  |  household survey was within its normal range, and the response   |
  |  rate for the establishment survey was above average.             |
  |                                                                   |
  |  In the household survey, individuals are classified as employed, |
  |  unemployed, or not in the labor force based on their answers to  |
  |  a series of questions about their activities during the survey   |
  |  reference week. Workers who indicate that they were not working  |
  |  during the entire survey reference week and expected to be       |
  |  recalled to their jobs should be classified in the household     |
  |  survey as unemployed on temporary layoff. In October 2013, there |
  |  was an increase in the number of federal workers who were        |
  |  classified as unemployed on temporary layoff. However, there     |
  |  also was an increase in the number of federal workers who were   |
  |  classified as employed but absent from work. BLS analysis of the |
  |  data indicates that this group included federal workers affected |
  |  by the shutdown who also should have been classified as          |
  |  unemployed on temporary layoff. Such a misclassification is an   |
  |  example of nonsampling error and can occur when respondents      |
  |  misunderstand questions or interviewers record answers           |
  |  incorrectly. According to usual practice, the data from the      |
  |  household survey are accepted as recorded. To maintain           |
  |  data integrity, no ad hoc actions taken to reassign survey       | 
  |  responses.                                                       |
  |                                                                   |
  |  It should be noted that household survey data for federal        |
  |  workers are available only on a not seasonally adjusted basis.   |
  |  As a result, over-the-month changes in federal worker data       |
  |  series cannot be compared with seasonally adjusted over-the-     |
  |  month changes in total employed and unemployed.                  |
  |                                                                   |
  |  In the establishment survey, businesses report the number of     |
  |  people who work or receive pay for any part of the pay period    |
  |  that includes the 12th of the month. Persons who work or receive |
  |  pay for any part of the pay period are defined as employed. This |
  |  method of classifying workers is the same in all industries,     |
  |  including the federal government. Federal employees on furlough  |
  |  during the partial federal government shutdown were still        |
  |  considered employed in the payroll survey because they worked or |
  |  received pay for the pay period that included the 12th of the    |
  |  month.                                                           |
  |                                                                   |
  |  Additional information is available online at                    |
  |  www.bls.gov/bls/shutdown_2013_empsit_qa.pdf.                     |
  |                                                                   |
   -------------------------------------------------------------------
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Preventing War By Expanding Free Markets–Videos

Posted on January 15, 2011. Filed under: Agriculture, Blogroll, Communications, Crime, Culture, Demographics, Economics, Education, Employment, Federal Government, government, government spending, history, Law, liberty, Life, Links, media, Medicine, People, Philosophy, Politics, Psychology, Rants, Raves, Science, Security, Taxes, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , |

What is the Best Way to Prevent War?

http://www.youtube.com/watch?v=iZQkXnsLEcs

 

Power of the Market – Conglomerates & Free Trade

 

Free Trade: The Great Prosperity Machine

 

 

Capitalism in China: Should We Trade With Them? – Ayn Rand Center for Individual Rights

 

Global Economics – Global Exchange: Free Trade & Protection 

 

Background Articles and Videos

What We Believe, Part 1: Small Government and Free Enterprise.

 

What We Believe, Part 2: The Problem with Elitism

 

What We Believe, Part 3: Wealth Creation

 

What We Believe, Part 4: Natural Law

 

What We Believe, Part 5: Gun Rights

 

What We Believe, Part 6: Immigration

 

What We Believe, Part 7: American Exceptionalism

 

Tactics for socialist takeover of nations 1 of 2: Fabianism & Leninism

 

Tactics for socialist takeover of nations 2 of 2: Fabianism & Leninism

 

Read Full Post | Make a Comment ( None so far )

Can The American People Afford Three More Years Of The Progressive Radical Socialist Democratic Party Led By President Obama? Absolutely Not–Throw The Bums Out Next November!

Posted on December 14, 2009. Filed under: Blogroll, Climate, Communications, Economics, Education, Employment, Energy, Fiscal Policy, government spending, Health Care, Immigration, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Raves, Resources, Reviews, Security, Strategy, Taxes, Technology, Video, War, Wisdom | Tags: , , , , , , , , , , , , , , |

“Capitalism means free enterprise, sovereignty of the consumers in economic matters, and sovereignty of the voters in political matters. Socialism means full government control of every sphere of the individuals life and the unrestricted supremacy of the government in its capacity as central board of production management.”

~Ludwig von Mises

President Obama Job Approval

Polling Data

Poll Date Sample Approve Disapprove Spread
RCP Average 12/1 – 12/13 48.4 45.4 +3.0
USA Today/Gallup 12/11 – 12/13 1025 A 49 46 +3
Rasmussen Reports 12/11 – 12/13 1500 LV 44 55 -11
Gallup 12/11 – 12/13 1547 A 48 42 +6
FOX News 12/8 – 12/9 900 RV 50 44 +6
CBS News/NY Times 12/4 – 12/8 1031 A 50 39 +11
Bloomberg 12/3 – 12/7 1000 A 54 41 +13
Marist 12/2 – 12/7 858 RV 46 44 +2
Ipsos/McClatchy 12/3 – 12/6 1120 A 49 49 Tie
Quinnipiac 12/1 – 12/6 2313 RV 46 44 +2
CNN/Opinion Research 12/2 – 12/3 1041 A 48 50 -2

See All President Obama Job Approval Polling Data

http://www.realclearpolitics.com/epolls/other/president_obama_job_approval-1044.html#polls

FoxNews Opinion Dynamics Poll on Obama (FoxNews Dec 13 2009)

 

Unemployment’s Bottom Line

Neil Cavuto’s Common Sense – Fat Cat Bankers And Obama’s B+


 

Ron Paul “Let’s End the Fed” Speech (This Speech will be famous) 2/25/2009

Arguing with Idiots

 

Glenn Beck-12-11-09-A

 

Glenn Beck-12-11-09-B

 

Glenn Beck-12-11-09-C

 

Glenn Beck-12-11-09-D

 

Glenn Beck-12-11-09-F

 

Economic Collapse: Peter Schiff explains Obama’s false Chinese policy

 

Barack Obama on 60 Minutes

 

The Progressive Radical Socialists led by President Obama are destroying jobs, wrecking the economy and killing the American dream.

There are currently over 25,000,000 Americans seeking full time employment.

The official unemployment rate (U-3) is expected to exceed 10% throughout 2010.

The real unemployment rate (U-6) already exceeds 17% and in not expected to fall below  17% until 2011 at the earliest.

So what are the political “elites” in Washington D. C. proposing to do about job creation?

The Progressive Radical Socialists are trying to massively increase your taxes, increase government spending. deficits and the national debt and erode the purchasing power of the US dollar.

Vote out of office any Democrat or Republican representative or Senator that votes for the  new Health Care and Cap and Trade Energy tax bills and comprehensive immigration reform.

Abolish both the Environmental Protection Agency (EPA) and the Federal Reserve System.

The Federal Reserve and Congress caused the problem of a housing bubble by massive government intervention in expanding credit for housing mortgages and failing to regulate the investment activities of commercial, investment and mortgage bankers.

Shut them down now, before it is too late.

The political elites of both parties are fast becoming tyrants in their disregard of what is in the best interest of the American people.

The political elites only concern are how to control your lives and how  to stay in power or office.

The political elites  could care less that their proposed health care and energy tax bills would put several million more Americans out of work.

Throw these corrupt bums out of office in November 2010, 2012, and 2014.

When in doubt–throw them out.

LOL

the Government is Incompetent…

The Poll Numbers Slip Sliding Away

“There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.”

~Ludwig von Mises

Background Articles and Videos

Daily Presidential Tracking Poll

December 14, 2009

“…The Rasmussen Reports daily Presidential Tracking Poll for Monday shows that 24% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-two percent (42%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -18.

