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3.8 million of 3.3 million jobs created since 2009 went to people aged 55+

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Posted

Also comparing the US Economy to Greece is about as intelligent as comparing it to 1930'sI Germany.

With our unfunded liabilities do you think that without massive spending cuts, and massive tax increases that we will not see the lowering of our credit rating, and increased debt?

To the point where the checks stop going out?

To the point where those that are "owed" these monies won't revolt?

Hey, if so I am all ears, but I doubt we will be able to do it.

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Posted

When you look at the actual rates by age it doesn't seem so bad. In fact the age group 25-34 has dropped from 9.3 to 7.7 over the past 12 months. While 55+ has barely moved.

That contradicts the data in the original post.

http://www.bls.gov/w...it/cpseea10.htm

The rates shown above don't reflect a consistent numerator/denominator, you should know this.

Raw data (actual # of jobs gained/lost) is found here.

Age group 25-54 http://research.stlo...LNS12000060.txt

Age group 55+ http://research.stlo...LNS12024230.txt

55+ group has gained 196,000 jobs the last 2 months since the OP

25-54 group has lost 75,000 jobs the last 2 months since the OP

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Posted

Or Firearms in Europe vs America.

/slides back out of thread.

As gun fanatics have taught me, Russia and Eastern Europe are the only true comparable lands.

Canada, Australia, Japan, New Zealand and all of Western Europe have nothing in common. Switzerland used too, but then they started restricting guns, so they don't count anymore either.

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Posted

The rates shown above don't reflect a consistent numerator/denominator, you should know this.

Raw data (actual # of jobs gained/lost) is found here.

Age group 25-54 http://research.stlo...LNS12000060.txt

Age group 55+ http://research.stlo...LNS12024230.txt

55+ group has gained 196,000 jobs the last 2 months since the OP

25-54 group has lost 75,000 jobs the last 2 months since the OP

I understand that. i would also guess the 55+ age group is growing at the fastest rate of all age groups.

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Posted

I understand that. i would also guess the 55+ age group is growing at the fastest rate of all age groups.

Not as much as you may think. People are turning 55 at about 1.5% faster pace annually than they're turning 25.

kids of baby boomers = baby boomlet

http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ACS_11_1YR_S0101&prodType=table

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Posted

With our unfunded liabilities do you think that without massive spending cuts, and massive tax increases that we will not see the lowering of our credit rating, and increased debt?

To the point where the checks stop going out?

To the point where those that are "owed" these monies won't revolt?

Hey, if so I am all ears, but I doubt we will be able to do it.

Nothing...no normal discussion?

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Posted

Nothing...no normal discussion?

Why? So you can compare economies to your personal checking account?

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Posted

Okay, charts be damned (for stat guy Delhommey).

Older folks are used to working and will look for work and never have expected to be taken care of until it is necessary.

Younger, more progressive folks, think a bit differently. Living at home with the folks and drawing is probably okay as long as the toys can be paid for. Toys being Apple stuff, car stuff, stereo stuff, $100 guido jeans, and such.

They won't find out that the goose that laid the golden egg is dead, until it is too late. Our education system has done exactly what it intended over the last 40 years. Been working today(in fifties) and now going back for awhile. Won't be keeping you cool guys up forever though.

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Posted

Why? So you can compare economies to your personal checking account?

Your little quips are quite hilarious.

Try again at answering or at least commenting on what I posted.

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Posted

Why? You don't understand basic economics.

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Posted

since we like comparing the US to other countries, i think Japan is good for this thread. from inflation/% rates, jobs and the old gentrification thingy.

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Posted

Why? You don't understand basic economics.

Am I the only person in the nation who thinks that the government is spending more than it can pay back?

I guess I am....no one else thinks that the government is overbloated.

I gues I won't either any longer.

In fact, I am going to head downtown and see if I qualify for food stamps and check on my disability policy, while wearing my Navy tee shirt that the local recruiter gave me.

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