I am notoriously bad with numbers. Numbers take me out of my comfort zone and I can never remember them for long, whereas there are words I can never forget. However, there's something that worries me and it can ONLY be described in numbers.
According to the US Debt Clock Time Machine, in the period from 2000-2004, we gained about 10 million in population and 4 million in the workforce -- that is, for every new person in the population, we gained four tenths of a person in the workforce.
From 2004-2008, it was not terribly dissimilar: We gained roughly 11.5 million in population and 7.2 million in the workforce. For every new person in the population, we saw a gain in the workforce of about six tenths.
Now here's what worries me. From 2008-2012 we gained 9.5 million in population. Supposing an "average" gain in the workforce of about five tenths or 50%, we should have seen the workforce grow by 4 or 5 million. Right?
But instead, the workforce SHRANK by nearly 5 million.
If it should have grown by 5 million and instead shrank by 5 million, aren't we looking at a deficit of 10 MILLION JOBS?
If our population grows by about 10 million every four years, or 2.5 milion a year -or say, 200,000+ every month - then we need at least 100,000 new jobs every month just to break even, right?
Well, the Expectators were thrilled that in January the economy looked to have generated 243,000 new jobs. But but BUT... that left only 143,000 toward the 10 MILLION DEFICIT. At that rate, we'll never catch up to where we used to be.
In conclusion then, I don't see how Obama can possibly get re-elected.
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