While I agree that the total workforce is an important factor to examine – I tire of FITS never taking the extra step of explaining in detail WHY it is so important and they never bring on anyone with expertise who will discuss all the various economic factors that effect the rate. It’s such a wasted opportunity to teach the average joe more about how these economic numbers and stats are comprised, and teach them how not to be manipulated by those who lie via cherry-picked statistics [recall Truman’s famous line about lies & statistics].
But there is also a common sense, 50kft level observation that is always relevant. If there isn’t massive homelessness, property theft crime and widespread hunger among the non-retiree population, but only a larger share of people living at or slightly above the poverty line, then a big factor to consider is whether the so-called safety net of our socialist- based welfare programs has instead become a hammock for those who hate working more than they love the upward mobility and respectability of hard honest work. its the debate that has lasted down through decades- mostly since LBJ’s great Society program initiation. Anyone really interested in this topic should go back and read the statements made by Democrats on the floor of Congress back in the 19602 expounding how these new welfare programs were going to eradicate poverty within a generation in this Country. What a farce that was.
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Is this number of employed out of total population? With our high number of retirees in SC that would skew things.
While I agree that the total workforce is an important factor to examine – I tire of FITS never taking the extra step of explaining in detail WHY it is so important and they never bring on anyone with expertise who will discuss all the various economic factors that effect the rate. It’s such a wasted opportunity to teach the average joe more about how these economic numbers and stats are comprised, and teach them how not to be manipulated by those who lie via cherry-picked statistics [recall Truman’s famous line about lies & statistics].
But there is also a common sense, 50kft level observation that is always relevant. If there isn’t massive homelessness, property theft crime and widespread hunger among the non-retiree population, but only a larger share of people living at or slightly above the poverty line, then a big factor to consider is whether the so-called safety net of our socialist- based welfare programs has instead become a hammock for those who hate working more than they love the upward mobility and respectability of hard honest work. its the debate that has lasted down through decades- mostly since LBJ’s great Society program initiation. Anyone really interested in this topic should go back and read the statements made by Democrats on the floor of Congress back in the 19602 expounding how these new welfare programs were going to eradicate poverty within a generation in this Country. What a farce that was.