According to an analysis done by TIME Magazine’s Justin Fox, almost 20% of 25-54 year old men are unemployed today, a receord since the Bureau of Labor Statistics started keeping track of the data just after World War II.
An unemployment rate of 20% among men in their prime is shocking.
Absent the substantial government transfer payments today and the large labor force participation by women, the 20% male unemployment figure would be regarded as a national emergency.
Rome is burning. And yet Congress and the administration fiddle with crooked healthcare deals, tomfoolery such as AGW, perverse nonsense like cap and trade, imaginary “green” jobs, the treating of enemy combatants as mere crooks, etc. — and their policies towards hostile powers are even more ill-informed and provocatively weak.
It’s hard to imagine a government more out of step with the people.
THE ZIMBABWEFICATION OF AMERICA.
OR SHOULD WE JUST SAY CALFORNIAFICATION?
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