Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin and Alfie Oakes
  • World Gold Mine Production
  • Fidelity and Vanguard Since 1971

21 Million Underemployed

January 27, 2011 By E.J. Smith - Your Survival Guy

President Obama mentioned in his State of the Union Address that over 1 million jobs were added last year, yet he didn’t mention the 14.5 million unemployed Americans or the 6.5 million Americans that have given up looking for work. How do you think these 21 million underemployed Americans felt when they heard the president say that?

Labor Secretary Hilda Solis, appointed by President Obama in 2009, was in attendance smiling and clapping. The apparent underemployment situation seems to be lost on her and the rest of the pro-union contingent in attendance. Solis represented the 32nd Congressional District in CA from 2001-2009 and authored the Green Jobs Act in 2007, which stated that in order to receive federal funding for “green jobs,” organizations must partner with an organized labor union.

Last year, in a statement on the higher wages earned by union workers vs. private sector workers Solis said: “As workers across the country have seen their real and nominal wages decline as a result of the recession, these numbers show a need for Congress to pass legislation to level the playing field to enable more American workers to access the benefits of union membership. This report makes clear why the administration supports the Employee Free Choice Act,” or, card check law making it easier to form a union.

So when the president talks about adding over a million jobs last year, keep in mind exactly which ones he favors.

Related Posts

  • A Million Here, A Million There
  • Alinsky Dream: O’Care Kills 2.3 Million Jobs
  • Jonathan Gruber's $6 Million
  • Author
  • Recent Posts
E.J. Smith - Your Survival Guy
E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998.

E.J. has trained at Sig Sauer Academy in Epping, NH, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention.

E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris.

Please get in touch with E.J. at ejsmith@yoursurvivalguy.com

Click here to sign up for my free monthly Survive & Thrive letter.
Latest posts by E.J. Smith - Your Survival Guy (see all)
  • “Doctor, What Are You Doing?” “Nothing,” He Said - October 3, 2023
  • “Oh, This Is Prime Real Estate,” They Say - October 2, 2023
  • Investing Habits of the Fairly Wealthy: #10 Powerball - September 29, 2023

Dick Young’s Must Reads

  • You’re Ready to “Make It a Good Month”
  • The Butterfly Effect and Chaotic Markets
  • What to Do about China?
  • The Forgotten America
  • Tom Brady Is Proof You Shouldn’t Retire if You Still Love Your Work
  • The Swiss Way
  • America’s Silent Army with 423M Guns
  • America’s Number One Patriot: Naples Florida’s Alfie Oakes
  • The Fed – “Independent” and “Non Political” – Joins The Resistance
  • Key West’s Best Burger

Our Most Popular Posts

  • Bidenomics: Distrust of Public Officials and Institutions
  • Skyrocketing Costs of Building a Green Grid Are Starting
  • The Government Attack on Americans' Independence
  • "The Goal Is to Break Down the Individual"
  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Can Cinnamon Inhibit Early-Stage Prostate Cancer?
  • Fighting Russian Power with a Hill of Crosses
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • “Oh, This Is Prime Real Estate,” They Say
  • The Best Place to Cut Spending

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Has Tupperware Survived Its Brush with Death?
  • Biden’s “War” On Fossil Fuels Keeps Shale Drillers Idle as Oil Prices Rise
  • “Oh, This Is Prime Real Estate,” They Say
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • “Then One Day the Grandfather was Gone”
  • India Choose to Promote Coastal Trade. The US Should Too
  • “No Way I’m Spending That Much on Those”
  • The War Machine’s Manpower Problem
  • Profits Becoming Elusive in China

RSS Yoursurvivalguy.com

  • “Doctor, What Are You Doing?” “Nothing,” He Said
  • Bidenflation Making It Harder to Retire
  • Will Illinois Gun Owners Register Their Firearms?
  • “Oh, This Is Prime Real Estate,” They Say
  • Survive and Thrive September 2023: “I Want to Be a Farmer, a Garbageman, or Tom Brady”
  • Tucker and O’Reilly Discuss the Three People Everyone Needs
  • Investing Habits of the Fairly Wealthy: #10 Powerball
  • Your Survival Guy: “Life on Main Street Hasn’t Been This Hard in a While”
  • Your Retirement Life: Striped Bass Fishing off Block Island
  • “Then One Day the Grandfather was Gone”

US Treasury Yield Curve: My Favorite Investor Tool

Five Year Treasury Yield

“The Economy Is Buried Under Trillions in Debt”

“Never Back Down” Fundraising Upbeat

“Doctor, What Are You Doing?” “Nothing,” He Said

The Best Place to Cut Spending

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives