sethian1

The Misleading Jobless Rate

What is entirely ignored in this brief article is the enormous number of young men (and now women) in prison, or in some part of the criminal justice process, as well as the great numbers of the urban underclass who are illiterate, uneducated (uneducable?), and engaged in criminal activities for their livelihood. It is estimated that illegal drugs sales are ~$65,000,000,000 annually. Can you imagine the number of street-corner peddlars, mules and processors that are involved in this enormous enterprise. Add to that the great number of people who are committing property crimes in order to live. And how about the millions of illegal aliens and their grown children, many of whom don't work, and the black rural poor who are forced out of the job market by illegals who will work for much less?