Politics

Unemployment Remains at Depression Level

By James Buchanan. A recent news article reports “Here’s a fact that should give economists—and maybe President Obama’s political team—heartburn: Two years after the Great Recession officially ended, job prospects for young Americans remain historically grim. More than 17 percent of 16-to-24-year-olds who are looking for work can’t find a job, a rate that is close to a 30-year high. The employment-to-population ratio for that demographic—the percentage of young people who are working—has plunged to 45 percent. That’s the lowest level since the Labor Department began tracking the data in 1948. Taken together, the numbers suggest that the U.S. job market is struggling mightily to bring its next generation of workers into the fold.”

Today, we live in a hyper-ruthless, Jewish-inspired version of capitalism. We used to have jobs for college graduates, but cut-throat corporations have out-sourced them and there’s no getting them back unless we get to the root of the problem.

The college grads, who can’t get jobs, need to take a good hard look at the predominantly White America of earlier decades and how much more prosperous this nation was with a 90 percent White population and politicians, who actually cared about White people, instead of just Blacks and Latinos.

Most of the evils plaguing America today stem from the FDR regime. All the liberal, far-left and multi-cultural insanity started with Roosevelt and his heavily Jewish regime. That led to de-Segregation in the 1950s and opening the immigration doors to the Third World beginning in 1965.

Then capitalism jumped onto the Diversity bandwagon and started laying off White people, replacing us with Asians in technical fields and Mexicans in unskilled labor.

During the 1980s, White people were paid a much more reasonable share of the profits at the corporations where they worked. The corporations also benefited by having a thoroughly competent, mostly White work force that got the job done right. This was before NAFTA and GATT.

After the “treason treaties” NAFTA and GATT were passed, the door was opened for Bill Gates and other corporate pirates to start sending American jobs to the Third World. And what did we get in return from the Hindi ersatz labor force? We got things like MicroSoft Vista.

America needs to quit outsourcing jobs to the Third World. We need to start rebuilding the job market right here in the US with competent White labor and decent wages.