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Comment: REAL UNEMPLOYMENT RATE IS AT LEAST 18 PERCENT (Score 0) 501

by walterbyrd (#47571799) Attached to: Jesse Jackson: Tech Diversity Is Next Civil Rights Step

http://www.breitbart.com/Big-Government/2014/07/29/Real-Unemployment-Rate-Is-at-Least-18-Percent

Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story.

The jobless rate may be down from its recession peak of 10 percent, but much of this results from adults, discouraged by the lack of decent job openings, having quit altogether. They are neither employed nor looking for work.

Only about half of the drop in the adult participation rate may be attributed to the Baby Boom generation reaching retirement age. Lacking adequate resources to retire, a larger percentage of adults over 65 are working than before the recession.

Many Americans who would like full time jobs are stuck in part-time positions, because businesses can hire desirable part-time workers to supplement a core of permanent, full-time employees, but at lower wages. And Obamacare’s employer health insurance mandates will not apply to workers on the job less than 30 hours a week.

Since 2000, Congress has enhanced the earned income tax credit and expanded programs that provide direct benefits to low-income workers, including food stamps, Medicaid, Obamacare, and rent and mortgage assistance.

Virtually all phase as family incomes rise, either by securing higher hourly pay or working more hours, and impose an effective marginal tax rate as high as 50 percent. Consequently, these programs discourage work and skills acquisition and encourage single parents and one partner in two adult households not to work. Often, these motivate single people to work only part-time.

Undocumented immigrants face more difficulties accessing these programs, and lax immigration enforcement permits them to openly take jobs that government benefits discourage low-income Americans from accepting.

Employers can, intentionally or unintentionally, abuse the H-1B visa program, which permit businesses to employ foreign workers when qualified Americans are unavailable. Americans may be overlooked because they demand higher wages or are not networked with immigrants that are already employed in technical and managerial positions.

The economy has created only about 6 million new jobs during the Bush-Obama years, whereas the comparable figure during the Reagan-Clinton period was about 40 million. A recent study by the Center for Immigration Studies indicates that virtually all the new jobs created since 2000 went to immigrants, whereas none were created for native-born Americans.

Adding in discouraged adults who say they would begin looking for work if conditions were better, those working part-time but say they want full time work, and the effects of immigration, the unemployment rate becomes about 15 percent—and that is a lower bound estimate.

Many young people are being duped both by unscrupulous for profit, post-secondary institutions—as well as accredited colleges and universities with low admission standards—to enroll in useless programs. They would likely be in the labor force now but for easy access to federally sponsored loans and will end up heavily in debt.

Adding in these students, the real unemployment rate among U.S. citizens and permanent residents is at least 18 percent.

Since 2000, GDP growth has averaged 1.7 per year, whereas during the Reagan-Clinton years, it was 3.4 percent. The reluctance of both Presidents Bush and Obama to confront Chinese protectionism and currency manipulation and open up offshore oil for development have created a huge trade deficit that sends consumer demand, growth, and jobs abroad.

New business regulations, more burdensome than are necessary to accomplish legitimate consumer protection and environmental objectives, exacerbate these problems.

All of this suppresses wages except for the most skilled and talented workers.

No surprise, average family income, adjusted for inflation has fallen from about $55,600 in 2007 to $51,000 even as the gap between families at the bottom and top widens.

+ - Silicon Valley has created an imaginary staffing shortage->

Submitted by walterbyrd
walterbyrd (182728) writes "As longtime researchers of the STEM workforce and immigration who have separately done in-depth analyses on these issues, and having no self-interest in the outcomes of the legislative debate, we feel compelled to report that none of us has been able to find any credible evidence to support the IT industry's assertions of labor shortages."
Link to Original Source

+ - UK government officially adopts Open Document Format->

Submitted by walterbyrd
walterbyrd (182728) writes "There's some pointed language in the announcement, which includes a canned quote from Mike Bracken, executive director of the Government Digital Service to the effect that “Using an open standard will mean people won’t have costs imposed on them just to view or work with information from government.”"
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+ - A week before MS layoffs announcement, Bill Gates calls for more imported labor->

Submitted by walterbyrd
walterbyrd (182728) writes "We believe it borders on insanity to train intelligent and motivated people in our universities — often subsidizing their education — and then to deport them when they graduate. Many of these people, of course, want to return to their home country — and that’s fine. But for those who wish to stay and work in computer science or technology, fields badly in need of their services, let’s roll out the welcome mat."
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Comment: Bill Gates calls for more imported labor. (Score 1) 272

by walterbyrd (#47484005) Attached to: Ask Slashdot: How Many Employees Does Microsoft Really Need?

As a side note. The announcement of the huge Microsoft layoffs come one week after Bill Gates calls for more imported labor.

Break the Immigration Impasse
By SHELDON G. ADELSON, WARREN E. BUFFETT and BILL GATESJULY 10, 2014
http://www.nytimes.com/2014/07/11/opinion/sheldon-adelson-warren-buffett-and-bill-gates-on-immigration-reform.html?_r=0

+ - Comic's character "Archie Andrews" is going to be shot, and killed->

Submitted by walterbyrd
walterbyrd (182728) writes "And unlike a lot of comics deaths, it looks like this one is going to stick, because the comic in which it's happening will be ending its run next month, publishing just one additional issue after Archie dies. (August's final issue will pick up one year after his death to examine how his friends and loved ones have moved on in the wake of his death.)

And he won't just die. He'll die because he took a bullet to protect his good friend, gay senator Kevin Keller, as part of a storyline that examines issues of gun control."

Link to Original Source

Comment: Re:I've always thought that the best way for Israe (Score 1) 379

by walterbyrd (#47443043) Attached to: A Skeptical View of Israel's Iron Dome Rocket Defense System

Wrong.

Israeli airstrikes are a response to Palestinian aggression. Were it not for the rocket attacks, Israel would not have launched air strikes.

The entire thing started because Israeli teenagers were kidnapped and murdered.

Hamas is committed to the death of all Jews - it's right in the Hamas charter.

Israel may not be perfect, but let's not pretend that the Palestinians are just innocent victims in all this.

+ - Linux Lands on NSA Watch List->

Submitted by walterbyrd
walterbyrd (182728) writes "According to a report first published in German on Tagesschau on July 3 and followed up by an English language report on DasErste, Linux users are an area of specific interest for surveillance. The report details rules in the XKeyscore source code that identify visitors to the Linux Journal Website, the Tor Onion Router site as well as the Tails Linux distribution site. NSA's interest in Tor has been previously documented in an October 2013 report."
Link to Original Source

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