Jed: I agree that 'apocalyptic' is a bit too strong for the U.S. situation, however, one thing that really ticks me off is the way govt 'revises' stats so things don't seem so bad. For instance, the 'official' Unemployment number does not reflect people whose unemployment compensation has run out AND those who only can find part-time work AND all the consultants whose businesses have dwindled to the point of barely making ends meet. So the govt figure of 8.2% is a joke. the real number is over double that. So things are close to what it was like in the Depression (1933, pop:92,950,000, wrkforce:51,840,000, unemp:12,830,000, 24.75%). The citizens need the truth from govt if they are to make wise and informed decisions. but not holding my breath on getting ALL the facts from our elected officials. The 'system' has degraded pretty much so it's just two elitist clubs playing games with the citizens while they 'play politics' to gain a majority.
-Mark From: Jed Rothwell [mailto:[email protected]] Sent: Thursday, July 19, 2012 6:52 AM To: [email protected] Subject: Re: [Vo]:Migrant Workers in China Face Competition from Robots Alain Sepeda <[email protected]> wrote: Your message remind me that serie of article. It is more focussed on EU, and for now, sadly, they apocalyptic prediction have been more or less confirmed . . . That is silly. The U.S. has been through much worse crises than it presently faces, in 1860, 1932 and 1942. There is nothing apocalyptic about our problems. People should read history, and try to have a sense of perspective. - Jed
