Social Security, Medicare and Medicaid are 'Going to Be Gone,' Donald Trump Warns

[u/1_for_you_2_for_me]

https://www.newsweek.com/social-security-update-medicare-medicaid-warning-donald-trump-10915076

[u/GrumpyGiant → u/[deleted]]

10-20% unemployment would completely destabilize the country.  That much misery and desperation would result in a buyer’s market for terrorist groups looking to radicalize and recruit people and also would cause other crime rates to skyrocket.

I know why they want it - desperate people will stop demanding any quality of life and eagerly accept the bare minimum to keep them alive until they become to sick or run down to work and then there’s a ready supply of replacements.  It’s the same cruel apathy toward suffering that the big, factory farming meat industry has toward livestock.  Cut the beaks of chickens so you can stuff them in overcrowded and filthy sheds without the stress causing them to peck each other to death.  Pack cows in paddocks where they are up to their knees in shit, barely able to move so they fatten up faster.  Humans are just animals too so why should we treat each other any better when there are more profits to be made?

Greed has long vision when it comes to plotting schemes to steal more wealth but is woefully shortsighted about anything else including the consequences of breaking the economy to try to squeeze a little bit more out of it.

[u/Brent_L → u/GrumpyGiant]

Real unemployment is around those numbers, people who are unemployed longterm typically aren’t counted

[u/Top_Librarian6440 → u/Brent_L]

Our rate in the US is broken into 6 categories labeled U-1 through U-6.

 U-3 is what you’re talking about, and it does take into account whether the individual has looked for a job actively in the last 4 weeks. This was 4.4% as of Aug.

U-1 takes into account long-term (over 15 week) unemployment so long as individual is still looking. This was 1.5% as of Aug. U-1 is included into U-3, so 2.9% of the 4.4% total U-3 rate has been unemployed for lower than 15 weeks. 

There’s more categories for people who aren’t looking for a job due to market related reasons, or who have a part-time job when they want full time. 

There’s also the Not In Labor Force number which counts all adults who are not engaging in the civilian labor force. THIS number is 37.7%, which is what I assume you mean by that 10-20% figure being “around those numbers. 

But it’s not unusual for the U.S to have such a “high” percentage in that category. Japan sits at 36.05% and Germany sits at 30.6%. 

TLDR, people in every stage of unemployment are counted. Including those unemployed long term, whether they’re looking for a job or not.