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Strategist
2014 Sep 29, 1:08am
When Hitler says your stance on the Jewish people is misleading and lacks critical thinking, take it as a complement. When Jim Cramer says your financial portfolio is based on myths and bizarre opinions, double your investments. When David Lereah says that you know nothing about housing, you're on the right track.
Good morning Dan.
The Palestinians and the Muslim world are telling me the same thing today. I would tell them to kiss my ass. Jim Cramer is an entertainer. I would tell him I prefer to make my own investment decisions, and most likely, I have done much better then him. I don't care what David Lereah says.
PS...I do my own critical thinking. :) :)
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http://www.weeklystandard.com/blogs/1-4-americans-25-54-not-working_806178.html
Here's a chart showing those in that age group currently employed (95.6 million) and those who aren't (28.9 million):
"There are 124.5 million Americans in their prime working years (ages 25–54). Nearly one-quarter of this group—28.9 million people, or 23.2 percent of the total—is not currently employed. They either became so discouraged that they left the labor force entirely, or they are in the labor force but unemployed. This group of non-employed individuals is more than 3.5 million larger than before the recession began in 2007," writes the Republican side of the Senate Budget Committee.
"Those attempting to minimize the startling figures about America’s vanishing workforce—workplace participation overall is near a four-decade low—will say an aging population is to blame. But in fact, while the workforce overall has shrunk nearly 10 million since 2009, the cohort of workers in the labor force ages 55 to 64 has actually increased over that same period, with many delaying retirement due to poor economic conditions.
"In fact, over two-thirds of all labor force dropouts since that time have been under the age of 55. These statistics illustrate that the problems in the American economy are deep, profound, and pervasive, afflicting the sector of the labor force that should be among the most productive."
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