Ziggurat
Penultimate Amazing
- Joined
- Jun 19, 2003
- Messages
- 61,683
I honestly believe he may be religious enough to try and bring the Apocalypse on during his watch.

I honestly believe he may be religious enough to try and bring the Apocalypse on during his watch.

I don't think it is funny.
Check out a comedian/journalist'svideo of some of his supporters.
He is dangerous.
That's part of what MAKES it funny. Your paranoia is completely honest. If you were just joking, it wouldn't be nearly as amusing.
I know he lies like a rug though. With a straight face says that employment is down the last 7 years under the iron fist of Obama and Hilliary.
???
Crazy religious people have always scared me.
There are multiple measures of employment. The labor participation rate, a pretty important measure of employment (which has the advantage over raw job numbers of scaling with increased population), is indeed down.
http://data.bls.gov/timeseries/LNS11300000
[qimg]http://data.bls.gov/generated_files/graphics/latest_numbers_LNS11300000_2006_2016_all_period_M03_data.gif[/qimg]
This isn't some new obscure statistic, I'm a little surprised that you didn't know about this.
There are multiple measures of employment. The labor participation rate, a pretty important measure of employment (which has the advantage over raw job numbers of scaling with increased population), is indeed down.
http://data.bls.gov/timeseries/LNS11300000
[qimg]http://data.bls.gov/generated_files/graphics/latest_numbers_LNS11300000_2006_2016_all_period_M03_data.gif[/qimg]
This isn't some new obscure statistic, I'm a little surprised that you didn't know about this.
The big problem with the labour participation rate is that it isn't a particularly good measure. For example, if you have a larger number of people of working age in education (an educated and more skilled workforce being a good thing) then the participation rate will be lower. If you have more people retiring, or a switch towards stay at home parents then the labour participation rate will drop.
The articles I have read (and linked below) seem to indicate that it's the baby boomers retiring which is the largest single factor driving down this number
http://equitablegrowth.org/declinin...pation-rate-causes-consequences-path-forward/
http://www.usnews.com/news/the-repo...ow-but-more-workers-are-leaving-the-workforce
http://fortune.com/2015/07/02/us-labor-force-participation-drops/
http://qz.com/286213/the-chart-obama-haters-love-most-and-the-truth-behind-it/
Consider a report from the Bureau of Labor Statistics issued in November 2006, more than two years before Obama took office and before the start of the Great Recession. It pegged the start of the decline in participation rates at around 2000, and projected the decline would continue for the next four decades.
Bureau of Labor Statistics, November 2006: Every year after 2000, the rate declined gradually, from 66.8 percent in 2001 to 66.0 percent in 2004 and 2005. According to the BLS projections, the overall participation rate will continue its gradual decrease each decade and reach 60.4 percent in 2050.Among the reasons cited for the trend:
1) The aging of baby boomers. A lower percentage of older Americans choose to work than those who are middle-aged. And so as baby boomers approach retirement age, it lowers the labor force participation rate.
2) A decline in working women. The labor force participation rate for men has been declining since the 1950s. But for a couple decades, a rapid rise in working women more than offset that dip. Women’s labor force participation exploded from nearly 34 percent in 1950 to its peak of 60 percent in 1999. But since then, women’s participation rate has been “displaying a pattern of slow decline.”
3) More young people are going to college. As BLS noted, “Because students are less likely to participate in the labor force, increases in school attendance at the secondary and college levels and, especially, increases in school attendance during the summer, significantly reduce the labor force participation rate of youths.”
So no matter who was president, and independent of the health of the economy, BLS projected in 2006 that labor force participation rates were going to go down.
<snip>
However, Fujita concluded, “Almost all of the decline (80 percent) in the participation rate since the first quarter of 2012 is accounted for by the increase in nonparticipation due to retirement. This implies that the decline in the unemployment rate since 2012 is not due to more discouraged workers dropping out of the labor force.”
The big problem with the labour participation rate is that it isn't a particularly good measure.
The labor participation rate peaked in 2000 and has been falling ever since.
The participation rate has less to do with political policies than demographics, baby boomers retiring, and other things. It's not the gotcha that some conservatives think it is when countering the lower unemployment rates under Obama
Neither is the "official" unemployment rate. No single measure is. But if you want to start calling statements by politicians based on one measure a lie, then basically everything any politician has ever said about employment is a lie. I don't actually mind such an approach, but in that case Ted Cruz isn't in any way exceptional.
That's not the thing you are lying about. You are lying about the reasons for the decline in the Labor Participation Rates.
It's not an indication of the declining economy unless you control for
1) The aging of baby boomers.
2) A decline in working women.
3) More young people are going to college.
So unless you control for those three variables, you got nothing.
Obviously all sectors of the economy are not doing well, but some certainly are.
And I'm willing to look at valid data about the overall state of the economy. But you haven't provided that.
Look up the report. Compare their projections to what actually happened.
2005: 66.0%
2010: projected 65.9%
2020: projected 64.5%
Now, what actually happened? Well, it dropped below 65% in 2010, and in 2015 it was below 63%. So yes, the BLS predicted in 2006 that the labor force participation rate would drop due to demographic factors. But it dropped a lot more than they predicted it would. That additional deficit is not due to demographics, and it's very significant.
Can't that just mean their projections were off?
Follow my link the the BLS website, and graph the data yourself. Yes, the rate was dropping, but it dropped much faster after 2008.
Of course their projections were off. They didn't project the recession.
If you're trying to imply that they got the number of retiring boomers wrong, again, the participation rate has actually gone UP from 2004 to 2014 for every age group over 55. So no, boomer retirement doesn't explain the decline. Neither do women or college kids. The recession does.
It dropped much faster because the economy tanked. Obama didn't cause the economy to tank
Agreed, but I thought the whole idea was that many conservatives claim it was Obama's policies that caused the drop.
I know he lies like a rug though. With a straight face says that employment is down the last 7 years under the iron fist of Obama and Hilliary.
???