You Can't Fool Everyone

HAD ... past tense. HAD. Many of his closest aids, cabinet members and military advisors refereed to tRaitor tRump as ... as dumb or worse.

 

Actually, as a percentage of overall population, more people are working today compared to Feb 2020.

Feb 2020 Employed; 152,209,000
Source; FRED Employed, Non-farm
Feb 2020 Population; 331,525,000
FRED U.S. Population
152,209,000/331,525,000 = 45.91%

Mar 2024 Employed; 158,133,000
Mar 2024 Population; 336,423,000
158,133,000/336,423,000 = 47%

Cross-reference

Feb 2020 Employed; 158,759,000
Source; BLS Archives, employment situation
Feb 2020 Population; 331,520,000
Source; YCharts
158,759,000/331,520,000 = 47.88%

Mar 2024 Employed; 161,466,000
Mar 2024 Population; 336,420,000
47.99%

How can this be considering the fact that Feb 2020’s Employment rate is higher than March 2024’s Employment rate?

Well, I know the reasons why, and not knowing the whys, it’s all a numbers game.

 

As a percent of all people over 16 and not otherwise institutionalized, more people were employed in Feb 2020 than in Mar 2024. There is really no need to go through the calculations since the LPR was higher and unemployment rate was lower in Feb 2020 than in Mar 2024, but I will go through the calculations anyway.

In Feb 2020, the labor participation rate was 63.3% and the unemployment rate was 3.5%.

In Mar 2024, the labor participation rate was 62.7% and the unemployment rate was 3.8%.

Therefore the percent of the population employed in Feb 2020 was .633 X (1.000 - .035) = 0.611 or 61.1%.

Therefore the percent of the population employed in Mar 2024 was .627 X (1.000 - .038 = .603 or 60.3%.

 

All your numbers and percentages are indisputable, however, not a fair comparison without the footnotes, for example;

Bush’s Feb 2007 LFPR; 66.1%
Bush’s Feb 2007 Employment Rate; 63.3%
Not in Labor Force; 78.05 million

Trump’s Feb 2020 LFPR; 63.4%
Trump’s Feb 2020 Employment Rate; 61.1%
Not in Labor force; 95.08 million

Question; Why Bush’s LFPR and Employment rates are significantly higher than Trump?

FOOTNOTES

1. Since 2007, our demography has significantly changed, such as; an aging population, a lower fertility rate, and a lower population growth rate.

2. Since 2007, the retirement rate as a percent of working age population has increased, and retirees are not in labour force.

3. Since 2007, we had a significant increase in post-secondary enrollments, and students who aren’t working/not looking for work are not in the labor force.

Last, reference to comparing Feb 2020 and March 2024’s labor statistics, I’ve already posted the FOOTNOTES.

 

LMAO…indeed, the majority of people who were fooled by trump last time have seen his execrable behavior and actions since he lost the election and are thoroughly embarrassed and disgusted by it.

 

The dog poo voters would rather look stupid than make good decisions..

So I have read here..

 

We keep hearing about how the unemployment is lower now than ever. It is simply not true.

The numbers I gave come from the department of labor and have been used for decades. In addition, they are consistent from month to month.

 

I’ve long stop comparing BLS Labour stats between a current and a former president for partisan reasons, however, I still do it for a rational explanation.

As I stated in my previous posts;

1. During the first two years of the pandemic, and according to the Federal Reserve, we had an excess of 2.4 million retirees/early retirements, such as myself. When people retire, BLS classifies them as “Not in Labor Force”.

2. Since Feb 2020, we had a significant increase of unincorporated self-employed, + 700,000, and although sole proprietors are still working, BLS does not classify them as Non-farm workers, thus, rationally, said exclusion has lowered Biden’s LFPR, however, insignificantly.

3. Approx. 200,000 Covid related deaths out of 2 million deaths, thus, 10%, and mainly age 55 and over, were citizens who had a job, and/or were looking for work, thus, were employed/unemployed.


Thus, overall, and for the reasons I mentioned above, approx. 3 million citizens haven’t gone back to work “as a non-farm worker”, and in a previous post, YOU STATED; “around a million workers haven’t gone back to work”. Also, the reasons I stated have phuuckall to do with Biden nor Trump.

 

Just tell the WH to quit misleading the public. It is as simple as that.

Those deaths disappear from the system. Unless the deaths were not proportional to the unemployed versus employed, they do not affect the statistics.

 

The devolution of the entire political spectrum in the United States during the 21st-century has certainly left me much "sadder" than "gladder". Democrats pander to welfare and 'subsidies' parasites for votes, and Republicans have orgies with lobbyists and play the stock market. What in hell is there to be "glad" about?

."Just wait! It gets even BETTER...."

 

[QUOTE="conservaliberal, post: 1074775514, member: 38267Republicans have orgies with lobbyists and play the stock market. [/QUOTE]

As flawed as you might think the stock markets are, it beats the devil out have having the government decide who gets the investment capital.

 

Not sure what your point is. You're saying you know people who are worried about illegal aliens (who commit less crimes than the general population) but not about somebody who wants to become a dictator, and has already tried to become a dictator. And who now seeks total immunity for all his past, present and future crimes.

