Tapsearch Com EditorChopped up news
August 15th 2011 00:14
Ray Tapajna Chronicles Flipping the news in the Globalist Free Trade Flatworld
The core of stories are left out of the picture - We get the effects but not the causes.
The major news channels keep reporting the same way without getting to the core of stories.
They report about the Trade Deficit growing or losing a few percentage points during a given period of time but never get into the realities of the Trade Deficit itself. It is a fact that the U.S. has suffered a massive Trade Deficit since 1994 - that's more than 16 years of large losses. It means that millions of workers have lost their jobs with many losing everything it took a life time to gather.
The news reports that follow this void, report another. They tell us that the number applying for unemployment has either grown or lessen. Again they recite the small percentage of gains or loss. They never get into the fact that the U.S. has gone through the most massive dislocation of jobs in its history. They never question the statistical process that leaves out a very important equation. Only 38 percent of all workers in America qualify for unemployment insurance. This means more tha 60 percent are missing in action from any kind of real reporting living in an economic limbo. These missing factors should be researched and the news channels should at least question the process that is so out of whack. How can anyone judge what is happening in the economy if this information is left out of the discussion.
About ten years ago, Getting America Working organization, reported that 50 percent of human resources in America are not being uses. None of the major news channels followed up on this report. Now, Paul Krugman, winner of the 2008 Nobel Prize in Economics and a columnist with the New York Times confirms these numbers. Where has he or his newspaper been for ten years. Paul Krugman reports that only 58.2 of all adults in the U.S. are employed. He says these may sound like dry statistics, but they reflect a truly terrible reality. Not only are vast numbers of American unemployed or underemployed, for the first timesince the Great Depression, many Americans are facting the prospect of very long term - maybe permanent -unemployment. We are glad to see someone like this making the point but it is not something new - with perhaps a few percentage points this way or that way.
Youngstown University Working Class Studies, report that "defacto" unemployment rate is close to 30 percent. This should at least be used as a disclaimer when newspaper give the latest increase or decrease in the unemployment rate hovering around 9 percent.
Nothing is adding up, but the major news channels never talk that much about it. Our news comes to us factured and chopped up into pieces.
People like Senator Rob Portman heads super committees about cutting trillions from the projected federal deficit but no one question the part he played in the loss of trillons of dollars income due to free trade. He was the Trade Representative for President Bush.
Instead, the news channels talk about passing laws to stop the panhandlers in our downtown areas.
The core of stories are left out of the picture - We get the effects but not the causes.
The major news channels keep reporting the same way without getting to the core of stories.
They report about the Trade Deficit growing or losing a few percentage points during a given period of time but never get into the realities of the Trade Deficit itself. It is a fact that the U.S. has suffered a massive Trade Deficit since 1994 - that's more than 16 years of large losses. It means that millions of workers have lost their jobs with many losing everything it took a life time to gather.
The news reports that follow this void, report another. They tell us that the number applying for unemployment has either grown or lessen. Again they recite the small percentage of gains or loss. They never get into the fact that the U.S. has gone through the most massive dislocation of jobs in its history. They never question the statistical process that leaves out a very important equation. Only 38 percent of all workers in America qualify for unemployment insurance. This means more tha 60 percent are missing in action from any kind of real reporting living in an economic limbo. These missing factors should be researched and the news channels should at least question the process that is so out of whack. How can anyone judge what is happening in the economy if this information is left out of the discussion.
About ten years ago, Getting America Working organization, reported that 50 percent of human resources in America are not being uses. None of the major news channels followed up on this report. Now, Paul Krugman, winner of the 2008 Nobel Prize in Economics and a columnist with the New York Times confirms these numbers. Where has he or his newspaper been for ten years. Paul Krugman reports that only 58.2 of all adults in the U.S. are employed. He says these may sound like dry statistics, but they reflect a truly terrible reality. Not only are vast numbers of American unemployed or underemployed, for the first timesince the Great Depression, many Americans are facting the prospect of very long term - maybe permanent -unemployment. We are glad to see someone like this making the point but it is not something new - with perhaps a few percentage points this way or that way.
Youngstown University Working Class Studies, report that "defacto" unemployment rate is close to 30 percent. This should at least be used as a disclaimer when newspaper give the latest increase or decrease in the unemployment rate hovering around 9 percent.
Nothing is adding up, but the major news channels never talk that much about it. Our news comes to us factured and chopped up into pieces.
People like Senator Rob Portman heads super committees about cutting trillions from the projected federal deficit but no one question the part he played in the loss of trillons of dollars income due to free trade. He was the Trade Representative for President Bush.
Instead, the news channels talk about passing laws to stop the panhandlers in our downtown areas.
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