That’s a one point improvement from yesterday when Obama’s Approval Index rating fell to the lowest level yet recorded. Prior to the past three days, the Approval Index had never fallen below -15 during Obama’s time in office (see trends).

As the health care plan struggles in the Senate, public opposition remains stable. Fifty-six percent (56% ) oppose the plan working its way through Congress while just 40% favor it. In Nevada, the health care bill is causing problems for Senate Majority Leader Harry Reid’s bid for re-election.

The Presidential Approval Index is calculated by subtracting the number who Strongly Disapprove from the number who Strongly Approve. It is updated daily at 9:30 a.m. Eastern …”

http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

Health Care Reform

40% Support Health Care Plan, 56% Oppose It

“…Fifty-six percent (56%) of U.S. voters now oppose the health care plan proposed by President Obama and congressional Democrats. That’s the highest level of opposition found – reached three times before – in six months of polling.

The latest Rasmussen Reports national telephone survey finds that just 40% of voters favor the health care plan.

Perhaps more significantly, 46% now Strongly Oppose the plan, compared to 19% who Strongly Favor it. …”

http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/september_2009/health_care_reform

Why the Meltdown Should Have Surprised No One

 

Steele: ‘Let’s reduce the unemployment tax’

Jim Rogers America is Collapsing Part 1 of 5

 

Jim Rogers America is Collapsing Part 2 of 5

Jim Rogers America is Collapsing Part 3 of 5

Jim Rogers America is Collapsing Part 4 of 5

Jim Rogers America is Collapsing Part 5 of 5

Related Posts On Pronk Palisades

Jim Rogers: Secretary of the Treasury Tim Geithner and Federal Reserve System Chairman Ben Bernanke Are Incompetent–Tim and Ben Exit Strategy aka Thelma & Louise Ending The Fed!

 American People Want Stimulus Package Canceled And Oppose Bailouts To State Governments!

Irresponsible Government Intervention Results In Huge and Continuing Government Failures–Shut Down Government Interventions–No More Bailouts!

 

Cloward Piven

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America 

 

Bailouts

Rose Colored Glasses:The Economy Is Recovering–Where Are The Jobs? When Will Inflation Hit? 2012–Election Year!

Job Creating Businesses and CIT–Videos

The 12 Trillion–$12,000,000,000,000 Crime of The Century: The Decline and Fall of United States of America By Radical Socialist Spending–Look Before You Leap!

The Financial Crime of The Century: William K. Black On Massive Mortgage Fraud –Videos

Bailed Out Bank Trillion Dollar Derivative Exposure

The Mother of All Bailouts–2 to 3 Trillion Dollars–$2,000,000,000–$3,000,000,000!–Rewarding Greed, Arrogance and Stupidity–Pay for Play!

Federal Government Extortion Of Sound Banks–You Decide?–Take This TARP and Shove It!

Boycott Bailedout Businesses and Banks

Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!

The United States is Broke!–Chapter 11 Bankruptcy Time For GM and Ford Is Now!

The Sovereign Wealth Fund Threat: Are Chinese Communists Behind Rush In Passing Bailout Bill?

Pelosi’s Porky Pigout Poison Package–Economy Wrecker and Job Destroyer–Have A Blue Christmas 2009!

Ben Bernanke

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!

  

Fiscal Policy

The Great Depression and the Current Recession–Robert Higgs–Videos

The Obama Depression: Lessons Learned–Deja Vu!

Rose Colored Glasses:The Economy Is Recovering–Where Are The Jobs? When Will Inflation Hit? 2012–Election Year!

The Battle For The World Economy–Videos

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!

The Big Economic Picture–Some Perspectives–Videos

American People’s Plan = 6 Month Tax Holiday + FairTax = Real Hope + Real Change!–Millions To March On Washington D.C. Saturday, July 4, 2009!

A New Political Party In The United States? American Citizens Alliance Party–ACAP On Government Spending, Taxes, Debt, and Regulations!

Bad Government Intervention Requires Bad Government Bank-The Road Map Out Of The World Economic Crisis–Stabilize–Stimulate–Strengthen–Simultaneously!

Barlett Boo Boos–Boortz Blasts Back

President Doom and Panic Obama’s Big Lie: More Government Spending Works and Tax Cuts Do Not Work 

 

Monetary Economic Policy

The Obama Depression: Lessons Learned–Deja Vu!

Rose Colored Glasses:The Economy Is Recovering–Where Are The Jobs? When Will Inflation Hit? 2012–Election Year!

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

The Battle Between Keynes and Monetarism in the UK–Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

The Big Economic Picture–Some Perspectives–Videos

M3 Money Meteorite Moves–Deep Impact–The Coming Inflation Tidal Wave–Wage and Price Controls Will Signal Radical Socialist Obama’s Failure!

The Monetarization of The Debt and Quantitative Easing: The Federal Reserve is printing $1,000,000,000,000!–Run-Away Inflation Coming Soon!

Thomas E. Woods, Jr.–Videos

Bailed Out Bank Trillion Dollar Derivative Exposure

Banking–Videos

Creature from Jekyll Island: The Federal Reserve System–Videos

The Monopoly Men: The Federal Reserve Bank Cartel–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos 

 

Federal Reserve System

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

Richard Fisher–Inflation and Debt: The Interaction of Fiscal and Monetary Policy –Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

Banking–Videos

Creature from Jekyll Island: The Federal Reserve System–Videos

The Monopoly Men: The Federal Reserve Bank Cartel–Videos 

M3 Money Meteorite Moves–Deep Impact–The Coming Inflation Tidal Wave–Wage and Price Controls Will Signal Radical Socialist Obama’s Failure!

 

Ludwig von Mises Institute

Our Enemy, Inflation–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Murray Rothbard–Videos

Thomas E. Woods, Jr.–Videos

 

Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Yaron Brook–Videos

David Gordon–Five Best Books on the Current Crisis–Video

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand 

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I.O.U.S.A.–Videos

Posted on July 20, 2009. Filed under: Blogroll, Economics, Employment, Energy, Fiscal Policy, government spending, Health Care, Immigration, Investments, Law, liberty, Links, Medicine, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Resources, Taxes, Video, Wisdom | Tags: , , , , |

I.O.U.S.A. (Full Movie) part 1/9

 

I.O.U.S.A. (Full Movie) part 2/9

 

I.O.U.S.A. (Full Movie) part 3/9

http://www.youtube.com/watch?v=abDCduNEpC4

 

I.O.U.S.A. (Full Movie) part 4/9

 

I.O.U.S.A. (Full Movie) part 5/9

 

I.O.U.S.A. (Full Movie) part 6/9

 

I.O.U.S.A. (Full Movie) part 7/9

 

I.O.U.S.A. (Full Movie) part 8/9

 

I.O.U.S.A. (Full Movie) part 9/9

 

Background Articles and Videos

Stop Spending Our Future – The Crisis

Related Posts On Pronk Palisades

The 12 Trillion–$12,000,000,000,000 Crime of The Century: The Decline and Fall of United States of America By Radical Socialist Spending–Look Before You Leap!

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President Obama: A Teleprompter, A Teleprompter, My Popularity for A Teleprompter!

Posted on July 14, 2009. Filed under: Art, Blogroll, Comedy, Communications, Culture, Economics, People, Politics, Quotations, Rants, Raves, Taxes, Video | Tags: , , , , , |

 

Obama

King Richard:
A horse, a horse! My kingdom for a horse!

Catesby:
Withdraw, my lord; I’ll help you to a horse.

King Richard:
Slave! I have set my life upon a cast,
And I will stand the hazard of the die.

~William Shakespeare, Richard III, Act V, Scene 4 , Lines 7-10

 

prompter

R.I.P.

