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#11
posted to rec.boats
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Fuzzy Math
On Fri, 5 Aug 2011 14:19:24 -0400, "Eisboch"
wrote: wrote in message .. . On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. I understand that. I didn't understand how 117K/mo of new jobs lowered the official unemployment rate if it takes at least 157K/mo of new jobs just to stay even. Oh.. sorry.. I didn't address that. I think it's probably that people stopped being counted. Obviously, that's not good news. However, someone else gave a plausible explaination. The government only counts people who are actively looking for jobs. Those that aren't or gave up are not counted. In other words : Fuzzy math. Well, I guess it is, but it's not any more misleading that it always has been. So, I guess I'd say the new fuzzy math is the same as the old fuzzy math. (Seems like there's a rock tune along the same lines, but I can't recall which one.) |
#12
posted to rec.boats
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Fuzzy Math
On 8/5/11 2:19 PM, Eisboch wrote:
wrote in message ... On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. I understand that. I didn't understand how 117K/mo of new jobs lowered the official unemployment rate if it takes at least 157K/mo of new jobs just to stay even. However, someone else gave a plausible explaination. The government only counts people who are actively looking for jobs. Those that aren't or gave up are not counted. In other words : Fuzzy math. It's been that way for a long, long time. -- Don't forget to leave a bit of beef for rec.boat's right-wing conservatrashers and ID spoofers to feed upon. The more they feed, the quicker rec.boats will fall into the black hole of cyberspace and disappear. |
#13
posted to rec.boats
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Fuzzy Math
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#14
posted to rec.boats
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Fuzzy Math
On 05/08/2011 12:19 PM, Eisboch wrote:
wrote in message ... On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. I understand that. I didn't understand how 117K/mo of new jobs lowered the official unemployment rate if it takes at least 157K/mo of new jobs just to stay even. However, someone else gave a plausible explaination. The government only counts people who are actively looking for jobs. Those that aren't or gave up are not counted. In other words : Fuzzy math. Yep. I still count people unemployed for a year and still pounding out resumes with no luck. A lot of people giving up, sad. I would not doubt real unemployment without the fleabagger bull**** is over 20%. And it is going to get higher. Freaking fleabaggers don't realize Bernanke inflation is causing unemployment. If a person earns/spends 20 units of stuff, 5% inflation be it food costs or civic/state/fed taxes is next month 19 units....1/20th less need for employment. The hidden costs of inflation. Bernanke needs to stop his electronic counterfeiting (QE) as really it is an inflationary tax on the worlds reserve currency. People are catching onto this fraud. Debts need to balance up and pay a fair rate. But hey, I profited today in cherry picking some good stocks tha have already returned gains. Lots of weak bottoms today. -- Seems like paying your bills with real money is no longer the accepted behavior in USA. Perhaps that is the problem and not the the solution. |
#15
posted to rec.boats
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Fuzzy Math
On Fri, 05 Aug 2011 13:20:35 -0600, Canuck57
wrote: On 05/08/2011 12:19 PM, Eisboch wrote: wrote in message ... On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. I understand that. I didn't understand how 117K/mo of new jobs lowered the official unemployment rate if it takes at least 157K/mo of new jobs just to stay even. However, someone else gave a plausible explaination. The government only counts people who are actively looking for jobs. Those that aren't or gave up are not counted. In other words : Fuzzy math. Yep. I still count people unemployed for a year and still pounding out resumes with no luck. A lot of people giving up, sad. I would not doubt real unemployment without the fleabagger bull**** is over 20%. And it is going to get higher. Freaking fleabaggers don't realize Bernanke inflation is causing unemployment. If a person earns/spends 20 units of stuff, 5% inflation be it food costs or civic/state/fed taxes is next month 19 units....1/20th less need for employment. The hidden costs of inflation. Bernanke needs to stop his electronic counterfeiting (QE) as really it is an inflationary tax on the worlds reserve currency. People are catching onto this fraud. Debts need to balance up and pay a fair rate. But hey, I profited today in cherry picking some good stocks tha have already returned gains. Lots of weak bottoms today. Oh shut up. Nobody cares what a fool like you has to say. |
