Beyond the Headlines: the truth about our jobs crisis, cheat sheet

October 12, 2010

The jobs report released on Friday shows that unemployment persists at 9.6 percent. As high as this number is, it doesn’t tell the whole unemployment story. To download a one-page cheat sheet, please click here.

For a video version of the cheat sheet, please click here.

For an infographic version of the cheat sheet, please click here.

2 Responses to Beyond the Headlines: the truth about our jobs crisis, cheat sheet

  1. Ryan says:

    The best solution to our problem is two fold:

    1. eliminate compound interest on secured loans in favor a simple interest monetization fee, and require that the principal of any such loan be paid first prior to paying the monetization fee (and make this change effective immediately and retroactive on all currently existing qualifying loans)

    2. eliminate the income tax (which currently is a regressive increase to the cost of goods and services by as much as 30%) in favor of only a flat 14% sales and use tax on everything EXCEPT on things deemed necessary for life: groceries, rents or leases of real estate, insurance, and medical items and services.

    Doing these two things will allow homeowners who have paid 17 years on their home on a standard 30yr mortgage, to be suddenly debt free of that mortgage, immediately increasing discretionary spending, and would transform banks into service institutions (pay for 1.5 houses to own a house), and not fleecing institutions (paying for 2.5 houses to own a house). These changes would also exempt the poor from paying most of the taxes since their income usually goes mainly to the basic necessities of life such as rents, groceries, medical services, and insurance. Also the true cost of government would be reflected in the sales and use tax, with no regression hidden.

    Additional reforms could include a total replacing of the Fed and its tools with a entirely different and more fine-tuned system of monetary policy that would eliminate the man-developed flawed monetary policy of constant inflation (which is nothing more than another tax on the people) and instead have as its primary goal the elimination of inflation and deflation almost entirely through the use of its tools, with the goal of retaining the value of the dollar at a constant value over time so that $1000 is still worth $1000 a hundred years from now (not counting interest).

    These three reforms alone would double the standard of living within a single generation, and eliminate a $3 trillion of the national debt – that which is merely an accounting entry and owned by no one. I encourage anyone interested to look at the very simple but transformative legislative proposal here:

    National Economic Stablization and Recovery Act
    http://nesara.org/bill/index.htm

    Please read the articles about money if you don’t have a clue how our monetary system works, or what exactly is wrong with it. Once you understand truly what money is, you will begin to see the faults in our current monetary and fiscal policies. We currently are on an unsustainable path to prosperity, and headed for an unthinkable sinking of our economy… and to think that it’s all a man-made fiasco. We designed ourselves into this mess, we can design ourselves out of it. Check out the site.

  2. Ryan says:

    The best solution to our problem is two fold:

    1. eliminate compound interest on secured loans in favor a simple interest monetization fee, and require that the principal of any such loan be paid first prior to paying the monetization fee (and make this change effective immediately and retroactive on all currently existing qualifying loans)

    2. eliminate the income tax (which currently is a regressive increase to the cost of goods and services by as much as 30%) in favor of only a flat 14% sales and use tax on everything EXCEPT on things deemed necessary for life: groceries, rents or leases of real estate, insurance, and medical items and services.

    Doing these two things will allow homeowners who have paid 17 years on their home on a standard 30yr mortgage, to be suddenly debt free of that mortgage, immediately increasing discretionary spending, and would transform banks into service institutions (pay for 1.5 houses to own a house), and not fleecing institutions (paying for 2.5 houses to own a house). These changes would also exempt the poor from paying most of the taxes since their income usually goes mainly to the basic necessities of life such as rents, groceries, medical services, and insurance. Also the true cost of government would be reflected in the sales and use tax, with no regression hidden.

    Additional reforms could include a total replacing of the Fed and its tools with a entirely different and more fine-tuned system of monetary policy that would eliminate the man-developed flawed monetary policy of constant inflation (which is nothing more than another tax on the people) and instead have as its primary goal the elimination of inflation and deflation almost entirely through the use of its tools, with the goal of retaining the value of the dollar at a constant value over time so that $1000 is still worth $1000 a hundred years from now (not counting interest).

    These three reforms alone would double the standard of living within a single generation, and eliminate a $3 trillion of the national debt – that which is merely an accounting entry and owned by no one. I encourage anyone interested to look at the very simple but transformative legislative proposal here:

    National Economic Stablization and Recovery Act
    http://nesara.org/bill/index.htm

    Please read the articles about money if you don’t have a clue how our monetary system works, or what exactly is wrong with it. Once you understand truly what money is, you will begin to see the faults in our current monetary and fiscal policies. We currently are on an unsustainable path to prosperity, and headed for an unthinkable sinking of our economy… and to think that it’s all a man-made fiasco. We designed ourselves into this mess, we can design ourselves out of it. Check out the site.

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