 

Obama’s Prompter Breaks, Crashes To Ground

 

President Obama’s Teleprompter Crashes During Speech!

 

  

 

The  teleprompter crashes!

The economy crashes with President Obama failed economic policy initiatives–the bailouts, stimulus spending packages, huge deficit budgets,  the proposed cap and trade energy tax and higher taxes for health care. 

The President’s popularity plummets with rising unemployment.

The Bush Recession ends.

The Obama Depression begins.

The cheering dies.

The booing starts.

Beware the crashes of teleprompter!

Anne:

“What black magician conjures up this fiend / To stop devoted charitable deeds?”

~William Shakespeare, Richard III , Act 2, Scene 1, Lines 37-38

 

Background Articles and Videos 

 

Daily Presidential Tracking Poll

“…Voters still rank the economy as the top issue facing the nation. Government ethics and corruption remains in the number two position and health care is number three.

The Presidential Approval Index is calculated by subtracting the number who Strongly Disapprove from the number who Strongly Approve. It is updated daily at 9:30 a.m. Eastern (sign up for free daily e-mail update). Updates also available on Twitter.

Overall, 53% of voters say they at least somewhat approve of the President’s performance. Forty-six percent (46%) disapprove.  …”

http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

  

 

Obama Approval Index History

Date Presidential Approval Index Strongly Approve Strongly Disapprove Total Approve Total Disapprove
07/14/2009 -8 28% 36% 53% 46%
07/13/2009 -8 28% 36% 53% 46%
07/12/2009 -7 28% 35% 52% 46%
07/11/2009 -7 30% 37% 51% 48%
07/10/2009 -7 30% 37% 51% 48%
07/09/2009 -8 30% 38% 51% 48%
07/08/2009 -5 32% 37% 52% 48%
07/07/2009 -3 33% 36% 52% 47%
07/06/2009 -2 33% 35% 53% 46%
07/05/2009 No Polling – Fourth of July
07/04/2009 No Polling – Fourth of July
07/03/2009 No Polling – Fourth of July
07/02/2009 -2 33% 35% 53% 46%
07/01/2009 -1 32% 33% 54% 45%
06/30/2009 -2 31% 33% 54% 46%
06/29/2009 +1 33% 32% 55% 44%
06/28/2009 0 32% 32% 54% 45%
06/27/2009 +2 33% 31% 55% 44%
06/26/2009 +2 33% 31% 55% 44%
06/25/2009 +2 32% 30% 56% 44%
06/24/2009 +2 34% 32% 55% 44%
06/23/2009 0 33% 33% 55% 44%
06/22/2009 -1 33% 34% 54% 45%
06/21/2009 -2 32% 34% 53% 46%
06/20/2009 +1 34% 33% 54% 46%
06/19/2009 +1 34% 33% 54% 45%
06/18/2009 +2 35% 33% 55% 45%
06/17/2009 +5 37% 32% 56% 43%
06/16/2009 +4 36% 32% 56% 43%
06/15/2009 +3 35% 32% 55% 44%
06/14/2009 +2 34% 32% 54% 45%
06/13/2009 +3 35% 32% 54% 46%

 http://www.rasmussenreports.com/public_content/politics/obama_administration/obama_approval_index_history

Requiem for a teleprompter

By Michelle Malkin  

teleprompter_seal
 

 

 

 

 

 

Photoshop credit: David A Stein

“…One of President Obama’s teleprompters met an untimely death today.

R.I.P.

I hear Sheila Jackson-Lee is working on a congressional resolution honoring TOTUS.

The White House has not yet decided on an open- or closed-casket viewing. …”

http://michellemalkin.com/2009/07/13/requiem-for-a-teleprompter/

 

Fun with TOTUS (Teleprompter of the United States)

By Michelle Malkin

“…The Teleprompter of the United States has its own seal!

Hey, why not? TOTUS has its own blog and its own Twitter accounts. Brand it, own it, behold it (thanks to David A Stein):

 

prompter

…”

 http://michellemalkin.com/2009/07/13/requiem-for-a-teleprompter/

President’s “Teleprompter Malfunction Moment”

 

 

Obama’s Teleprompter – THE TOTUS 4 POTUS

 

Obama & Excessive Teleprompter Use: Why Are People Surprised Obama Can’t Talk Without A Script?!

Biden’s Teleprompter Joke

 

Laurence Olivier interview from 1983, part 2 of 2

 

Richard III (1956)

 

Richard III (1995) Trailer

 

Richard III – Ian McKellen – The End

 

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President Barack Obama Beats It–President Franklin Roosevelt Record–Worse Unemployment Numbers Since 1933–14,700,000 Unemployed Americans Greater than 13,000,000 in 1933!

The Obama Depression (OD) Starts July 4, 2009–30 Million Americans March To Tea Parties In Washington D.C. and Over 1,000 Cities and Towns Across America!

United States Economic Depressions–The Good, The Bad, and The Ugly–Obama’s Depression–Over 15,000,000 Americans Seek Full Time Job!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs 

Obama’s Opague Oppression–Collectivist Czars Or Commissars–Terminate Tyrants Tea Parties–Join The Second American Revolution

Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

Clinton & Obama: First They Lie To You and Then They Steal Your Property!

Barack Obama: A Watermellon Man–Green on The Outside–Red on The Inside

Barack Obama Throws His White Grandma Under The Bus–Backs Up and Does It Again–Amazing!

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Barack Obama Cult?

 

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United States Economic Depressions–The Good, The Bad, and The Ugly–Obama’s Depression–Over 15,000,000 Americans Seek Full Time Job!

Posted on June 11, 2009. Filed under: Blogroll, Economics, Employment, Homes, Investments, liberty, Life, Links, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Taxes, Technology, Video, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , |

u6

“It is estimated that in 1933, at the depth of the Great Depression, about 13 million
persons in the U.S. were unemployed, which translates into an unemployment rate of
about 25 percent.1 However, those estimates were not available at the time. Throughout
the Great Depression, there was little information on the extent of unemployment in the
country. More important, there was no good way to assess whether the situation was
getting better or worse. The wealth of timely statistical information on the labor market
that we now take for granted simply didn’t exist.”

~Measures of labor underutilization from the Current Population Survey

Working Paper 424,  March 2009

Steven E. Haugen, U.S. Bureau of Labor Statistics

http://www.bls.gov/osmr/pdf/ec090020.pdf

“It is obviously futile to attempt to eliminate unemployment by embarking upon a program of public works that would otherwise not have been undertaken. The necessary resources for such projects must be withdrawn by taxes or loans from the application they would otherwise have found. Unemployment in one industry can, in this way, be mitigated only to the extent that it is increased in another.”

~Ludwig von Mises, Liberalism, page 85

 

Unemployment Rate Surges

 

Today in the United States there are over 14,500,000 individuals unemployed and seeking a full time job.

Labor Force Statistics from the Current Population Survey

Series Id:           LNS13000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 5976 6111 5783 6004 5796 5951 6025 5838 5915 5778 5716 5653  
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634  
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258  
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640  
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317  
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934  
2005 7759 7972 7740 7683 7672 7551 7415 7360 7570 7457 7541 7219  
2006 7020 7176 7080 7142 7028 7039 7167 7118 6874 6738 6837 6688  
2007 7029 6887 6737 6874 6844 7028 7128 7123 7221 7295 7212 7541  
2008 7555 7423 7820 7675 8536 8662 8910 9550 9592 10221 10476 11108  
2009 11616 12467 13161 13724 14511                

The official U.S. Bureau of Labor Statistics unemployment rate  (U-3)   for May 2009 was 9.4%.

