Daily Archives: December 26, 2016

Wolf Richter: New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said)

Naked Capitalism has the article Wolf Richter: New Census Data Shows Why the Job Market is Still “Terrible” (as Trump said).

So the number of jobs since 2010 has risen by 13.8 million – which the economists are endlessly touting, along with the even better sounding 14.8 million since 2011. But the population has increased by 16 million since 2010. Most of them are people of working age, jostling for position to grab one of these jobs that would put them on the nonfarm payrolls. And this is why the job market for many individuals is “terrible,” as Trump said.

Read this article to be armed with the numbers when any neo-liberal tries to tell you how many wonderful jobs have been created under President Obama. Many of us, especially Bernie Sanders supporters, have been saying this for over a year. The neo-liberals who thought they could win elections by pretending we were not experiencing what we could plainly see happening include Hillary Clinton, Elizabeth Warren, and Barrack Obama.

Since Elizabeth Warren is my Senator, I can make an effort to see that she has to pay a political price for endorsing Hillary Clinton when she could have and should have endorsed Bernie Sanders. It is the only way that these people will get the message. And if they still don’t get the message, at least we will have pushed them out of the way to where they can do no harm.

Elizabeth Warren The Phony

Elizabeth Warren sent me a solicitation to support the Economic Policy Institute.

Elizabeth Warren is a traitor to the cause of the 99%. She is just another politician who will say anything. I don’t think she believes a word she says given that she could endorse Hillary Clinton and pretend that Clinton was a champion for the 99%. She had a chance to endorse the true representative, Bernie Sanders, but she muffed it.

I have unsubscribed from the email list of the Economic Policy Institute.