On Mon, 8 Aug 2011 10:45:02 -0500, Boating All Out
wrote:
In article ,
says...
On 8/7/2011 3:08 PM, Eisboch wrote:
"wf3h" wrote in message ...
On Fri, 05 Aug 2011 12:43:57 -0400, wrote:
So you agree the real unemployment rate is a lot worse than the
numbers. I think that is what the OP was going for.
nope. what i said was that you're too stupid to understand how it's
measured and so is he
----------------------------------------------------------
I am "stupid" because I posed a legitimate question?
Not counting those who have given up looking, even though employable, is
dishonest and
totally misleading to the public. Hint: The "real" unemployment rate is
near 20%.
That's scary.
Eisboch (not so dumb after all)
Yes, this was the same dolt who some time ago claimed Germany had
significantly less than 20% unemployment.
He's only a dolt because he talks with the nuts, insults almost
everybody he speaks to, and repeats the same things over and over.
Otherwise, he's usually right.
German unemployment is about 6%.
Anybody can find that with a few key clicks.
Same deceptive math, but they want to believe what the want to believe.
Here's some more economic facts.
There's a whole bunch countries with an AAA credit rating.
Austrailia
Austria
Canada
Denmark
Finland
France
Germany
Guernsey
Hong Kong
Isle of Man
Liechtenstein
Luxembourg
Netherlands
Norway
Singapore
Sweden
Switzerland
United Kingdom
Many people in the U.S.A. call those countries "socialist" because they
all have universal health care and old age pensions.
Seems crazy to them.
The U.S.A. has an AA rating and no universal health care.
Second class compared to the countries on the above list.
The U.S.A. does have food stamps.
About 20% of Americans qualify for and use food stamps.
You can't buy beer with food stamps, so personally I don't want to ever
depend on food stamps. Even if I had beer money on the side.
Food stamps are second class "money."
Many people living in the countries with AAA ratings have trouble
understanding why 20% of the people in the U.S.A. are on food stamps,
with which they can't buy beer.
Seems crazy to them.
You can decide for yourself who's crazy.
Actually, the US still has AAA from the two others, and S&P has had
all sorts of problems lately, not to mention their $2T error.
The problem with the other AAA rated countries is that they don't have
the financial depth to be the backstop currency. The US does and will
remain the currency of last resort for the foreseeable future.