Original URL where the cowards have changed the title now: https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464
I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.
Any fucking questions
Liberals when asked to side with imperialism, colonization, exploitation: 👍
Liberals when asked to do virtually anything else:
I wish I’d gotten my shit together a lot sooner, but it’s spilled milk now. Onward!
I get that and kudos for having a forward-moving mindset about it. Sometimes I’m not as patient as I should be with others, especially knowing how briefly I’ve known better compared to how long I’ve been a grown adult and could have if I’d been exposed to the right information and worked it out. But we all come from different places and it’s not a contest, after all. Once we know better, we can start to do better, and that’s exponentially more helpful than being in the way.
The main thing is solidarity. We tease out the largest knots first and tease out the smaller ones once that work is done.
Many in Washington bristled at the public’s failure to register how strong the economy really was
“The economy is so good guys.”
“Why can’t I afford to eat?”
“Shut up I said the economy is good, OK?!”
Unemployment is sucha bullshit thing to measure tbh. I work in the unemployment sector and 95% of people I see are on and off the job again, working shit jobs for low wages for two weeks, getting benefits for the other two weeks of the months. They live in poverty.
They are not included in the long time unemployment category though. But there is nothing great about their situation.
Yeah, figuring out the actual unemployment in capitalism is a fucking joke.
I think measuring the unemployment in a socialist country is typically way more accurate, and China’s unemployment rate is relatively low at roughly 4-5 percent.