#16
posted to rec.boats
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Fuzzy Math
On Fri, 05 Aug 2011 13:10:14 -0600, Canuck57
wrote: On 05/08/2011 10:44 AM, wrote: On Fri, 5 Aug 2011 09:41:45 -0400, wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. Yep, the rise of unemployment started with Bernanke and the Democrat congress of 2006. Go figure. You are incredibly stupid. |
#17
posted to rec.boats
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Fuzzy Math
wrote in message .. . On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: In other words : Fuzzy math. Well, I guess it is, but it's not any more misleading that it always has been. So, I guess I'd say the new fuzzy math is the same as the old fuzzy math. (Seems like there's a rock tune along the same lines, but I can't recall which one.) --------------------------------------------------- I'll see if I can get one of the Bob Dylan wannbies at my shop to write something. :-) BTW ... thanks for your reasoned and well presented rebuttals to my recent opinions posted here. Goes to prove that rec.boats participants can still carry on a civil discussion, even if they disagree. Eisboch |
#18
posted to rec.boats
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Fuzzy Math
On 8/5/2011 6:12 PM, Eisboch wrote:
wrote in message ... On Fri, 5 Aug 2011 09:41:45 -0400, "Eisboch" wrote: In other words : Fuzzy math. Well, I guess it is, but it's not any more misleading that it always has been. So, I guess I'd say the new fuzzy math is the same as the old fuzzy math. (Seems like there's a rock tune along the same lines, but I can't recall which one.) --------------------------------------------------- I'll see if I can get one of the Bob Dylan wannbies at my shop to write something. :-) BTW ... thanks for your reasoned and well presented rebuttals to my recent opinions posted here. Goes to prove that rec.boats participants can still carry on a civil discussion, even if they disagree. Eisboch Me thinks you spoke too soon. |
#20
posted to rec.boats
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Fuzzy Math
On 8/5/2011 6:46 PM, Canuck57 wrote:
On 05/08/2011 3:53 PM, wrote: On Fri, 05 Aug 2011 13:20:35 -0600, wrote: On 05/08/2011 12:19 PM, Eisboch wrote: wrote in message ... On Fri, 5 Aug 2011 09:41:45 -0400, wrote: I am not very good at math. Can someone explain that how adding 117,000 new jobs/mo (good news) when it takes 157,000 or more/mo to keep up with the population growth causes the unemployment rate to *drop*? Clearly. It's better than 18K jobs added or even a negative number. I guess you don't remember the US bleeding 700K jobs per month during the last part of the Bush admin/beginning of the Obama admin. I understand that. I didn't understand how 117K/mo of new jobs lowered the official unemployment rate if it takes at least 157K/mo of new jobs just to stay even. However, someone else gave a plausible explaination. The government only counts people who are actively looking for jobs. Those that aren't or gave up are not counted. In other words : Fuzzy math. Yep. I still count people unemployed for a year and still pounding out resumes with no luck. A lot of people giving up, sad. I would not doubt real unemployment without the fleabagger bull**** is over 20%. And it is going to get higher. Freaking fleabaggers don't realize Bernanke inflation is causing unemployment. If a person earns/spends 20 units of stuff, 5% inflation be it food costs or civic/state/fed taxes is next month 19 units....1/20th less need for employment. The hidden costs of inflation. Bernanke needs to stop his electronic counterfeiting (QE) as really it is an inflationary tax on the worlds reserve currency. People are catching onto this fraud. Debts need to balance up and pay a fair rate. But hey, I profited today in cherry picking some good stocks tha have already returned gains. Lots of weak bottoms today. Oh shut up. Nobody cares what a fool like you has to say. http://www.france24.com/en/20110805-...ely-save-us-eu Read an weep. Your biggest non-US Fed creditor just stated USA needs to stop the fraud. Fleabaggers can blame the Chinese, but USA screwed itself with debt. The crazy little bitch advocates stifling free speech now. China owns us now. We'd better heed their warnings. |
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