Labor Force Statistics from the Current Population Survey

Series Id:           LNS14000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
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 5.2 5.4 5.2 5.2 5.1 5.1 5.0 4.9 5.0 5.0 5.0 4.8  
2006 4.7 4.8 4.7 4.7 4.7 4.6 4.7 4.7 4.5 4.4 4.5 4.4  
2007 4.6 4.5 4.4 4.5 4.5 4.6 4.7 4.7 4.7 4.8 4.7 4.9  
2008 4.9 4.8 5.1 5.0 5.5 5.6 5.8 6.2 6.2 6.6 6.8 7.2  
2009 7.6 8.1 8.5 8.9 9.4                

http://stats.bls.gov/news.release/empsit.nr0.htm

By July 4, 2009 the number of unemployed Americans is expected to exceed 15 million!

During the worse year of the Great Depression, 1933, the unemployment rate rose to 24.9%

While this unemployment rate was much higher than today’s official unemployment rate, the number of individuals unemployed was significantly less.

In 1933 there were over 12,800,000 individuals unemployed and seeking a full time job.

The United States in 2009 has with the economic policies and massive government spending of President Barack  Obama  has resulted in more than 2,000,000 Americans unemployed than at the bottom of the Great Depression in 1933.

The U.S. Bureau of Labor Statistics  total unemployment rate (U-6) for May 2009 was 16.4% which includes marginally attached, discouraged and part-time workers seeking full time job.

Table A-12. Alternative measures of labor underutilization (Percent)

http://www.bls.gov/news.release/empsit.t12.htm

Labor Force Statistics from the Current Population Survey

Series Id:           LNS13327709
Seasonal 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
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
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 9.2 9.0 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.5  
2006 8.4 8.5 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.0 7.9  
2007 8.3 8.1 8.0 8.2 8.3 8.3 8.3 8.5 8.4 8.5 8.4 8.7  
2008 9.0 9.0 9.1 9.2 9.8 10.1 10.4 10.9 11.2 12.0 12.6 13.5  
2009 13.9 14.8 15.6 15.8 16.4                

There were more than 25,000,000 Americans unemployed  seeking a full time job in May 2009.

http://stats.bls.gov/news.release/empsit.t12.htm

The Obama Depression has the distinction of being the worse depression in U.S. history in terms of the number of unemployed Americans!

Unfortunately, the economy as measured by unemployment has a least six months before it hits bottom towards the end of 2009.

The Good Depression was the 1920-1921 depression–The Harding Depression– that was the shortest in US history and was followed by a booming economy.

The Bad Depression was the 1929-1939 depression–The Great Depreassion– that really ended only after World War II.

The Ugly Depression is the 2009-2010  depression–The Obama Depression– of the radical socialist Democratic Party.

Year Rate Videos

Why You’ve Never Heard of the Great Depression of 1920

Uncommon Knowledge: The Great Depression with Amity Shlaes

Milton Friedman Debunking Myth Of The Great Depression part 1

Milton Friedman Debunking Myth Of The Great Depression part 2

Milton Friedman Debunking Myth Of The Great Depression part 3

80 Years Later: Parallels Between 1929 and 2009

A Recipe for the Next Great Depression

A Recipe for the Next Great Depression

In-Depth Look – US Unemployment Rate – Bloomberg

In-Depth Look – Europe’s Troubles Could Spill To US – Bloomberg

In-Depth Look – Employment Picture – Bloomberg

1920 5.2 %
1928 4.2
1930 8.7
1932 23.6
1934 21.7
1936 16.9
1938 19.0
1940 14.6
1942 4.7%
1944 1.2
1946 3.9
1948 3.8
1950 5.3
1952 3.0
1954 5.5
1956 4.1
1958 6.8%
1960 5.5
1962 5.5
1964 5.2
1966 3.8
1968 3.6
1970 4.9
1972 5.6
1974 5.6%
1976 7.7
19781 6.1
1980 7.1
1982 9.7
1984 7.5
19861 7.0
1987 6.2
1988 5.5
1989 5.3
19901 5.6%
1991 6.8
1992 7.5
1993 6.9
19941 6.1
1995 5.6
1996 5.4
19971 4.9
19981 4.5
19991 4.2
20001 4.0
2001 4.7
2002 5.8
20031 6.0%
20041 5.5
20051 5.1
2006 4.6
2007 4.6

NOTES: Estimates prior to 1940 are based on sources other than direct enumeration.
Data prior to 1948 are for persons age 14 and over. Data beginning in 1948 are for persons age 16 and over.
1. Not strictly comparable with prior years.
2. Beginning in Jan. 2006, data are not strictly comparable with data for 2005 and earlier years because of the revisions in the population controls used in the household survey.
Source: U.S. Department of Labor, Bureau of Labor Statistics. Web: stats.bls.gov .

The time is long past due to stop the reckless government spending for bailouts, payoffs, and handouts.

The time is long past due to stop unbalanced budgets with massive deficits resulting in a huge national debt.

The time is long past due to stop more new taxes to pay for governement  spending and deficits.

The time is long past due to stop the fiscally irresponsible professional politicians of both political parties by voting them out of office.

Stop The Spending and Deficits

US Federal Government Deficits

federal_spending

Stop Spending Our Future – The Crisis

Daniel J. Mitchell – USA: Drowning In Debt?

Stop The Cap and Trade Carbon Dioxide Energy Tax

MAJOR REDUCTIONS IN CARBON EMISSIONS ARE NOT WORTH THE MONEY DEBATE: PETER HUBER

You are invited to attend a Tea Party on July 4, 2009, Independence Day!

Happy_July_4

Join the Second American Revolution

we_the_people

The Meaning of Independence Day

Ayn Rand Center for Individual Rights

Second American Revolution–Tea Party Celebrations–Washington Fair–July 4, 2009–An Open Invitation To The American People

American People’s Plan = 6 Month Tax Holiday + FairTax = Real Hope + Real Change!–Millions To March On Washington D.C. Saturday, July 4, 2009!

Independents Lead The The Second American Revolution Surge–Independence Day–Saturday July 4, 2009 In Washington D.C.–Tea Party Time–On To Washington–Dare You To Move!

Please Spread The Message of Liberty

liberty_bell1

Proclaim liberty throughout the land to all its inhabitants.”

Let Freedom Ring

Thomas Paine on to Washington

switchfoot-dare you to move(live)

God Bless the USA – Lee Greenwood

“Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to remain idle, are the ferment out of which the most radical political movements are formed. In their ranks the soldiers of the coming revolutions are recruited.”

~Ludwig von Mises, Socialism, page 440

Background Articles and Videos

How The Government Measures Unemployment

“…People with jobs are employed.
People who are jobless, looking for jobs, and available for work are unemployed.
People who are neither employed nor unemployed are not in the labor force.

“…To summarize, employed persons are:
− All persons who did any work for pay or profit during the survey reference
week.
− All persons who did at least 15 hours of unpaid work in a family-owned
enterprise operated by someone in their household.
− All persons who were temporarily absent from their regular jobs because
of illness, vacation, bad weather, industrial dispute, or various personal
reasons, whether or not they were paid for the time off.
Unemployed persons are:
− All persons who did not have a job at all during the survey reference
week, made at least one specific active effort to find a job during the prior
4 weeks, and were available for work (unless temporarily ill).
− All persons who were not working and were waiting to be called back to a
job from which they had been laid off (they need not be looking for work
to be classified as unemployed). …”

“…Yes, there is only one official definition of unemployment, and that was discussed above.
However, some have argued that this measure is too restricted, and that it does not
adequately capture the breadth of labor market problems. For this reason, economists at
BLS developed a set of alternative measures of labor underutilization. These measures
are published every month in the Employment Situation news release. They range from a
very limited measure that includes only those who have been unemployed (as officially
defined) for 15 weeks or more to a very broad one that includes total unemployed (as
officially defined), all persons marginally attached to the labor force, and all individuals
employed part time for economic reasons.

