Paul Craig Roberts
Infowars.com
June 9, 2013
The payroll jobs report for May released today continues the
fantasy.
Goods producing jobs declined, with manufacturing losing another 4,000 jobs,
but the New Economy produced 179,000 service jobs.
Are these jobs the high-powered, high-wage “innovation jobs” that economists
promised would be our reward from Globalism. I’m afraid not.
According to the Bureau of Labor Statistics, the jobs created are the usual
lowly paid
non-exportable domestic service jobs–the jobs of a third world
country.
Retail trade accounts for 27,700 of the jobs.
Wholesale trade accounts for 7,900 jobs.
Ambulatory health care services accounts for 15,300 of the jobs.
Waitresses and bartenders account for 38,100 of the jobs.
Local government accounts for 13,000 of the jobs.
Amusements, gambling, and recreation account for 12,500 of the jobs.
Temporary help services provided 25,600 jobs.
Business support services provided 4,300 jobs.
Services to buildings and dwellings provided 6,400 jobs.
Accounting and bookkeeping services provided 3,100 jobs.
Architectural and engineering services provided 4,900 jobs.
Computer systems design and related provided 6,000 jobs (most likely filled
by H-1B work visas).
Management and technical consulting services provided 3,200 jobs.
For a decade this has been the jobs profile of “the world’s most powerful
economy.” It is the profile of third world India 40 years ago. The jobs that
made the US the dominant economy have been moved off shore by corporations
threatened by Wall Street with takeovers if they did not increase their
profits.
The easiest way for corporations to increase profits is to take advantage of
cheap labor in countries with massive quantities of unemployed labor.
So, if we believe the BLS report, and the reported new jobs are not simply a
product of faulty season adjustments and a faulty birth-death model, why is the
financial press happy that the US economy can only create third world jobs? Why
was the stock market up on the news that the US economy has created 179,000
third world jobs? Would rational markets be up on such discouraging news?
But are the jobs really there?
With retail sales going nowhere, why 35,600 new jobs in wholesale and retail
trade?
With real median incomes declining, why 38,100 more waitresses and
bartenders? For every month as long as I can remember the BLS reports numerous
new jobs in waitresses and bartenders, despite the long-term decline in real
median income.
In the May jobs report, where are the jobs for the vast number of new college
graduates?
The US now has more hotel maids, bartenders, and waitresses than it has
manufacturing workers. The US has twice as many people employed in government
than in manufacturing.
The services of maids, bartenders, waitresses, and government cannot be
exported.
Therefore, the US trade deficit remains large and without exports
to reduce it, a crisis in itself.
What the BLS jobs reports have been telling us for many years is that the US
economy is in crisis, in a death-spiral. Yet, not a handful of economists’
voices have been raised.
Today president obama’s economist said that the notch upward in the
unemployment rate was because the economic outlook was so good that more people
were encouraged to enter the labor market than there were new jobs
available.
The conclusion is inescapable: The same government that lies about weapons of
mass destruction, Saddam Hussein’s al-Qaeda connections, Iranian nukes, and so
on, also lies about jobs, the unemployment rate, the inflation rate, rigs every
financial and commodity market, pretends that terrorism is such a threat that
the US Constitution must be set aside and that Americans are safer without the
protection of habeas corpus and due process.
It is amazing how rare terrorism is, especially with Washington in the second
decade of trying to stir up terrorism by invading countries on totally false
pretenses, murdering citizens of countries, such as Pakistan and Yemen with
drones, and supporting Israel’s never-ending murder and dispossession of the
Palestinians.
After such massive provocations from Washington, one would think that the
world would be ablaze with terrorism. But it isn’t.
As there is so little terrorism, Washington and its presstitute media call
those who resist
Washington’s invasion of their countries “terrorists.”
Everyone who resists Washington’s military aggression is a terrorist. Just ask
the New York Times, Fox News, or any neoconservative. Or, for that matter, the
Bilderbergs, the Council on Foreign Relations, the Trilateral Commission, and
Homeland Security, the Gestapo organization that now defines all American
dissenters to be “domestic extremists.”
Washington’s claim that Americans have “freedom and democracy” is the sickest
joke in human history.
In 21st century America, defendants have no more rights than the accused in
Nazi Germany or Stalinist Russia. The FBI now shoots suspects brought in for
questioning in the back of the head even before the suspect is arrested. http://lewrockwell.com/spl5/fbi-executed-my-boy.html
Long before Bradley Manning’s trial the presstitutes have convicted the
accused based on lies leaked by the prosecutors. Consider Bradley Manning. After
three years of detention, including one year of torture, he is brought to a
rigged trial as a national security danger. All that Bradley Manning did was to
comply with the Military Code and report war crimes. As his corrupt superiors
did not want to know, he complied with his duty, apparently, by going
public.
Now he is being made an example. The message is clear: Support Washington’s
war crimes or be destroyed.
The Amerika that exists today has more in common with Nazi Germany than with
the America in which I grew up. The young don’t know any different. But those my
age realize that we have lost our country. America no longer exists.
Sunday, June 9, 2013
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