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78% INCOME TAX RATE HIKE?

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clem_c_rock Donating Member (989 posts) Send PM | Profile | Ignore Fri Apr-08-05 05:43 PM
Original message
78% INCOME TAX RATE HIKE?
http://www.newswithviews.com/Devvy/kidd97.htm

<snippit>
f you examine the government’s 2004 statistics, the civilian non-institutional population of United States males, age 16 and over, was 107.7 million people. Out of those 107.7 million males, 14.7 million, are estimated to be 65 or older. Using these numbers of men between 16 and 64, which historically has made up the work force in America, this number would be 93 million. Out of those estimated 93 million men, the government does admit that 4.4 million of them are unemployed - unemployed being defined as an individual who is 100% inactive doing no work at all.

Now, here's the kicker: the government chefs who cook the books define someone "employed" if they work only one hour a week! Looking further at the government chef's numbers, we see that in addition to those 4.4 million males over 16 who are not in the work force, subtract from that the 28.7 million over 16 who also aren't working from the estimated number of men in the country plus the close to 12 million age 65 and older males, you get approximately 16.8 million men between the ages of 16 & 64 who aren't working. Adding to those number the "official" number of unemployed 4.4 million and we see a number of 21.2 million unemployed men in the 16 - 64 category. All this makes the "official" 5.5% unemployment figure take on a different meaning, doesn't it?
</snippit>
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-08-05 06:48 PM
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1. How to lie with statistics, huh? Is that for real? Work one hour a week
and it counts as employed? Liars, thieves.

Where does that rank us - are we third world yet?

Just heard about the Ford financial blues.
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