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Eisboch[_8_] August 5th 11 02:41 PM

Fuzzy Math
 
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*?


Disgusted August 5th 11 03:02 PM

Fuzzy Math
 
On 8/5/2011 9:41 AM, 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*?


Just forget about the 157K for now and readjust in a future month.

Canuck57[_9_] August 5th 11 03:38 PM

Fuzzy Math
 
On 05/08/2011 7:41 AM, 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*?


Your math is good. Fleabaggers have a weird way of polishing turds.

And assuming zero population growth, that is about a 20 year recovery
not including that new jobs pay less than old jobs lost.

Bottom line, bad news. This is typically the good time of year for
employment, wait until Sept/Oct.
--
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.

wf3h[_2_] August 5th 11 05:13 PM

Fuzzy Math
 
On Fri, 05 Aug 2011 08:38:27 -0600, Canuck57
wrote:

On 05/08/2011 7:41 AM, 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*?


Your math is good. Fleabaggers have a weird way of polishing turds.


another racist lie, of course

unemployment number count only those LOOKING for work. if you stop
looking for work you're not counted, even if not working

[email protected] August 5th 11 05:44 PM

Fuzzy Math
 
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.

[email protected] August 5th 11 05:44 PM

Fuzzy Math
 
On Fri, 05 Aug 2011 08:38:27 -0600, Canuck57
wrote:

On 05/08/2011 7:41 AM, 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*?


Your math is good. Fleabaggers have a weird way of polishing turds.

And assuming zero population growth, that is about a 20 year recovery
not including that new jobs pay less than old jobs lost.

Bottom line, bad news. This is typically the good time of year for
employment, wait until Sept/Oct.


No. You're just stupid.

LilAbner[_3_] August 5th 11 05:50 PM

Fuzzy Math
 
On 8/5/2011 12:44 PM, 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.

Would you all polish up your insults a bit?

X-Man[_3_] August 5th 11 05:54 PM

Fuzzy Math
 
In article ,
says...

On Fri, 05 Aug 2011 08:38:27 -0600, Canuck57
wrote:

On 05/08/2011 7:41 AM, 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*?


Your math is good. Fleabaggers have a weird way of polishing turds.


another racist lie, of course

unemployment number count only those LOOKING for work. if you stop
looking for work you're not counted, even if not working


You know I like to use people's personal thoughts for attacks against
them, so would you please tell me what is racist about asking that
question?

[email protected] August 5th 11 06:59 PM

Fuzzy Math
 
On Fri, 05 Aug 2011 12:50:50 -0400, LilAbner wrote:

On 8/5/2011 12:44 PM, 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.

Would you all polish up your insults a bit?


No insult was intended. I pointed out that it's not an empirical math
issue.

Eisboch[_7_] August 5th 11 07:19 PM

Fuzzy Math
 

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.



[email protected] August 5th 11 07:59 PM

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.)

X - Man August 5th 11 08:01 PM

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.

Canuck57[_9_] August 5th 11 08:10 PM

Fuzzy Math
 
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.
--
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.

Canuck57[_9_] August 5th 11 08:20 PM

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.

[email protected] August 5th 11 10:53 PM

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.

[email protected] August 5th 11 10:53 PM

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.

Eisboch[_8_] August 5th 11 11:12 PM

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



BeachBum[_2_] August 5th 11 11:20 PM

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.

Canuck57[_9_] August 5th 11 11:46 PM

Fuzzy Math
 
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.

--
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.

BeachBum[_2_] August 6th 11 12:00 AM

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.

Canuck57[_9_] August 6th 11 12:26 AM

Fuzzy Math
 
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.
--
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.

[email protected] August 6th 11 01:07 AM

Fuzzy Math
 
On Fri, 5 Aug 2011 18:12:00 -0400, "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


Darn it, I forgot to call you a moron. Oh well!

Actually, I hunted around it was The Who... :)

[email protected] August 6th 11 01:09 AM

Fuzzy Math
 
On Fri, 05 Aug 2011 16:46:57 -0600, 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.


Nobody cares what you think (and I use that term loosely with you).
The fact is that investors are FLOCKING to the US as the best haven
for their money.

