holy crap: 93 million adults not working or real unemployment is 37.3% @drudge @sarahpalinu

A record 92,898,000 Americans 16 years and older did not participate in the labor force last month, according to data released by the Bureau of Labor Statistics.

The BLS defines people not in the work force as people 16 years and up who are not employed and haven’t “made specific efforts to find employment sometime during the 4-week period ending with the reference week.” The labor force participation rate — or the “The labor force as a percent of the civilian noninstitutional population” — also dipped back down to 62.7 percent, from 62.9 percent in November.

September also saw a labor force participation rate of 62.7 percent, however prior to then, the last time the rate hit 62.7 percent was in February of 1978.

While the level of labor force participation declined — due not only to potentially discouraged workers but also baby boomers hitting retirement age — the BLS reported Friday that in December the unemployment rate declined to 5.6 percent, payroll jobs increased by 252,000 but 456,000 dropped out in November.

“Today’s solid employment report caps off a strong year for the U.S. labor market, which achieved a number of important milestones in 2014,” Jason Furman, Chairman of the Council of Economic Advisers, said in a statement. “Total job growth last year was the strongest since 1999, while the unemployment rate fell at the fastest pace in three decades.”

“Although nominal wages fell in December, inflation-adjusted wages have generally been rising, and job growth has picked up in sectors that traditionally provide good, middle-class jobs,” he added.

House Speaker John Boehner (R-OH) reacted to the labor news by touting the jobs bills the new Republican Congress have been pushing, including the Keystone pipeline.

“It’s always welcome news when more Americans find work,” he said. “Yet while the economy is showing some signs of improvement, far too many middle-class families are struggling to bridge the gap between rising costs and stubbornly flat paychecks.”

RECORD 92,898,000 AMERICANS NOT IN THE WORKFORCE

@barackobama has increased federal debt by $7.5 trillion to $18.2 trillion #palin #sarahpalin #palin2016

FEDERAL DEBT

The federal government drove $789,473,350,613.20 deeper into debt in calendar year 2014, an increase that equaled $6,875 per household, $7,458 per full-time year-round worker, and $8,853 per full-time year-round private-sector worker.

According to the Treasury, the debt started calendar year 2014 at $17,351,970,784,950.10 and ended it at $18,141,444,135,563.30.

When Obama took office on Jan. 20, 2009, the debt was $10,626,877,048,913.08. Since then, it has increased $7,514,567,086,650.22–which is $65,443 per household, $70,985 per full-time worker and $84,266 per full-time private-sector worker.

In 2013, according to the Census Bureau there were 105,862,000 full-time year-round workers in the United States. The $789,473,350,613.20 increase in the federal debt during 2014 worked out to $7,457.57 for each of those full-time year-round workers.

Those 105,862,000 full-time year-round workers included 16,685,000 federal, state and local government workers and 89,177,000 private-sector workers.

The $789,473,350,613.20 in new federal debt in 2014 equaled $8,852.88 for each of the 89,177,000 full-time private-sector workers in the country.

As of December 2013, there were 114,826,000 households in the country, according to the Census Bureau. The $789,473,350,613.20 in new debt equaled $6,875.39 per household.

Ten years ago, at the end of 2004, the federal debt was $7,596,142,802,424.14. Since then, it has grown by $10,545,301,333,139.16—an average pace of $1,054,530,133,313.92 per year.

CNSNews: Under Obama: Federal Debt Up $84,266 Per Full-Time Private-Sector Worker

governor #palin to return to #iowa for summit (#palin2016)

Former Republican vice presidential nominee Sarah Palin will take part in the Iowa Freedom Summit in Des Moines on Jan. 24.

The inaugural event is being held by Citizens United and Congressman Steve King. The summit will serve as a place to discuss conservative ideas, as people get ready for the upcoming Iowa caucuses next year.

Other featured guests include Ben Carson, Newt Gingrich, Senator Ted Cruz, Mike Huckabee, Senator Rick Santorum and others. It will be held at Hoyt Sherman Place in Des Moines. For more information on the summit, go to IaFreedomSummit.com.

palinIOWA

smithsonian: governor #palin ’100 most significant americans of all time’

Sarah Palin has made the Smithsonian 100 Most Significant Americans list. Her place is among First Women. Notably absent from the list of most significant presidents: Barack Obama.

Sarah Palin is the first woman to be governor of the State of Alaska. She is the first woman to be a GOP VP candidate. She is also one of the first women to be a sportscaster. See Accomplishments for the complete list of all she has done and continues to do.

smithsonian-100-most-significant-americans

Smithsonian took great pains to reduce or eliminate bias in compiling their list. The method involves a lot of high-level math and algorithms similar to what Google uses to rank web pages. The math considers gravitas, celebrity “and a means of correcting for the ‘decay’ in historical reputation that comes with the passage of time.”

Governor Palin was named among the top women:

Pocahontas
Eleanor Roosevelt
Hillary Clinton
Sarah Palin
Martha Washington
Hellen Keller
Sojourner Truth
Jane Addams
Edith Wharton
Bette Davis
Oprah Winfrey

To read about why Sarah Palin – and the other 99 people – made the list, you will need to buy a print copy of the Smithsonian 100.

Smithsonian 100 is not the first such list Sarah Palin has made. In 2010, she made the Time Magazine’s list of 100 Most Influential People in the World. She was honored at a gala at the Rose Theater in New York City.

‘Calibration error’ changes GOP votes to Dem in Illinois county

CHICAGO — Early voting in Illinois got off to a rocky start Monday, as votes being cast for Republican candidates were transformed into votes for Democrats.

Republican state representative candidate Jim Moynihan went to vote Monday at the Schaumburg Public Library.

“I tried to cast a vote for myself and instead it cast the vote for my opponent,” Moynihan said. “You could imagine my surprise as the same thing happened with a number of races when I tried to vote for a Republican and the machine registered a vote for a Democrat.”

The conservative website Illinois Review reported that “While using a touch screen voting machine in Schaumburg, Moynihan voted for several races on the ballot, only to find that whenever he voted for a Republican candidate, the machine registered the vote for a Democrat in the same race. He notified the election judge at his polling place and demonstrated that it continued to cast a vote for the opposing candidate’s party. Moynihan was eventually allowed to vote for Republican candidates, including his own race.

Moynihan offered this gracious lesson to his followers on Twitter: “Be careful when you vote in Illinois. Make sure you take the time to check your votes before submitting.”

Cook County Board of Elections Deputy Communications Director Jim Scalzitti, told Illinois Watchdog, the machine was taken out of service and tested.

“This was a calibration error of the touch-screen on the machine,” Scalzitti said. “When Mr. Moynihan used the touch-screen, it improperly assigned his votes due to improper calibration.”

Watchdog: Cook County ballot box tries to cast GOP votes for Democrats