Because of the complexities of the American economic system and the wide variety of
job arrangements and jobseeking efforts, the definitions of employment and
unemployment must be specific to ensure uniformity of reporting at any given time and
over any period of time. When all of the details are considered, definitions may seem
rather complicated. The basic concepts, however, remain little changed: People with
jobs are employed, people who do not have jobs and are looking for jobs are
unemployed, and people who meet neither labor market test are not in the labor force.

The qualifying conditions are necessary to cover the wide range of labor force patterns
and to provide an objective set of standards for consistent treatment of cases.
Where can people find the data?
Each month, summary statistics on unemployment and employment are published in a
news release titled The Employment Situation.
Detailed information also is published in tables online and in a periodical called
Employment and Earnings.
On an irregular basis, special labor force topics are addressed in articles published in the
Monthly Labor Review, in a series of briefs called Issues in Labor Statistics, in a variety
of special reports, and in other BLS publications. …”

http://stats.bls.gov/cps/cps_htgm.pdf

Table A-12. Alternative measures of labor underutilization (Percent)

 Not seasonally adjusted                   Seasonally adjusted                 

                          Measure                                                                                                         

                                                            May      Apr.     May      May      Jan.     Feb.     Mar.     Apr.     May
                                                            2008     2009     2009     2008     2009     2009     2009     2009     2009  

  U-1 Persons unemployed 15 weeks or longer, as a percent
       of the civilian labor force.......................    1.8      4.5      4.6      1.8      3.0      3.4      3.7      4.0      4.5  

  U-2 Job losers and persons who completed temporary
       jobs, as a percent of the civilian labor force....    2.6      5.6      5.8      2.8      4.5      5.0      5.4      5.7      6.2  

  U-3 Total unemployed, as a percent of the civilian
       labor force (official unemployment rate)..........    5.2      8.6      9.1      5.5      7.6      8.1      8.5      8.9      9.4  

  U-4 Total unemployed plus discouraged workers, as a
       percent of the civilian labor force plus
       discouraged workers...............................    5.5      9.0      9.5      5.8      8.0      8.5      8.9      9.3      9.8  

  U-5 Total unemployed, plus discouraged workers, plus
       all other marginally attached workers, as a
       percent of the civilian labor force plus all
       marginally attached workers.......................    6.1      9.8     10.3      6.4      8.8      9.3      9.8     10.1     10.6  

  U-6 Total unemployed, plus all marginally attached
       workers, plus total employed part time for
       economic reasons, as a percent of the civilian
       labor force plus all marginally attached workers..    9.4     15.4     15.9      9.8     13.9     14.8     15.6     15.8     16.4  

   NOTE:  Marginally attached workers are persons who currently are neither working nor looking for work but indicate that they want and
 are available for a job and have looked for work sometime in the recent past.  Discouraged workers, a subset of the marginally attached,
 have given a job-market related reason for not looking currently for a job.  Persons employed part time for economic reasons are those
 who want and are available for full-time work but have had to settle for a part-time schedule.  For more information, see "BLS
 introduces new range of alternative unemployment measures," in the October 1995 issue of the Monthly Labor Review.  Updated population
 controls are introduced annually with the release of January data.

http://www.bls.gov/news.release/empsit.t12.htm

Employment Situation


Table of Contents

http://stats.bls.gov/news.release/empsit.toc.htm

Labor Force Statistics from the Current Population Survey
Series Id:           LNS13000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Level
Labor force status:  Unemployed
Type of data:        Number in thousands
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1948 2034 2328 2399 2386 2118 2214 2213 2350 2302 2259 2285 2429  
1949 2596 2849 3030 3260 3707 3776 4111 4193 4049 4916 3996 4063  
1950 4026 3936 3876 3575 3434 3367 3120 2799 2774 2625 2589 2639  
1951 2305 2117 2125 1919 1856 1995 1950 1933 2067 2194 2178 1960  
1952 1972 1957 1813 1811 1863 1884 1991 2087 1936 1839 1743 1667  
1953 1839 1636 1647 1723 1596 1607 1660 1665 1821 1974 2211 2818  
1954 3077 3331 3607 3749 3767 3551 3659 3854 3927 3666 3402 3196  
1955 3157 2969 2918 3049 2747 2701 2632 2784 2678 2830 2780 2761  
1956 2666 2606 2764 2650 2861 2882 2952 2701 2635 2571 2861 2790  
1957 2796 2622 2509 2600 2710 2856 2796 2747 2943 3020 3454 3476  
1958 3875 4303 4492 5016 5021 4944 5079 5025 4821 4570 4188 4191  
1959 4068 3965 3801 3571 3479 3429 3528 3588 3775 3910 4003 3653  
1960 3615 3329 3726 3620 3569 3766 3836 3946 3884 4252 4330 4617  
1961 4671 4832 4853 4893 5003 4885 4928 4682 4676 4573 4295 4177  
1962 4081 3871 3921 3906 3863 3844 3819 4013 3961 3803 4024 3907  
1963 4074 4238 4072 4055 4217 3977 4051 3878 3957 3987 4151 3975  
1964 4029 3932 3950 3918 3764 3814 3608 3655 3712 3726 3551 3651  
1965 3572 3730 3510 3595 3432 3387 3301 3254 3216 3143 3073 3031  
1966 2988 2820 2887 2828 2950 2872 2876 2900 2798 2798 2770 2912  
1967 2968 2915 2889 2895 2929 2992 2944 2945 2958 3143 3066 3018  
1968 2878 3001 2877 2709 2740 2938 2883 2768 2686 2689 2715 2685  
1969 2718 2692 2712 2758 2713 2816 2868 2856 3040 3049 2856 2884  
1970 3201 3453 3635 3797 3919 4071 4175 4256 4456 4591 4898 5076  
1971 4986 4903 4987 4959 4996 4949 5035 5134 5042 4954 5161 5154  
1972 5019 4928 5038 4959 4922 4923 4913 4939 4849 4875 4602 4543  
1973 4326 4452 4394 4459 4329 4363 4305 4305 4350 4144 4396 4489  
1974 4644 4731 4634 4618 4705 4927 5063 5022 5437 5523 6140 6636  
1975 7501 7520 7978 8210 8433 8220 8127 7928 7923 7897 7794 7744  
1976 7534 7326 7230 7330 7053 7322 7490 7518 7380 7430 7620 7545  
1977 7280 7443 7307 7059 6911 7134 6829 6925 6751 6763 6815 6386  
1978 6489 6318 6337 6180 6127 6028 6309 6080 6125 5947 6077 6228  
1979 6109 6173 6109 6069 5840 5959 5996 6320 6190 6296 6238 6325  
1980 6683 6702 6729 7358 7984 8098 8363 8281 8021 8088 8023 7718  
1981 8071 8051 7982 7869 8174 8098 7863 8036 8230 8646 9029 9267  
1982 9397 9705 9895 10244 10335 10538 10849 10881 11217 11529 11938 12051  
1983 11534 11545 11408 11268 11154 11246 10548 10623 10282 9887 9499 9331  
1984 9008 8791 8746 8762 8456 8226 8537 8519 8367 8381 8198 8358  
1985 8423 8321 8339 8395 8302 8460 8513 8196 8248 8298 8128 8138  
1986 7795 8402 8383 8364 8439 8508 8319 8135 8310 8243 8159 7883  
1987 7892 7865 7862 7542 7574 7398 7268 7261 7102 7227 7035 6936  
1988 6953 6929 6876 6601 6779 6546 6605 6843 6604 6568 6537 6518  
1989 6682 6359 6205 6468 6375 6577 6495 6511 6590 6630 6725 6667  
1990 6752 6651 6598 6797 6742 6590 6922 7188 7368 7459 7764 7901  
1991 8015 8265 8586 8439 8736 8692 8586 8666 8722 8842 8931 9198  
1992 9283 9454 9460 9415 9744 10040 9850 9787 9781 9398 9565 9557  
1993 9325 9183 9056 9110 9149 9121 8930 8763 8714 8750 8542 8477  
1994 8630 8583 8470 8331 7915 7927 7946 7933 7734 7632 7375 7230  
1995 7375 7187 7153 7645 7430 7427 7527 7484 7478 7328 7426 7423  
1996 7491 7313 7318 7415 7423 7095 7337 6882 6979 7031 7236 7253  
1997 7158 7102 7000 6873 6655 6799 6655 6608 6656 6454 6308 6476  
1998 6368 6306 6422 5941 6047 6212 6259 6179 6300 6280 6100 6032  
1999 5976 6111 5783 6004 5796 5951 6025 5838 5915 5778 5716 5653  
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634  
2001 6023 6089 6141 6271 6226 6484 6583 7042 7142 7694 8003 8258  
2002 8182 8215 8304 8599 8399 8393 8390 8304 8251 8307 8520 8640  
2003 8520 8618 8588 8842 8957 9266 9011 8896 8921 8732 8576 8317  
2004 8370 8167 8491 8170 8212 8286 8136 7990 7927 8061 7932 7934  
2005 7759 7972 7740 7683 7672 7551 7415 7360 7570 7457 7541 7219  
2006 7020 7176 7080 7142 7028 7039 7167 7118 6874 6738 6837 6688  
2007 7029 6887 6737 6874 6844 7028 7128 7123 7221 7295 7212 7541  
2008 7555 7423 7820 7675 8536 8662 8910 9550 9592 10221 10476 11108  
2009 11616 12467 13161 13724 14511                