[email protected] August 6th 11 01:09 AM

Fuzzy Math
 
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!

X-Man[_3_] August 6th 11 02:05 PM

Fuzzy Math
 
In article ,
says...


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


Unlike me. I'll insult you, call you names and say nasty things about
your family if you don't agree with me 100%. That will never change.

wf3h[_2_] August 6th 11 03:01 PM

Fuzzy Math
 
On Fri, 05 Aug 2011 12:43:57 -0400, wrote:

On Fri, 05 Aug 2011 12:13:15 -0400, wf3h wrote:

On Fri, 05 Aug 2011 08:38:27 -0600, Canuck57
wrote:

On 05/08/2011 7:41 AM, 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*?

Your math is good. Fleabaggers have a weird way of polishing turds.


another racist lie, of course

unemployment number count only those LOOKING for work. if you stop
looking for work you're not counted, even if not working



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

wf3h[_2_] August 6th 11 03:07 PM

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.


uh no. you're too stupid to understand the biggest components of the
debt are the

1. bush tax cuts of 2001
2. the bush tax cuts of 2003
3. bush's 2 trillion dollar iraq war

ALL from a GOP congress

not too bright are you? you've been told this before. but you're
incredibly dumb

Canuck57[_9_] August 6th 11 10:46 PM

Fuzzy Math
 
On 06/08/2011 7:05 AM, X-Man wrote:
In ,
says...


wrote in message
...


On Fri, 5 Aug 2011 09:41:45 -0400, 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


Unlike me. I'll insult you, call you names and say nasty things about
your family if you don't agree with me 100%. That will never change.


Yep, no one expects you too. Your not smart enough to change.
--
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.

X - Man August 6th 11 11:07 PM

Fuzzy Math
 
On 8/6/11 5:46 PM, Canuck57 wrote:
On 06/08/2011 7:05 AM, X-Man wrote:
In ,
says...


wrote in message
...

On Fri, 5 Aug 2011 09:41:45 -0400, 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


Unlike me. I'll insult you, call you names and say nasty things about
your family if you don't agree with me 100%. That will never change.


Yep, no one expects you too. Your not smart enough to change.



Yup...you're even dumber than I thought.

Eisboch[_8_] August 7th 11 08:08 PM

Fuzzy Math
 


"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)


X - Man August 7th 11 08:10 PM

Fuzzy Math
 
On 8/7/11 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)


It's been that way for a long, long time (not counting those not looking)

Boating All Out August 7th 11 10:07 PM

Fuzzy Math
 
In article ,
says...

"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)


The problem is if you're not looking, you're not looking.
That makes you "retired" from the work force.
Then what happens is when hiring increases, the "unemployment" rate
often rises due to people who get back in the game and start looking
again.
I agree it's a stupid way of getting to the unemployment rate.
Good for the pols only - they can easiily make the numbers look better
than they are.
But since those books have been cooked for years they aren't fooling
anybody.
A general rule is just double the number.
Maybe food stamp use, about 20% of the population now, is a close match
with the "real" unemployment rate.
Bob cracks me up.
20% of the nation is on food stamps, and he's pulling in about +150k but
whining about it.
http://abcnews.go.com/Business/surge...stamps-united-
states/story?id=14231657

The U.S. is spending about $70 billion a year in food stamps.



[email protected] August 7th 11 11:08 PM

Fuzzy Math
 
On Sun, 7 Aug 2011 16:07:09 -0500, Boating All Out
wrote:

In article ,
says...

"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)


The problem is if you're not looking, you're not looking.
That makes you "retired" from the work force.
Then what happens is when hiring increases, the "unemployment" rate
often rises due to people who get back in the game and start looking
again.
I agree it's a stupid way of getting to the unemployment rate.
Good for the pols only - they can easiily make the numbers look better
than they are.
But since those books have been cooked for years they aren't fooling
anybody.
A general rule is just double the number.
Maybe food stamp use, about 20% of the population now, is a close match
with the "real" unemployment rate.
Bob cracks me up.
20% of the nation is on food stamps, and he's pulling in about +150k but
whining about it.
http://abcnews.go.com/Business/surge...stamps-united-
states/story?id=14231657

The U.S. is spending about $70 billion a year in food stamps.


