Prism of America's Education
BLS Bureau of Liars Statistics
Before we can discuss “The Future They Want” according to the United Nations and its quest for a one world government of slaves, we should understand what has been done to destroy the American economy and turn America into the third world country of slaves. Ricki DeSantis has been involved in economic research for the last 20 years. He has done an extensive report on the state of the American economy today. He will be sharing that information on the show and in this newsletter. Please listen to the show several times and share this information so you can prepare. The government lies. It is up to us to spread the truth.
One plan is to control our land. According to the American Stewards of Liberty, Americanstewards.us The USDA is preparing policy to implement the Sustains Act, which will monetize NATURAL PROCESSES determining who will own “environmental services,” which include the air we breathe, photosynthesis, pollination, and the health benefits of open space.
We have until Sept 16 to register comments.
https://www.nrcs.usda.gov/news/usda-requests-public-input-on-implementation-of-sustains-act
The other plan is to keep us in debt while they control our money. They print money, give it to themselves and their donors and force us to pay the debt they create. We cannot allow this to continue. We must vote and vet the candidates we vote for.
Here is the evidence from Ricki:
I just finished digging into the details of the BLS (Bureau of Labor Statistics) Reports involving the data they just released for the August 2024 numbers.
I will discuss the August 2024 data just released by the BLS, and then go into the other documents which goes into depth on the manipulation of the numbers using plug numbers, eliminating key data, overstating and understating data and never telling people that these are their estimates NOT real numbers. As we have seen for 18 months, they are revised down significantly the following month and I will show why.
I address the Job Creation Numbers they put out to the public, the CPI (Consumer Price Index) , Inflation Rate, Unemployment Rate and Labor Participation Rate. All are connected and when they "plug" the numbers in one, it doesn't make sense when you review the others....
The attached are graphs and statistics and my comments on the August 2024 Economic Data for data just released. These are the description of the charts I used to support my research.
1. BLS August 2024 Report page 1
2. Page 2
3. Men Ages 25-54 Leaving Workforce
4. BLS monthly Jobs Report August 2024 Revised
5. Jobs Gains Report
6. BLS Report July 2024 CPI Interest Rate
7. CPI REPORT BLS JULY 2024
8. Explanation Definition LPR and UR
9. Labor Part Rate
10. Labor Participation Rate Formula
11. Calculating the Unemployment Rate
Join the Florida Citizens Alliance goflca.org Help save America mentor a child.
Show Link https://www.americaoutloud.news/the-prism-of-americas-education/
Show: Sat and Sun 7AM ET and 5PM ET on https://www.americaoutloud.news/
Podcasts and Articles: karenbschoen.com karenschoen.substack.com
GUEST: Ricki De Santis, researcher, public speaker, economist
Information: rdesan@protonmail.com
To view the charts and graphs, click here: https://karenschoen.substack.com/publish/post/148729894
Men Ages 25 to 54 Leaving the Labor Force
A significant number of working-age men have also left the labor force. In 1954, 98% of men aged 25 to 54 were in the labor force. By 2017, that had fallen to 88%. This is one of the lowest rates of prime-age men in all developed countries.
The drop-off is worse among men without a college degree. The percentage of people with at least a college degree rose from 33% in 1947 to 84% in 2000. With less demand for nondegreed men, the wages are much lower. Wages fell by 15% for these men between 1973 and 2016.6 Many manufacturing jobs that these men relied on have either been outsourced or replaced by technology.
Note "Discouraged workers" are those who reported giving up looking for work because they don't believe there are any jobs for them.2 Others become discouraged due to a lack of the right schooling or training. Discouraged workers aren't counted in the headline unemployment rate but are counted in the real unemployment rate.
Jobs Leaving the Market
According to the Organisation for Economic Cooperation and Development (OECD), the demand for middle-skilled jobs, which involve easily automated routine tasks, has declined. The Covid-19 pandemic and resultant economic slowdown impacted different employees differently, but deepened the skill, wage and geographic divide.7
Note Structural unemployment occurs when the skills of would-be workers no longer match what employers need. So despite improving job opportunities, some older workers were unable to return to the labor force.
Opioid Dependency Almost half of the prime-age men not in the labor force take pain medication daily to treat chronic health conditions. Two-thirds of them are on prescription medication, including opioid medication.
Yale professor Alan Krueger showed how opioids affected the LFPR. He estimates that from 1999 to 2015, 20% of the LFPR decline for these men was caused by opioid dependency.8 The National Institute on Drug Abuse reports that in 2017, 1.7 million Americans were addicted to opioids.9
Poor Health and Disability
The Atlanta Fed found that Alabama, Louisiana, and Mississippi had especially low labor force participation rates. People in these states report they are too sick or disabled to work.10
Federal Reserve Bank of Atlanta. "Workforce Development: Driving Economic Mobility and Resilience."
Leading causes of U.S. death and disability include chronic diseases such as heart disease, cancer, and diabetes.11