America’s Greatest Depression Fighter

(No, it wasn’t Franklin Delano Roosevelt)

 

by Jim Powell

“…A depression not only harms millions of people. It leads to intense political pressure for more government spending, higher taxes and other assaults on economic liberty. So it’s important to get through a depression as quickly as possible. Which U.S. president ranks as the best depression fighter?

Not the fabled Franklin Delano Roosevelt, who came to power in 1933, since the Great Depression persisted until the federal government conscripted some 12 million men into the armed forces. Biographers and political historians hail FDR’s charismatic personality, his “Fireside Chats” and his political genius, but his tripling of taxes, his laws making it more expensive for employers to hire people, his anti-discounting laws, his large-scale destruction of food, the 700 industrial cartels he enforced, the monopolies he established, the frivolous antitrust lawsuits he authorized against big employers – these and other measures throttled recovery and prolonged unemployment averaging 17%.

America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, contributed to the deaths of 116,708 Americans, built up huge federal bureaucracies, imprisoned dissenters and incurred $25 billion of debt, for which he has been much praised by historians.

Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression “exceeded that for the Great Depression of the following decade for several quarters.” The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921. …”

“…Federal spending was cut from $6.3 billion in 1920 to $5 billion in 1921 and $3.2 billion in 1922. Federal taxes were cut from $6.6 billion in 1920 to $5.5 billion in 1921 and $4 billion in 1922. Harding’s policies started a trend. The low point for federal taxes was reached in 1924. For federal spending, in 1925. The federal government paid off debt, which had been $24.2 billion in 1920, and it continued to decline until 1930.

Conspicuously absent was business-bashing that became a hallmark of FDR’s speeches. Absent, too, were New Deal–type big government programs to make it more expensive for employers to hire people, to force prices above market levels, to promote cartels and monopolies. Frederick Lewis Allen wrote, “Business itself was regarded with a new veneration. Once it had been considered less dignified and distinguished than the learned professions, but now people thought they praised a clergyman highly when they called him a good business man.”

With Harding’s tax cuts, spending cuts and relatively non-interventionist economic policy, the gross national product rebounded to $74.1 billion in 1922. The number of unemployed fell to 2.8 million – a reported 6.7% of the labor force – in 1922. So, just a year and a half after Harding became president, the Roaring 20s were underway! The unemployment rate continued to decline, reaching a low of 1.8% in 1926 – an extraordinary feat. Since then, the unemployment rate has been lower only once in wartime (1944), and never in peacetime.

“The seven years from the autumn of 1922 to the autumn of 1929,” wrote Vedder and Gallaway, “were arguably the brightest period in the economic history of the United States. Virtually all the measures of economic well-being suggested that the economy had reached new heights in terms of prosperity and the achievement of improvements in human welfare. Real gross national product increased every year, consumer prices were stable (as measured by the consumer price index), real wages rose as a consequence of productivity advance, stock prices tripled. Automobile production in 1929 was almost precisely double the level of 1922. It was in the twenties that Americans bought their first car, their first radio, made their first long-distance telephone call, took their first out-of-state vacation. This was the decade when America entered ‘the age of mass consumption.’”

Warren Harding made additional contributions to liberty. In 1922, he nominated George Sutherland to the Supreme Court – and Sutherland went on to become one of the greatest champions of liberty who ever served there. The next year, Harding nominated Pierce Butler. These were to be two of the “Four Horsemen of Reaction” who, during the 1930s, courageously struck down FDR’s early New Deal legislation that had been suppressing recovery….”

“…Harding suffered a stroke and died in San Francisco on August 2, 1923. “At the time of his death, no president was more popular and admired,” John W. Dean wrote in his biography of Harding. Harding’s body was returned to Washington on a funeral train. According to Dean, “This trip, reported in every newspaper in the land, resulted in a public outpouring of sentiment the likes of which had not been experienced by the nation since the death of Abraham Lincoln, and would not occur again until the death of Franklin Roosevelt. An estimated 9 million people from factories and farms, schools and shops, in the cities and in the fields, spontaneously appeared along the railroad tracks to silently – and often in tears – pay last respects to a president they admired, a friend they’d lost.”

Unfortunately, Harding’s stunning success as a depression fighter was overshadowed by the Teapot Dome scandal that engulfed his administration after he died. This resulted from “progressive” era conservation policies in which the government owned land known to have petroleum reserves, at Teapot Dome, Wyoming and Elk Hills, California. Since the beginnings of recorded history, government involvement in the economy has always led to corruption, and Secretary of the Interior Albert Fall accepted bribes for leases enabling private companies to extract the oil. If the reserves had been privately owned, there wouldn’t have been a scandal….”

http://www.lewrockwell.com/orig4/powell-jim4.html

What was the unemployment rate during the Great Depression?

“…The unemployment rate for the years 1923-29 was 3.3 percent. In 1931 it jumped to 15.9, in 1933 it was 24.9 percent. It then steadily decreased until 1941 when it stood at 9.9%. In 1942, after U.S. entry into World War II, the rate dropped to 4.7%.

(Source: http://www.bls.gov/opub/cwc/cm20030124ar03p1.htm)

“…When trying to compare historical and contemporary employment and unemployment rates, it is important to note that US employment and unemployment figures (and there are multiple official employment and unemployment figures for the same time period, just as there are multiple official rates of inflation, depending on exactly what is being looked at) are now calculated differently than they were during the 1930s and 1940s. In general, current unemployment numbers would be between 5% and 10% higher if calculated in the same way as in the past; conversely, the numbers from the 1930s and 1940s would be 5% – 10% lower if calculated using our contemporary methods. One, but not the only, major change is that workers are no longer considered “unemployed” if they become discouraged after being unable to find a job and stop searching. These workers disappear from the numbers.

