Replies to post #31126 on Economic Collapse

[trkyhntr]

The true measurement of employment in this country is the Bureau of Labor Statistics Civilian Labor Force Penetration rate, which currently stands at 62.9%. It has recently edged upward a bit. This means that of the working age population, 37.1 % are not employed.

https://data.bls.gov/timeseries/LNS11300000



Toward the end of Obama's tenure, it was the lowest it has been since Jimmy Carter was president.

[xero90]

Venezuela’s Mass Food Shortage Cause People To Skin Dogs, Cats For Food
Feb 21, 2017 08:00 AM EST

The mass food shortage in Venezuela has gotten so bad that remains of animals like anteaters, cats, dogs, donkeys, flamingos, horses and pigeons are found at city dumps. (Photo : Elijah Nouvelage/Getty Images)
Venezuela's mass food shortage caused by economic and political crises have lead people to kill domestic animals like dogs and cats for food. Some have to cut meals and lose weight unintentionally. According to new research, the country's living standards continue to decline with their sagging economy.

The oil price crash in 2014 and policies by Venezuela president have led to mass food shortage and other products according to a report by CNBC News. The rate of inflation has been predicted by International Monetary Fund (IMF) to reach 1,642 percent by the end of the year. The country has also experiences 80 percent currency collapse in the last year. Two pounds of sugar or corn flour cost $2, while two pounds of premium meat costs $1,000.

Venezuela Living Conditions Survey (ENCOVI) 2016 revealed that around 81 percent of the country's households are now living in income poverty. In 2015, it was already a staggering 75.6 percent. The survey looked into 6,500 families.

Around 9.6 million people in Venezuela eat only two or less meals a day. As a result 74.3 percent of the population has lost an average of 8.7 kilos or 19 pounds of weight. Extreme poor families have reported more weight loss than that.

The mass food shortage in Venezuela has gotten so bad that remains of animals like anteaters, cats, dogs, donkeys, flamingos, horses and pigeons are found at city dumps. Robert Linares, a waste disposal worker, said in a report by Miami Herald, that they sometimes find animal's heads, guts and legs. The practice has gone out of control that he remains of dog that has been skinned and dismembered are found on the streets.

Venezuela was once a wealthy country. Now, citizens are often seen looking for discarded or spoiled food in the garbage. Eating three times a day is now a luxury in Venezuela.

[devnullmoney]

The real unemployment is insane. It's almost unbelievable what it is. There is no concept in this country of limiting government. People get elected and take jobs to seize more control.

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Everyone knows that a job in government is a means to riches because your connections will net you tons of money later in life in the private sector care of government.


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Then the government pads budgets and false advertises the narratives that all is OK, unemployment is tiny, the debt is no big deal and your health care system is great.


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It's time the people took control back over the System. A fair tax would be a great start but only if you repeal the 16th amendment. Otherwise we open Pandora's box with having consumption and income tax.

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Income tax was ruled unconstitutional years ago and needs to get back to unconstitutional with a repeal. The founding fathers knew it was a bad idea and explicitly excluded it.



You need not look any farther than the Athenian republic to see what happens with over taxation and allowing the poor to vote themselves money out of the public coffers



It's time for changes. Hopefully trump can make some of those changes. It's time for some wine.

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Andystackemhigh19
W. Andrew Stack - Spicewood, Texas
Andrew Stack is a resident of Spicewood Texas
small community outside of the Austin, Texas
"corporate legal counsel"
Stack has a long slated history of upstanding and moral legal work in the securities (SEC) community
Andrew Stack is a licensed attorney in Oklahoma and has not applied for the state bar in Austin, Texas
The State Bar of Texas and the OIG of Texas have no jurisdiction in federal court