DeVine Law Gamecock’s Stone Mountain of Georgia roost-view of what matters most about the news, politics and law of 2011:
Unemployment and the Economy
If enough Americans give up on finding a job, the regularly reported unemployment rate (U-3) could fall to Zero percent. As it happens, the current U-3 rate of 8.6% would stand at over 11% if the labor force were as large as it was in 2007. The more comprehensive U-6 rate measuring all those that are unemployed and those only able to find part-time work is now at Depression Era levels over 17%, which rate doesn’t count self-employed individuals nor those that have dropped out. Over one in five American men are no longer in the labor force.
Jobs Plans, Occupiers and Class Warfare
Three years after President Barack Obama and super-majorities of his fellow Democrats in Congress enacted their Stimulus-Dodd-Frank-ObamaCare-GM takeover/UAW Bailout-Solyndra, anti-Keystone Pipeline and anti-Boeing jobs in right-to-work states, Gulf Oil and ANWR oil-drilling moratorium agenda; Gross Domestic Product (GDP) stands at an anemic 1.8%.