Employment and unemployment figures are also difficult to compare, since they are typically calculated differently. For example, official employment and unemployment numbers may go up at the same time, which is illogical if we think that these numbers are based on the same formula. …”

http://wiki.answers.com/Q/What_was_the_unemployment_rate_during_the_Great_Depression

Great Depression

by Gene Smiley

“…A worldwide depression struck countries with market economies at the end of the 1920s. Although the Great Depression was relatively mild in some countries, it was severe in others, particularly in the United States, where, at its nadir in 1933, 25 percent of all workers and 37 percent of all nonfarm workers were completely out of work. Some people starved; many others lost their farms and homes. Homeless vagabonds sneaked aboard the freight trains that crossed the nation. Dispossessed cotton farmers, the “Okies,” stuffed their possessions into dilapidated Model Ts and migrated to California in the false hope that the posters about plentiful jobs were true. Although the U.S. economy began to recover in the second quarter of 1933, the recovery largely stalled for most of 1934 and 1935. A more vigorous recovery commenced in late 1935 and continued into 1937, when a new depression occurred. The American economy had yet to fully recover from the Great Depression when the United States was drawn into World War II in December 1941. Because of this agonizingly slow recovery, the entire decade of the 1930s in the United States is often referred to as the Great Depression. …”

“…It is commonly argued that World War II provided the stimulus that brought the American economy out of the Great Depression. The number of unemployed workers declined by 7,050,000 between 1940 and 1943, but the number in military service rose by 8,590,000. The reduction in unemployment can be explained by the draft, not by the economic recovery. The rise in real GNP presents similar problems. Most estimates show declines in real consumption spending, which means that consumers were worse off during the war. Business investment fell during the war. Government spending on the war effort exceeded the expansion in real GNP. These figures are suspect, however, because we know that government estimates of the value of munitions spending, to name one major area, were increasingly exaggerated as the war progressed. In fact, the extensive price controls, rationing, and government control of production render data on GNP, consumption, investment, and the price level less meaningful. How can we establish a consistent price index when government mandates eliminated the production of most consumer durable goods? What does the price of, say, gasoline mean when it is arbitrarily held at a low level and gasoline purchases are rationed to address the shortage created by the price controls? What does the price of new tires mean when no new tires are produced for consumers? For consumers, the recovery came with the war’s end, when they could again buy products that were unavailable during the war and unaffordable during the 1930s. …”

http://www.econlib.org/library/Enc/GreatDepression.html

U.S. Labor Force Trends

“…

http://findarticles.com/p/articles/mi_qa3761/is_200806/ai_n28083118/

List of recessions in the United States

Recessions and other Economic Crises

Name  ↓ Dates  ↓ Duration  ↓ Time since start of previous entry  ↓ Causes References
Panic of 1797 1797–1800 &0000000000000003.0000003 years The effects of the deflation of the Bank of England crossed the Atlantic Ocean to North America and disrupted commercial and real estate markets in the United States and the Caribbean. Britain‘s economy was greatly affected by developing disflationary repercussions because it was fighting France in the French Revolutionary Wars at the time. [9] [5]
Depression of 1807 1807–1814 &0000000000000007.0000007 years &0000000000000010.00000010 years The Embargo Act of 1807 was passed by the United States Congress under President Thomas Jefferson. It devastated shipping-related industries. The Federalists fought the embargo and allowed smuggling to take place in New England. [10][11][5]
Panic of 1819 1819–1824 &0000000000000005.0000005 years &0000000000000012.00000012 years The first major financial crisis in the United States featured widespread foreclosures, bank failures, unemployment, and a slump in agriculture and manufacturing. It also marked the end of the economic expansion that followed the War of 1812. [12][13][5]
Panic of 1837 1837–1843 &0000000000000006.0000006 years &0000000000000018.00000018 years A sharp downturn in the American economy was caused by bank failures and lack of confidence in the paper currency. Speculation markets were greatly affected when American banks stopped payment in specie (gold and silver coinage). [14][5]
Panic of 1857 1857–1860 &0000000000000003.0000003 years &0000000000000020.00000020 years Failure of the Ohio Life Insurance and Trust Company burst a European speculative bubble in United States railroads and caused a loss of confidence in American banks. Over 5,000 businesses failed within the first year of the Panic, and unemployment was accompanied by protest meetings in urban areas. [15][5]
Panic of 1873 1873–1879 &0000000000000006.0000006 years &0000000000000016.00000016 years Economic problems in Europe prompted the failure of the Jay Cooke & Company, the largest bank in the United States, which burst the post-Civil War speculative bubble. The Coinage Act of 1873 also contributed by immediately depressing the price of silver, which hurt North American mining interests. [16][5]
Long Depression 1873–1896 &0000000000000023.00000023 years The collapse of the Vienna Stock Exchange caused a depression that spread throughout the world. It is important to note that during this period, the global industrial production greatly increased. In the United States, for example, industrial output increased fourfold. [17][5]
Panic of 1893 1893–1896 &0000000000000003.0000003 years &0000000000000020.00000020 years Failure of the United States Reading Railroad and withdrawal of European investment led to a stock market and banking collapse. This Panic was also precipitated in part by a run on the gold supply. [18][5]
Panic of 1907 1907–1908 &0000000000000001.0000001 year &0000000000000014.00000014 years A run on Knickerbocker Trust Company deposits on October 22, 1907, set events in motion that would lead to a severe monetary contraction. [19][5]
Post-World War I recession 1918–1921 &0000000000000003.0000003 years &0000000000000011.00000011 years Severe hyperinflation in Europe took place over production in North America. It was a brief but very sharp recession and was caused by the end of wartime production, along with an influx of labor from returning troops. This in turn caused high unemployment. [20][5]
Great Depression 1929–1933 &0000000000000043.00000043 months &0000000000000021.00000021 months Stock markets crashed worldwide, and a banking collapse took place in the United States. Although sometimes dated as lasting until the Second World War, the US economy was growing again by 1933, and technically the U.S. was not in recession from 1933 to 1937 [21][5]
Recession of 1937 1937–1938 &0000000000000013.00000013 months &0000000000000050.00000050 months The Recession of 1937 is only considered minor when compared to the Great Depression, but is otherwise among the worst recessions of the 20th century. [22]
Recession of 1945 Feb-Oct 1945 &0000000000000008.0000008 months &0000000000000080.00000080 months The decline in government spending at the end of World War II led to an enormous drop in Gross Domestic Product making this technically a recession. The Post War years were unusual in a number of ways and this era has little in common with other recessions. [23]
Recession of 1948 Nov 1948–Oct 1949 &0000000000000011.00000011 months &0000000000000037.00000037 months The 1948 recession was a relatively brief cyclical economic downturn, the mildness of which led to confidence in the notion that the Post War-era would be a period of stronger growth. [24]
Recession of 1953 July 1953–May 1954 &0000000000000010.00000010 months &0000000000000045.00000045 months After a post-Korean War inflationary period, more funds were transferred into national security. The Federal Reserve changed monetary policy to be more restrictive in 1952 due to fears of further inflation. [25][26][5]
Recession of 1958 Aug 1957–April 1958 &0000000000000008.0000008 months &0000000000000039.00000039 months Monetary policy was tightened during the two years preceding 1957, followed by an easing of policy at the end of 1957. The budget balance resulted in a change in budget surplus of 0.8% of GDP in 1957 to a budget deficit of 0.6% of GDP in 1958, and then to 2.6% of GDP in 1959. [27][5]
Recession of 1960-1 April 1960–Feb 1961 &0000000000000010.00000010 months &0000000000000024.00000024 months After President Kennedy’s 30 January 1961 call for increased government spending to improve the Gross National Product and to reduce unemployment, the 1960-61 recession ended in February.[28]
Recession of 1969-70 Dec 1969–Nov 1970 &0000000000000011.00000011 months &0000000000000106.000000106 months The relatively mild 1969 recession is thought to have been mostly caused by the Federal Reserve raising interest rates to hold down inflation. [5]
1973 oil crisis1973–1974 stock market crash Nov. 1973– March 1975 &0000000000000016.00000016 months &0000000000000036.00000036 months A quadrupling of oil prices by OPEC coupled with high government spending due to the Vietnam War led to stagflation in the United States. [29][5]
1980 recession Jan-July 1980 &0000000000000006.0000006 months &0000000000000058.00000058 months The NBER considers a short recession to have occurred in 1980, followed by a short period of growth and then a deep recession. Unemployment remained relatively elevated inbetween recessions. The early ’80s are sometimes referred to as a “double dip” or “w-shaped” recession. [5]
Early 1980s recession July 1981–Nov 1982 &0000000000000016.00000016 months &0000000000000012.00000012 months The Iranian Revolution sharply increased the price of oil around the world in 1979, causing the 1979 energy crisis. This was caused by the new regime in power in Iran, which exported oil at inconsistent intervals and at a lower volume, forcing prices to go up. Tight monetary policy in the United States to control inflation led to another recession. The changes were made largely because of inflation that was carried over from the previous decade due to the 1973 oil crisis and the 1979 energy crisis. [30][31][5]
Early 1990s recession July 1990–March 1991 &0000000000000008.0000008 months &0000000000000092.00000092 months Industrial production and manufacturing-trade sales increased in early 1991. [32][5]
Early 2000s recession Mar-Nov 2001 &0000000000000008.0000008 months &0000000000000120.000000120 months The collapse of the dot-com bubble, the September 11th attacks, and accounting scandals contributed to a relatively mild contraction in the North American economy. [33][5]
Late 2000s recession Dec 2007-current ongoing &0000000000000073.00000073 months The collapse of the housing market led to bank collapses in the US and Europe, causing the amount of available credit to be sharply curtailed, resulting in huge liquidity and solvency crises. In addition, record oil prices and food prices, stock markets crashed globally, and several high profile banking, automotive, and manufacturing giants collapsed in the United States [34][35]

