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On Fri, 05 Aug 2011 17:26:14 -0600, Canuck57
wrote: On 05/08/2011 5:00 PM, BeachBum wrote: 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. Yep. If China stops propping up the USD, Americans are going to wake one day to 100% inflation in a day. Happened in 1933, where gold was confiscated as it was linked to the dollar at 1/20th of an ounce. After the executive order obtained the gold at $20/oz, they devalued the buck to $35/oz. If you had gold not sent to the government, your were laughing. But if you wanted to import something you were hosed and inflation even in local goods rippled through for well over a year.... They can't really do gold this time for Americans. But say wealth confiscation tax might be possible. It is why some companies I follow are splitting up and moving a good part of world operations offshore. If offshore, and US ops loose money, if hey make a profit in China from China made they don't have USA world tax. Yep, US tax greed, ya, they can all share having nothing as business moves out. Yep, you're stupid and another moron agrees with you. Call CNN! |
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