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Bloomberg Warns High US Unemployment Could Lead to Riots
09-17-2011, 01:27 PM #1
Ghostie Member
Posts:1,074 Threads:212 Joined:Mar 2011
New York City Mayor Michael Bloomberg warned today that public frustration over joblessness in the U.S. is in danger of boiling over and could lead to riots in the streets if the government fails to create more jobs.

“You have a lot of kids graduating college who can’t find jobs. That’s what happened in Cairo. That’s what happened in Madrid. You don’t want those kinds of riots here,” Bloomberg said on his weekly radio show, referencing the riots in Egypt that ousted President Hosni Mubarak.

The protests in Madrid that he spoke of were sparked when the Spanish government spent millions to welcome Pope Benedict despite the country’s widespread unemployment.

Bloomberg’s comments came as President Obama continues to pressure Congress to pass his $447 billion jobs bill, urging Republicans to stop the “game-playing” and put country ahead of party.

“There is no overnight solution,” Bloomberg said. “You create these problems over long periods of time and all of a sudden they say, ‘Let’s face it today.’

read more here linky
09-17-2011, 01:43 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
I've lost all faith in fluoridated sheep on anti depressants, Sorry but Riot means actually getting your fat lazy sheep ass up off the couch away from the TV, Doritos and refrigerator.
Nothing to see here. Wont happen.
People didn't riot over 911, so this aint happening. gaah.gif
I've been fluoride free for over a year, most people would be astonished what it's like to actually think again. So sad, and so in denial.

wonder.gif
09-17-2011, 02:59 PM #3
Upāsaka Member
Posts:1,383 Threads:252 Joined:Feb 2011

I have quoted the most pressing and potentially dangerous points of the current jobless situation.

People won't riot until the SNAP Stamps dry up or the 99ers (weeks without work who drop completely out of the system) come together to realize how many of them there is. Although I wonder How many 99ers are arrested for 'Vagrancy'=being dirt poor, and thrown in slave jail work complex?

Quote:By Michael Thornton AlterNet.Org

11 Reasons Why the Unemployment Crisis Is Even Worse Than You Think
Here are 11 unemployment facts that mass media underreport or ignore completely.

........There are 6.9 million fewer jobs today than at the start of the Great Recession, but that tells only half the tale of the jobs deficit. There is also the matter of creating jobs to keep up with the increase in workforce population. Those new workers include high school and college graduates, and immigrants. The number of jobs that need to be created each month to accommodate new entrants into the workforce ranges from 120,000 - 150,000. Adding together the jobs lost since the recession and the new jobs needed for population growth, the total jobs deficit is estimated to be 11.3 million. A few tax breaks, some targeted workforce retraining and some regulatory relief for businesses are not going to be the forces behind the creation of more than 11 million jobs...According to EPI: “To fill that gap in three years – by mid-2014—while still keeping up with the growth in the working-age population—would require adding around 400,000 jobs every single month. To fill the gap in five years—by mid-2016—would mean adding 280,000 jobs each month. By comparison, over the last three months, the economy added just 35,000 jobs, on average.”

...What is missing from that JOLTS report? Plenty. First, the 4.3 unemployed per job opening is limited to the 14 million U3 unemployed (the 9.1 percent). But those aren’t the only unemployed wanting a full-time job. There are the 2.6 million marginally attached workers, 8.8 million underemployed (those who want full-time work, but are working part-time). I’m not going to include the 3.9 million non-unemployed unemployed (explained later). When those 11.4 million workers are included with the 14 million U3 unemployed, there are 25.4 million workers and 3.2 million jobs, or 8 unemployed or underemployed workers per job opening....

...there are 139,627,000 employed workers, of which 27,034,000 are part-timers. More than 19 percent of all workers work part-time. If nearly 20 percent of all available job openings are part-time, there are only 2.56 million full-time jobs for 25.4 million unemployed and underemployed who want full-time work, or 10 workers for each available full-time position; more than double the 4.3 workers per job opening touted by most media outlets...


09-17-2011, 08:48 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,276 Threads:1,438 Joined:Feb 2011
Quote:thrown in slave jail work complex

That's why the war on drugs is so profitable.

Private prisons are lucky enough to get free labor from guys for 20 years that just smoked a little pot.

They can give 'em 3 squares a day, medical, health and dental benefits AND put a very secure roof over their heads, but these same individuals are left to become homeless and die if they commit no crimes.

Anybody else see anything incredibly ƒükkêd ?

Sad thing is this is the future. FEMA camps are ready to serve this purpose. Wont be long by the looks of things.

wonder.gif



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