50% U.S. Unemployment? Not in 20 years. Right Now.

Note: You say we exaggerated? Your 2014 BLS Update is below.

#IncomprehensibleTruth is still truth. This is only the very beginning of the kinds of breathtaking wake up calls and cataclysmic shifts we'll discover amidst accelerating #BigData in the coming decade.

The first tenant of economics is, "compared to what?" What do we mean by #Unemployment? How many ways has that word been laundered, spun, and compared to false and misleading metrics, to date? This chart begins to pull back the curtain; but you should get the data for yourself and press #OpenData into service of both illuminating our current predicament and forging new ways forward.

Fig 1. -- Total U.S. Labor Non-Participant Rate.

LEGEND
totnonpart (top purple line) =  Total U.S. Labor Non-Participant Rate. Number of Americans displaced, discarded, disabled, dropped out of the count and completely off the Workforce Map.
civnonpart (orange/yellow line) = Civilian Labor Force Non-Participation Rate (100-civpart).
u6rate (green line) = True Total #Unemployed, plus all marginally attached workers plus total employed part time for economic reasons.
unrate (bottom blue line) = MSM Consensus Crowd-Control #Unemployment Story

Source: Federal Reserve Economic Data (FRED mobile)

Don't like that slice on The Data? Try the direct BLS view on for size:

2014 BLS Update

Still don't like The Data? Think it's out of context? Try this compared to what view, vs. GDP & Profits:


What will really bake your post-scarcity noodle is that right now, in 2013, we've created the first 3D printed food, straight from the Star Trek replicator. Got change for a paradigm?

Core issue that killed #MLK was #EconomicInequality #ItsNotAboutRace It's about #BasicIncome Sustainable #Postscarcity #EndPoverty

It's so not about race. The core issue that killed #MLK was moving beyond superficial distinctions of color and creed, taking on the core malignancy of the human condition: escalating and unsustainable economic inequality. 

King's evolving political advocacy in his later years ... paralleled the teachings of the progressive Highlander Research and Education Center, with whom King was affiliated. King began to speak of the need for fundamental changes in the political and economic life of the nation. Towards the time of his murder, King more frequently expressed his opposition to the war and his desire to see a redistribution of resources to correct racial and economic injustice. Though his public language was guarded, so as to avoid being linked to communism by his political enemies, in private he sometimes spoke of his support for democratic socialism. In one speech, he stated that "something is wrong with capitalism" and claimed, "There must be a better distribution of wealth, and maybe America must move toward a democratic socialism."

Of course, the word distribution has long since become an emotionally hijacked firestarter keyword of the fundamentalist tinfoil hat lexicon; and actually, it's perhaps not the most accurate word to describe the challenges of a sustainable postscarcity circulatory system. Notwithstanding, a preponderance of economic scholarship over the most recent half dozen decades or so has gradually converged on the most logical first step, variously described as Basic Income, Universal Basic Income (UBI), Basic Income Guarantee (BIG), and similar language-specific nomenclature that crosses virtually all ephemeral cultural and language boundaries.

Follow, learn, and join the rapidly rising global #BasicIncome trend on twitter:

• @BasicIncome
• Facebook: Basic Income Rights
• @RentaBasica
• @RevenuDevie
• @BasicIncome_J
• @Grundeinkommen
• @BINews

And if all that is still not enough to bring you up to warp speed, here's Captain Picard: Make it So.