- New ETFs
- Bond ETFs
- Currency ETFs
- Emerging Market ETFs
- Commodity ETFs
- Broad U.S. Equity ETFs
- Sector ETFs
- Specialty ETFs
10% Unemployment A Huge Myth
Recent Articles by Mortimer Duke
- BZ Tradewatch...Globecomm Systems Inc (GCOM) Poised To Take Out $8.00
- Friday AM March S&P Emini (ESH0) Overnight Rally Called By Benzinga!!!
- Bill Gates Speech To HS A Hoax?
- March S&P Emini (ESH0) Makes Late Afternoon Push At Harsh Resistance
- Mar S&P Emini (ESH0) Matches 1-1/2 Year High At 1148
General
- Euro Collapses, Dollar Jumps, Markets Sleep. (NYSE:UUP), (NYSE:FXE), (NYSE:NKE), (NYSE:FDX)
- Health-Care Reform Bill To Cost $940 Billion; Critical Vote Likely On Sunday
- Look To Semiconductor Stock In 2010 (AAPL, AMD, DELL, HPQ, INTC, NOK, QCOM, TXN)
- Sports Team Ownership No Longer A Guaranteed Moneymaker
- Propping Continues As Shady Activity Seems To Ensure Market Does Not Fall. (NYSE:SPY), (NYSE:DIA)
Topics
- Sports Team Ownership No Longer A Guaranteed Moneymaker
- Big Drug Cos. Are Slackers in Emerging Mkts.
- Interview With Former Bear Stearns CEO and Chairman Alan "Ace" Greenberg
- Using Financial Ratios – An Investor’s Most Important Tool
- Japan is Recovering Says Government
Media
- Marc Faber Believes US Treasurys May Rise Sharply
- “Mad Money Lightening Round:” Jim Prefers PRSP, CREE, TUP, NAL, T, WIN To S, ISRG, FTR
- Fast Money Picks For March 18th (XOM, QCOM, TJX, TSO)
- Cramer Sees Ford (F) At $17
- Whitney Says Banks Are Broken
Life
Posted on 02/03/10 at 5:35pm by Mortimer Duke
The sad reality of the unemployment rate in the US.
After attending a tax preparers course for six weeks, two days a week, 3 hours a night and then taking a four hour online test. What do yo get? A part-time job offer preparing taxes for a little bit above minimum wages working at one of the top three tax franchises in the country. Unemployed CPA's and MBA's working for peanuts. They are not counted as unemployed because they are underemployed.
The 10% enjoyment (not a typo) number is a myth..a mere smokescreen. I would say judging by all the middle aged men wandering aimlessly around Home Depot with me yesterday afternoon, the unshaven dads in baseball hats and short pants picking up their kids from school and the college degreed guys I work with for minimum wage preparing individual tax returns, the actual unemployment rate is more like 25%. Put that in your pipe and smoke it Washington. Middleclass, college educated workers watch you’re butts!!!
Learn How To Spot Trends Before They Happen By Watching This Short Clip
Bookmark/Search this post with:
Related Articles
Today's Trading Ideas
There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.
Post new comment
Receive Benzinga's Best 2010 Stock Idea!
