Comments on: You Ain’t Goin’ Nowhere

By: Repair_Man_Jack

Repair_Man_Jack — Thu, 03 May 2012 17:53:51 +0000

1) Cut
2) Paste
3) Post!!!

Out-Flippin’-Standing

By: uncmike

uncmike — Thu, 03 May 2012 17:39:39 +0000

and it’s true to boot.

By: uncmike

uncmike — Thu, 03 May 2012 17:39:39 +0000

and it’s true to boot.

By: gekster

gekster — Thu, 03 May 2012 17:23:32 +0000

Funny because it is so true.

By: Freedoms Truth

Freedoms Truth — Thu, 03 May 2012 17:18:10 +0000

COSTELLO: I want to talk about the unemployment rate in America.
ABBOTT: Good Subject. Terrible Times. It’s 8.2%.
COSTELLO: That many people are out of work?
ABBOTT: No, that’s 18%
COSTELLO: You just said 8.2%.
ABBOTT: 8.2% Unemployed.
COSTELLO: Right 8.2% out of work.
ABBOTT: No, that’s 18%.
COSTELLO: Okay, so it’s 18% unemployed.
ABBOTT: No, that’s 8.2%…
COSTELLO: WAIT A MINUTE. Is it 8.2% or 18%?
ABBOTT: 8.2% are unemployed. 18% are out of work.
COSTELLO: IF you are out of work you are unemployed.
ABBOTT: No, you can’t count the “Out of Work” as the
unemployed. You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!!
ABBOTT: No, you miss my point.
COSTELLO: What point?
ABBOTT: Someone who doesn’t look for work, can’t be counted with those
who look for work. It wouldn’t be fair.
COSTELLO: To who?
ABBOTT: The unemployed.
COSTELLO: But they are ALL out of work.
ABBOTT: No, the unemployed are actively looking for work… Those who
are out of work stopped looking. They gave up. And, if you give up,
you are no longer in the ranks of the unemployed.
COSTELLO: So if you’re off the unemployment roles, that would count as
less unemployment?
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment just goes down because you don’t look for
work?
ABBOTT: Absolutely it goes down. That’s how you get to 8.2%. Otherwise
it would be 18%. You don’t want to read about 18% unemployment do ya?
COSTELLO: That would be frightening.
ABBOTT: Absolutely.
COSTELLO: Wait, I got a question for you. That means they’re two ways
to bring down the unemployment number?
ABBOTT: Two ways is correct.
COSTELLO: Unemployment can go down if someone gets a job?
ABBOTT: Correct.
COSTELLO: And unemployment can also go down if you stop looking for a
job?
ABBOTT: Bingo.
COSTELLO: So there are two ways to bring unemployment down, and the
easier of the two is to just stop looking for work.
ABBOTT: Now you’re thinking like a Democrat.
COSTELLO: I don’t even know what the hell I just said!

By: Repair_Man_Jack

Repair_Man_Jack — Thu, 03 May 2012 02:49:46 +0000

NT.

By: JimmyGee

JimmyGee — Thu, 03 May 2012 00:28:29 +0000

By: renl57

renl57 — Wed, 02 May 2012 20:53:29 +0000

…were service jobs and in the financial sector.

http://www.cnbc.com/id/47260289

You can’t build sustained economic growth with burger-flippers and caregivers in old-age nursing homes and Wall Street financiers. They’re not creating enough capital goods and new wealth.

And as for the jobs that create new wealth:

Manufacturing employment was down, goods-producing employment was down, and construction employment was down.

By: Freedoms Truth

Freedoms Truth — Wed, 02 May 2012 19:18:44 +0000

N/T.

By: acat

acat — Wed, 02 May 2012 18:33:05 +0000

but it doesn’t parse quite as well.

Mew

By: Repair_Man_Jack

Repair_Man_Jack — Wed, 02 May 2012 18:19:12 +0000

but perhaps he predicted him w/ Positively 4th Street.

By: papayapicker

papayapicker — Wed, 02 May 2012 18:16:46 +0000

Dylan had known Obama, we’d have new lyrics “Obama, my friend, is blowing in the wind, Obama is bl;owing in the wind.”

By: Repair_Man_Jack

Repair_Man_Jack — Wed, 02 May 2012 18:13:08 +0000

It looks bad indeed. I’d hate to see the interest rates we’d face if we tried a re-run of the stimulus we attempted in 2009.

By: JimmyGee

JimmyGee — Wed, 02 May 2012 18:03:45 +0000

“Worse, it appears that we we may be weeks to months at most from broad financial market recognition of this failure ? and if so, we?re about to have one hell of a crash and this time there are no policy actions available that will make a difference in the outcome.”

I have no doubt about this. I am surprised the economy hasn’t gone COMPLETELY off the rails yet. And this close to an election spells DOOM for Zero-In-Chief. The question is, if such a economic collaspe indeed happens, will the MSM report it? How bad does this economy have to get before the MSM can no longer ignore it, soft sell it, or prop up the meme that things are getting better?

It is coming, and it is going to hit us like a freight train….

By: earlgrey

earlgrey — Wed, 02 May 2012 17:31:31 +0000

I can’t keep them all straight. much easier if they just put the dem logo on all publications