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RE: телогрейка наше все

Автор: Филипп3
Дата: 18.08.13, @21:04

  ‘The jobless nature of the recovery is particularly unsettling. In June, the government's Household Survey reported that since the start of the year, the number of people with jobs increased by 753,000 – but there are jobs and then there are "'jobs."' No fewer than 557,000 of these positions were only part-time. The June survey reported that in June full time jobs declined by 240,000, while part-time jobs soared 360,000 and have now reached an all-time high of 28,059,000 — three million more part-time positions than when the recession began at the end of 2007. That's just for starters. The survey includes part-time workers who want full-time work but can't get it, as well as those who want to work but have stopped looking. That puts the real unemployment rate for June at 14.3%, up from 13.8% in May.

выдыхай, бобер


Part-time and under-employed workers do not bask in the glow of Bernanke’s so-called ‘wealth effect’. As an aside, the reason part-time employment is on the rise in the US is due to pure political ‘genius’.

Under the Affordable Healthcare Act (aka Obamacare) employers are not required to pay insurance premiums for temporary employees (those working under 29 hours per week). Guess what, employers just happen to be converting full-time employees to part-timers and new employees are temporary (part-time) workers. Gee what a surprise.

With the US economy still in a critical condition and arguably worsening, we have the ludicrous situation where investors have been conned into accepting a higher level of risk with a much lower return.

All Bailout Ben has done is delay the day of reckoning and guaranteed the biggest market meltdown since The Great Depression — although this one might even be bigger than 1929/30.

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