I don't think your friends are as uninformed as you believe they are. In any case, most people aren't. Even the lest informed ones....

 

Uncle Sam’s labour stats have long misled the average Joe’s/Jane’s, and so as many members on this site who keeps concocting comparisons for partisan reasons.

 

As flawed as you might think the stock markets are, it beats the devil out have having the government decide who gets the investment capital.[/QUOTE]

I don't care if anybody, including politicians, enjoy playing stock markets (the "BIG CASINOS"). What drives me nuts is that it becomes so obvious that Republicans don't really care about much of anything else! Even Donald Trump!

Remember, he was the one who wanted to run the already hideously overvalued stock markets up even higher by driving savers away from the safety and reliability of CD's and other savings accounts in banks and S&L's by imposing NEGATIVE interest rates through the Federal Reserve!

And, it hits an especially raw nerve even harder when we see Republican legislators -- with a majority in the House -- passing bills to give away billions and billions of dollars away to foreign countries, but they ended up doing NOTHING to protect our own borders!

So, we've got two essentially worthless, largely despicable political parties, the "Crats" and the "Pubs". The 'bread and butter' of the Crat party is leveraging welfare handouts for votes and power. The Pubs schmooze lobbyists for "campaign money" ( ), and focus all their real interest on their stock portfolios....

 

I don't care if anybody, including politicians, enjoy playing stock markets (the "BIG CASINOS"). What drives me nuts is that it becomes so obvious that Republicans don't really care about much of anything else! Even Donald Trump!

Remember, he was the one who wanted to run the already hideously overvalued stock markets up even higher by driving savers away from the safety and reliability of CD's and other savings accounts in banks and S&L's by imposing NEGATIVE interest rates through the Federal Reserve!

And, it hits an especially raw nerve even harder when we see Republican legislators -- with a majority in the House -- passing bills to give away billions and billions of dollars away to foreign countries, but they ended up doing NOTHING to protect our own borders!

So, we've got two essentially worthless, largely despicable political parties, the "Crats" and the "Pubs". The 'bread and butter' of the Crat party is leveraging welfare handouts for votes and power. The Pubs schmooze lobbyists for "campaign money" ( ), and focus all their real interest on their stock portfolios....[/QUOTE]

Yes, I am not happy with advocates who call for negative interest rates. I vaguely remember Trump’s position on that, and do not agree. I am not a sheep in the political arena. I frequently disagree with Republican orthodoxy.

At my age, I’d be happier with less stock market involvement, but low interest rates preclude that. On the other hand, higher interest rates make life hard for first time home buyers.

As a person with an MBA in finance, I don’t view the stock market as strictly a casino. You need to look at the financial statements and risk factors. Yes, luck is part of it, but so is diversification, common sense and a resistance to greed.

 

I realize that this is a popular leftist trope that you are parading, but deep down, do you HONESTLY believe it?

I know there is some data collected somewhere that makes this claim, but it MUST be due to there being very lax reporting of what crimes involved an illegal alien rather than this being a reflection of reality.

I say this because the overwhelming vast majority of crime occurs in the lowest income quintile. Most if not all illegal aliens fit into this lowest income quintile. Meanwhile, the median household income is over $70k. To make the claim that illegal aliens commit less crime than the $70k and up crowd strains all credulity.

Deep down, you know this too. You know damned well your claim is based on incomplete/faulty data.

 

Or as Maverick's Pappy put it, "You can fool some of the people all the time and all of the people some of the time, and them's purty good odds."

 

I have no "beliefs". I only have facts.

And what is actual DATA compared to your gut feeling, right?

There is no data (ugh... the "nasty" word) to support that. Data does show that the overwhelming vast majority are ARRESTED more often. But if you're in whatever quintile Trump belongs to, it's way less likely that you get arrested no matter how many crimes you commit. Trump can attest to that. So, what you say may or may not be true. But there is not enough data to know for sure. And "beliefs" are more in YOUR realm than in mine.

 

When so called "data" does not comport with common sense, intellectually honest people ignore it because it is obviously incomplete. Intellectually DISHONEST people spread that false data if the incomplete data tells the narrative that they want to tell.

You know as well as I do that illegal aliens do not commit less crime than the $70k and up household income crowd, just as you know there is no standardized reporting of crimes procedure committed by illegal aliens. The conclusion from the supposed "data" does not make a lick of sense and you know it.

Intellectual honesty is in far too short of supply in here.

 

When the data that anybody can see and verify doesn't comport with common sense... "common sense" is at fault.

That's what "common sense" tells you? I don't "know" such thing, because it does not conform to the data that is available and verified by multiple studies over decades.

https://www.nber.org/system/files/working_papers/w31440/w31440.pdf
https://www.tandfonline.com/doi/abs/10.1080/15377938.2016.1261057
https://www.cato.org/sites/cato.org/files/2020-10/working-paper-60.pdf
https://www.scientificamerican.com/...sted-for-violent-crimes-as-u-s-born-citizens/
...

And I could go on and on. But you already made it clear that facts have no meaning to you.

 

It still crime that would not have been committed had they not been here.