OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Re Jobs Numbers Tank

Posted by Mr.Copper @ 12:05 on September 5, 2014  

My newsletter back in 1980 PREDICTED a deflation in US labor costs (private sector not gov’t employment) because of globalization global socialism. Moving good jobs to poorer nations.

So…..Even if we had 100% employed, with an average 25% DISCOUNT on wage costs, the under paid people will treat the US economy as if it had a 25% UNEMPLOYMENT rate effect…

SHADOWSTATS should KNOW this. Are they asleep?

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.