http://en.wikipedia.org/wiki/Us_recessions

Economic Depressions: Their Cause and Cure

by Murray N. Rothbard

“…Thus, the Misesian theory of the business cycle accounts for all of our puzzles: The repeated and recurrent nature of the cycle, the massive cluster of entrepreneurial error, the far greater intensity of the boom and bust in the producers’ goods industries.

Mises, then, pinpoints the blame for the cycle on inflationary bank credit expansion propelled by the intervention of government and its central bank. What does Mises say should be done, say by government, once the depression arrives? What is the governmental role in the cure of depression? In the first place, government must cease inflating as soon as possible. It is true that this will, inevitably, bring the inflationary boom abruptly to an end, and commence the inevitable recession or depression. But the longer the government waits for this, the worse the necessary readjustments will have to be. The sooner the depression-readjustment is gotten over with, the better. This means, also, that the government must never try to prop up unsound business situations; it must never bail out or lend money to business firms in trouble. Doing this will simply prolong the agony and convert a sharp and quick depression phase into a lingering and chronic disease. The government must never try to prop up wage rates or prices of producers’ goods; doing so will prolong and delay indefinitely the completion of the depression-adjustment process; it will cause indefinite and prolonged depression and mass unemployment in the vital capital goods industries. The government must not try to inflate again, in order to get out of the depression. For even if this reinflation succeeds, it will only sow greater trouble later on. The government must do nothing to encourage consumption, and it must not increase its own expenditures, for this will further increase the social consumption/investment ratio. In fact, cutting the government budget will improve the ratio. What the economy needs is not more consumption spending but more saving, in order to validate some of the excessive investments of the boom.

Thus, what the government should do, according to the Misesian analysis of the depression, is absolutely nothing. It should, from the point of view of economic health and ending the depression as quickly as possible, maintain a strict hands off, “laissez-faire” policy. Anything it does will delay and obstruct the adjustment process of the market; the less it does, the more rapidly will the market adjustment process do its work, and sound economic recovery ensue.

The Misesian prescription is thus the exact opposite of the Keynesian: It is for the government to keep absolute hands off the economy and to confine itself to stopping its own inflation and to cutting its own budget.

If Coolidge made 1929 inevitable, it was President Hoover who prolonged and deepened the depression, transforming it from a typically sharp but swiftly-disappearing depression into a lingering and near-fatal malady, a malady “cured” only by the holocaust of World War II. Hoover, not Franklin Roosevelt, was the founder of the policy of the “New Deal”: essentially the massive use of the State to do exactly what Misesian theory would most warn against – to prop up wage rates above their free-market levels, prop up prices, inflate credit, and lend money to shaky business positions. Roosevelt only advanced, to a greater degree, what Hoover had pioneered. The result for the first time in American history, was a nearly perpetual depression and nearly permanent mass unemployment. The Coolidge crisis had become the unprecedentedly prolonged Hoover-Roosevelt depression.

Ludwig von Mises had predicted the depression during the heyday of the great boom of the 1920s – a time, just like today, when economists and politicians, armed with a “new economics” of perpetual inflation, and with new “tools” provided by the Federal Reserve System, proclaimed a perpetual “New Era” of permanent prosperity guaranteed by our wise economic doctors in Washington. Ludwig von Mises, alone armed with a correct theory of the business cycle, was one of the very few economists to predict the Great Depression, and hence the economic world was forced to listen to him with respect. F. A. Hayek spread the word in England, and the younger English economists were all, in the early 1930s, beginning to adopt the Misesian cycle theory for their analysis of the depression – and also to adopt, of course, the strictly free-market policy prescription that flowed with this theory. Unfortunately, economists have now adopted the historical notion of Lord Keynes: That no “classical economists” had a theory of the business cycle until Keynes came along in 1936. There was a theory of the depression; it was the classical economic tradition; its prescription was strict hard money and laissez-faire; and it was rapidly being adopted, in England and even in the United States, as the accepted theory of the business cycle. (A particular irony is that the major “Austrian” proponent in the United States in the early and mid-1930s was none other than Professor Alvin Hansen, very soon to make his mark as the outstanding Keynesian disciple in this country.)

What swamped the growing acceptance of Misesian cycle theory was simply the “Keynesian Revolution” – the amazing sweep that Keynesian theory made of the economic world shortly after the publication of the General Theory in 1936. It is not that Misesian theory was refuted successfully; it was just forgotten in the rush to climb on the suddenly fashionable Keynesian bandwagon. Some of the leading adherents of the Mises theory – who clearly knew better – succumbed to the newly established winds of doctrine, and won leading American university posts as a consequence.

But now the once arch-Keynesian London Economist has recently proclaimed that “Keynes is Dead.” After over a decade of facing trenchant theoretical critiques and refutation by stubborn economic facts, the Keynesians are now in general and massive retreat. Once again, the money supply and bank credit are being grudgingly acknowledged to play a leading role in the cycle. The time is ripe – for a rediscovery, a renaissance, of the Mises theory of the business cycle. It can come none too soon; if it ever does, the whole concept of a Council of Economic Advisors would be swept away, and we would see a massive retreat of government from the economic sphere. But for all this to happen, the world of economics, and the public at large, must be made aware of the existence of an explanation of the business cycle that has lain neglected on the shelf for all too many tragic years. …”

http://www.lewrockwell.com/rothbard/rothbard183.html


1929 – The Great Wall Street Crash & Depression: Part 1 of 6

1929 – The Great Wall Street Crash & Depression: Part 2 of 6

1929 – The Great Wall Street Crash & Depression: Part 3 of 6

1929 – The Great Wall Street Crash & Depression: Part 4 of 6

1929 – The Great Wall Street Crash & Depression: Part 5 of 6

1929 – The Great Wall Street Crash & Depression: Part 6 of 6

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