The economic research firm’s “True Rate of Unemployment” (TRU) seeks to capture the share of workers that the group defines as “functionally unemployed.” This includes not only people who are unemployed and looking for a job, but also those who are involuntarily working part-time and who are earning poverty-level wages, or less than $26,000 annually before taxes.
Functional unemployment across the U.S. has climbed four straight months and stood at 24.9% as of July, although that’s down from 25.2% in December, according to the Ludwig Institute.
Same. I know damn well this is a strategy: mass lumpenization, and in no small part for humiliating the working class.
I’m not looking down on anyone, I’m very much involuntarily shuffled into the lumpen class.
The US only has two (immediate) future outcomes:
1.) Dictatorship of the Proletariat.
2.) Current day TERF island, but with regular exports of food. (The US has a lot of agricultural land.)
Don’t really see any other options.