Posted by: endithinks | March 7, 2011

Half Way There (repost)

Half Way There

The economy is tough everywhere for most people anyway.  People are living their lives on a prayer and a shoestring budget a far cry from what they are used to.  We’ve seen a stubborn unemployment rate hovering around nine percent for nearly two years now and the numbers that seem to be shrinking are still not getting to the real picture of hardship that most families are going through.

Unemployment itself is of course misinforming.  The rate of unemployment is calculated with quite a few omissions.  Firstly, the rate only reflects those who are actively looking for work, as in filling out resumes, writing cover letters and attending job fairs.  Those people who have given up or have stopped actively pursuing work are not counted.  So that means that anyone who is homeless, anyone who is living off of a loved one, relative, or acquaintance or anyone who is infirm or unable to work is not counted.

Also, the unemployment rate does not discriminate between someone working full time or part time.  The people who have work that is under twenty hours count as fully employed.  Those who work more than one job due to economic pressure do not count for more than one, but they reflect the fact that many people may be working and not earning a living wage.

One callous congressman, who shall not be named, once boasted that the United States had ninety one percent of people working failing to realize the insensitivity of such an asinine statement.  The amount of living wages in the United States has been dropping faster than we can replace them.  We have seen good paying work being replaced by either technology or outsourcing and that is simply a matter of economics.  I am not one who believes we can or even should bring back manufacturing jobs if we cannot make products that are superior or more cost effective.  Our future does not lie in the past “glory days” of manufacturing, but in the future of ideas and innovation.

For the entire article please go to endithinks.blogspot.com.

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