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Paul Craig Roberts' Brief Reflection On The Vanishing American Dream
09-04-2017, 09:21 PM,
#1
Paul Craig Roberts' Brief Reflection On The Vanishing American Dream
Paul Craig Roberts' Brief Reflection On The Vanishing American Dream

<p><a href="http://www.paulcraigroberts.org/2017/09/04/vanishing-american-dream/"><em>Authored by Paul Craig Roberts,</em></a></p>
<p><strong>Today is Labor Day, a difficult day to celebrate now that American labor has been cast aside and US jobs offshored and given to foreigners. </strong></p>
<p><a href="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor1.jpg"><img height="431" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor1.jpg" width="600" /></a></p>
<p><strong>The remainder of the jobs is slated to be replaced by robotics. </strong></p>
<p><a href="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor.jpg"><img height="465" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor.jpg" width="600" /></a></p>
<p><strong>Friday&rsquo;s payroll jobs report was full of bad news.</strong> Full-time jobs declined by 166,000. The meager 156,000 new jobs claimed are really only 115,000 net of the prior month&rsquo;s revision, and this 115,000 jobs estimate is within the range of statistical insignificance. <strong>In other words, there is no confidence that the jobs are actually there.</strong></p>
<p>The US work force continues to develop a <strong>Third Word complexion of lowly paid part-time domestic service employment</strong>.</p>
<p>The American Dream continues its <strong>closedown</strong>.</p>
<p><a href="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor3.jpg"><img alt="" src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/04/20170904_labor3.jpg" style="width: 600px; height: 407px;" /></a></p>
<p><em><strong>Meanwhile the government tells us that we are at full employment with an unemployment rate of 4.4%.</strong></em></p>


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