Skip to comments.Are Americans Going Galt?
Posted on 01/12/2014 9:39:30 PM PST by Lorianne
Ninety-two million Americans are not in the work forcethey dont have jobs and they arent looking for jobs.
These 92 million Americans arent just out of workthey are resigned to being out of work as a way of life.
The ballooning numbers of Americans who are resigned to long-term joblessness inspired Roger L. Simon to suggest in a bleakly humorous piece over at PJ Media that Americans are going Galt:
Tell all your Objectivist friends and the libertarian gang at Reason magazine to break out the champagne. Americans may have skipped the movie of Atlas Shrugged, nor have many read any of Ayn Rands works, but they have taken the authors advice anyway and gone John Galt, quitting the work force in record numbers. According to Zero Hedge, the latest figures show the labor participation rate at 35 year low.
Realistically, its even more than 35 because that figure reflects an employment bump when larger numbers of women joined the work force in the seventies and eighties. (Theyre gone now, with or without Gloria Steinem.)
Currently a record 91.8 million Americans are no longer looking for work. Thats almost one and a half times the entire population of France.
We are heading for a disaster. A shrinking workforce wont be able to pay for the nations vast array of entitlements. Moreover, many of these non-working adults, men and women who in previous generations would have met their own financial needs, are now receiving assistance. This is an unsustainable economic situation.
But this situation is not merely economically unsustainable. It is spiritually unsustainable:
(Excerpt) Read more at iwf.org ...
I do know that a lot of Americans are no longer bothering to try to build anything, mainly since they’ll just be burdened with one regulation after another.
The simple fact is, a lot of American manufacturing was moved to China.
This is part of the reason, there are so many Americans, now out of work.
Bring back American jobs.
Men Are ‘On Strike’ Throughout The U.S.: What Are The Causes? (More John Galt than Peter Pan?)
A young mother I know (under 30) started a home business @ 2 years ago that’s been very successful. She works her butt off. She is really disgusted with all the regs she has to contend with and what it’s done to her family’s tax situation.
When my business launches, I’m going to headquarter it in Monaco and enjoy a tax free income from all my work.
Is this just another way for Obama to explain away his destruction of jobs? Make jobs unavailable and after trying to get non existant jobs, some people give up and then declare those people have exited the job market. So instead of admitting you put them out of work, indicate that they left the workforce of their own will.
All I know is that amnesty will fix this.
Sucking on the government tit is not going Galt, that’s becoming a bum. Going Galt means being productive off the grid. Roger Simon should know the difference.
Exactly. Everyone who went Galt didn’t just stop working. They moved on to set up business in Galt’s Gulch.
The U-6 is probably around 15 to 20 percent now.
In Washington, DC a few years ago the govt. masterminds decided to require a Basic Business License for all business activity however small. One has to declare that they do not owe the city $100 or more in order to get one. If fighting a $100 plus traffic ticket, mistaken bill from Tax and Revenue, or any of the other myriad mistakes a govt. bureaucracy can make, you can’t get your licens.
If colorado can countermand federal drug regulations....
Why cant another state countermand federal business regulations?
One obstacle after another.
No wonder businesses are going overseas.
I think simply giving up and walking away is the best possible way to react to all of this. Stop trying to sustain a system that is broken anyway and not good for a lot of people.
Our country is like the Old South, determined to maintain a class system that prevents people from moving up (certain elites referring to ordinary Americans as trash) and a determination to bring in cheap labor in endless supply (the Mexicans), and a perverse determination not to be practical about an education (getting useless degrees) and deliberate ignorance about reality (as evidenced by the way people choose to ignore warning signs and learn from mistakes).
I broke with that some years ago and I believe that it was the best possible thing in the world. You won’t see me fighting to uphold a toxic system.
Starve this beast!
I’m all for it and I look forward to the end of this toxic era we’ve been swilling around in.
I agree. This is a misrepresentation of John Galt.
I imagine that there are a lot of workers that connected into the underground economy.
I don’t think John Galt was looking for a nice government teat to suckle. That’s the goal of most of those who have withdrawn from the workforce.
Because the president has a fondness for drug dealers since he himself has admitted to be a drug dealer.