The trend in food stamps is definitely up, mainly due to the sustained
unemployment.

http://www.leftandrightnews.com/2011...ipation-soars/

Of course, the Republicans don't actually give a damn about the
poor...

http://www.economist.com/node/18958475

wf3h[_2_] August 8th 11 12:26 AM

Fuzzy Math
 
On Sun, 7 Aug 2011 15:08:22 -0400, "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?


no. you're stupid because you expect the metrology to change so that
bush looks better and the

black

president looks worse


Not counting those who have given up looking, even though employable, is
dishonest and
totally misleading to the public



maybe so. but obama didnt change the method of measurement.

[email protected] August 8th 11 12:43 AM

Fuzzy Math
 
On Sun, 07 Aug 2011 19:26:16 -0400, wf3h wrote:

On Sun, 7 Aug 2011 15:08:22 -0400, "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?


no. you're stupid because you expect the metrology to change so that
bush looks better and the

black

president looks worse


Not counting those who have given up looking, even though employable, is
dishonest and
totally misleading to the public



maybe so. but obama didnt change the method of measurement.


Well, I think there are stupid people here, along with racist/fascist
ones. But, I don't think Eisboch is one, at least I don't see any
direct evidence of it. He's certainly nowhere near the level of
crazy/stupid of some (that sounds like I'm saying he is crazy/stupid
on some level, but I couldn't figure out how to phrase it properly).
:-)

I believe there are rational people on the right (not on the far
right, however, or even the extreme left - like Earth Firsters who are
off the deep end). A conversation/debate is possible in that
situation. As long as both sides recognize that there are facts and
made up facts, then it's possible.

The extremes on both sides tend to promote or invoke violence or
hatred to "prove" something or to "solve" something. That's just wrong
in a civil society. I'm not equating the two extremes. The right is
far more likely to do nasty things, but there is a left element that
exists. To deny that would be irrational.

It's pretty easy to make a factual error. Maddow's recent one about
Limbaugh. The issue is whether or not one is willing to be corrected
and to admit the error. It's hard to argue that Maddow doesn't have a
left-leaning agenda, but it's also impossible for a rational person to
think that Limbaugh has anything but his own self-interest in mind,
and he's willing to lie and/or distort the truth to support himself.
He would never admit a factual error.

Sorry for the rant. :D

Jimmy August 8th 11 03:47 PM

Fuzzy Math
 
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.

Same deceptive math, but they want to believe what the want to believe.

Boating All Out August 8th 11 04:45 PM

Fuzzy Math
 
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.





Canuck57[_9_] August 8th 11 05:23 PM

Fuzzy Math
 
On 08/08/2011 9:45 AM, Boating All Out wrote:
In ,
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.


Rating agencies are bull****. USA should have lost triple A 3 years ago.

I never understood why China was rated so low. Only $1.55 trillion in
civic, provincial and federal debt combined. And offset that they have
lent others more money than tat which makes China in a positive balance.

But then these were US companies doing the ratings. And we know liberal
media downplays that everyone but Moody downgraded USA, it wasn't just S&P.

No doubt in a US treasury you will gt your money back, the real question
is will it be worth as much. And that later prt has a certain risk that
assures it will not be worth as much.
--
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.

[email protected] August 8th 11 06:39 PM

Fuzzy Math
 
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.

[email protected] August 8th 11 06:40 PM

Fuzzy Math
 
On Mon, 08 Aug 2011 10:23:37 -0600, Canuck57
wrote:

On 08/08/2011 9:45 AM, Boating All Out wrote:
In ,
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.


Rating agencies are bull****. USA should have lost triple A 3 years ago.

I never understood why China was rated so low. Only $1.55 trillion in
civic, provincial and federal debt combined. And offset that they have
lent others more money than tat which makes China in a positive balance.

But then these were US companies doing the ratings. And we know liberal
media downplays that everyone but Moody downgraded USA, it wasn't just S&P.

No doubt in a US treasury you will gt your money back, the real question
is will it be worth as much. And that later prt has a certain risk that
assures it will not be worth as much.


"I never understood...." Yes, we get that you never, don't, and will
never understand.


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