Study: Plenty of Skilled Labor Just Not Enough Jobs.

[AgeofKnowledge]

I finished my M.Div. a few years ago. It was my second master's degree. I've met a couple volunteer chaplains. Great people. I understand the health issues. Age catches up with all of us.

Nothing for nothing but if you're an open minded person, you may want to investigate Healing Rooms International. Obviously the supernatural and the natural go together. Modern medicine and healing prayer together . And sometimes people really do experience supernatural healing from the Lord in that ministry. I've seen it happen on a couple occasions right in front of me. Pretty amazing when it does. At the least, you get some wonderful prayer. At the best, you get healed. It was free when I went. It's a no lose deal .

https://healingrooms.com/

Nice to meet you, too! I worked teaching while my kids were growing up, and eventually burned right out and got very sick, still am. I got my MDiv last year and now I am a volunteer chaplain. I can't work for money, because my health is too inconsistent.

I hope you still want to be friends after this confession that I was not a stay at home mom and I am a pastor! Mind you, my kids are all wonderful and they appreciated everything I did! I never had a problem with them, but I think that was God that kept them on the straight and narrow, not just parenting.

 

[AgeofKnowledge]

Still no evidence of a labor shortage: Still No Evidence of a Labor Shortage | Center for Immigration Studies

Oops! All major demographics are trending the WRONG way:

Which helps explain why the share of immigrant-headed households (legal and illegal) with a child (under age 18) using at least one welfare program continues to be very high Welfare Use by Immigrant Households with Children | Center for Immigration Studies adding to the social welfare presently dominating the federal budget Welfare Programs Dominate US Budget, CRS Reports

Obama's response, of course, to the grim jobs situation in the U.S. is to bring in more workers!: Obama Responds to Grim Jobs Situation by Bringing in More Workers | Center for Immigration Studies

Understand that 83 percent of graduating college seniors do not have a job yet. In technology fields, where corporate America prattles that there is a crisis worker shortage, 82 percent of graduates do not have a job, for example, but has responded to the grim job situation by using executive action to import even more foreign labor and allowing their spouses to work also.

Of course, given that seventy five percent of Hispanics and fifty five percent of Asians in the U.S. want bigger government and more welfare; this also eventually results in voting for politicians that oblige them driving up the national debt (and national debt to GDP) which hasn't reached a point of unsustainability primarily due to extremely low interest rates which have kept the interest payment to about $225 billion for 2014 (despite the radically increasing debt to dollar ratio); however, interest payments are projected to increase dramatically in the years ahead by the Congressional Budget Office to approach a trillion dollars annually by 2023. That's more than all spending on national defense as a comparison paid out to creditors of the U.S. national debt in a single year.

Expect a rating downgrade. If the high debt slows economic growth causing projected government revenues to fall short and the interest expense increases, this could bring true national debt unsustainability and if that occurs both the consequences and the options are all very bad.

Why is National Debt Bad: Real Dangers of Soaring Government Debt

However, interestingly, the U.S. has been through this twice before; in 1933 (during the Great Depression) and in 1790, and several state governments in 1840.

Depending on how it is handled when and if it occurs, things could go from the present deteriorating situation to a tragic one or the present deteriorating situation to a bad situation which is handled correctly putting the U.S. on course toward a recovery.

Obviously, the present crop of politicians and bureaucrats would simply choose the first option as they have shown they have no idea how to implement the second one and that's the truth.

 

[AgeofKnowledge]

^ With the present crop of political thinkers and behavior, we would engage upon a "death spiral" in which the government continues borrowing after default/debt restructure, as if nothing happened, but at much higher interest rates resulting in a cycle of increasingly worse economic crashes that eventually lead to a very deep long term depression that we no longer have the ability to borrow and spend our way out of (acknowledging that other factors were material as well of course) like we did during the last Great Depression. The societal and government breakdown would be enormous with sweeping social and political upheaval never before seen in this country. It's not a pretty picture but it's a real possibility given the "right" (e.g. wrong) factors emerging from our present position moving forward with no change in behavior.