Thread: Jobs Creation

http://tinyurl.com/6t4nd

Scary part when viewing the charts is in November 2001 the calculation was changed: When you are no longer are eligible for unemployment benefits youare dropped from the rolls and no longer counted (how nice you do not count anymore). I would love for the people that are unemployment and not collecting unemployment benefits to be counted again so we have a "real" picture of unemployment (and our economy for that matter). I would say unemployment is around 7.6%-9%. What we hear is more people are working now then in our history. OK (1) There are more people now then in our history (2) How many people are working at dumb downed jobs, i.e., had to take something because they have to eat and were layed off because their job was outsourced to, We, the Borg. Another creative master piece is when you do find a job after being dropped from the rolls you are counted as a job added. Stastically that makes things look just GREAT.

So a wild guess here, people unemployment and dropped from the rolls of counting their worthlesscarcasses anymore and people working at dumb downed jobs due to their manufactoring job going offshore - 12-15%. This means people are working for less pay - meaning less tax revenue - meaning social security problem - meaning that is what freaking happens when you out source your manufactoring base to, We, the Borg. :PAction/Reactive - massive trade balance problem - tax revenue based wiped out. Funny how that action/reaction thing works. However unless we get our manufactoring base back we will NEVER even out our trade balance. The weaker dollar (which is suppose to help) is not working because we manufactor nothing anyone wants-other then our stupid movies. If we were able to send them our lawyers and those financial experts on tv we would have something to traded with we are way overstocked with them.

Another fine example of the economy is fun-fuzzy math crap. Thank you Mr. Bubbles - you soulless,hearltess, politicalboot lickingbastard.

Action/Reactive - massive trade balance problem - tax revenue based wiped out. Funny how that action/reaction thing works. However unless we get our manufactoring base back we will NEVER even out our trade balance. The weaker dollar (which is suppose to help) is not working because we manufactor nothing anyone wants-other then our stupid movies. If we were able to send them our lawyers and those financial experts on tv we would have something to traded with we are way overstocked with them.


LOL!!!!!!!! Right back to the free trade everyone thought was so great. Without those manufacturing base that all the rich wanted to move to foreign countries, you still have to feed everyone here. The low dollar is doing that now! That low dollar is just killing some people, but saving a lot more. The weak dollar is here to stay until you move our troops back home. So therefore a low dollar, cause all the rich have to trade is the dollar.

cowboy wrote:

LOL!!!!!!!! Right back to the free trade everyone thought was so great. Without those manufacturing base that all the rich wanted to move to foreign countries, you still have to feed everyone here. The low dollar is doing that now! That low dollar is just killing some people, but saving a lot more. The weak dollar is here to stay until you move our troops back home. So therefore a low dollar, cause all the rich have to trade is the dollar.

The low dollar equates to diminished purchasing power, including food products. The folks who get hurt themost under these circumstances are those who can afford it least. Inflation has not yet manifested itself to the point where it is obvious to most people, but we keep moving closer and closer to that point.

Couple the low dollar with rising interest rates and we a prescription for pain. It is going to be real hard for AG (or his replacement if it goes that far) to formulate a soft landing under our current monetary situation. The dollar has been kept too low for too long and we are going to have to pay the price for this folly somewhere down the road.

Dr_Dubious wrote:

Scary part when viewing the charts is in November 2001 the calculation was changed: When you are no longer are eligible for unemployment benefits youare dropped from the rolls and no longer counted (how nice you do not count anymore). I would love for the people that are unemployment and not collecting unemployment benefits to be counted again so we have a "real" picture of unemployment (and our economy for that matter).

That does appear to be spin control. However, I wonder if it is to paint a more dynamic picture of the direction of job creation/loss. Also, some whoare unemployed choose to be and I wonder if the change is to filter them out since they distort the picture.

Another distortion that I did not bring up is the birth/death ratemodule.

I did not if anyone would care about this topic so I did not go into it.

Late 2002 the fed changed to the birth/death rate module. The theory is pretty complicated but the bottom line is:

Because of the birth/death rate module an extra 100K jobs were added to the last report. My guess was 160-180K. The report came in at 262K. I will use the birth/death rate module in the future. There are so many "distortions" to keep in mind it is very hard for a person with 3 PhDs and a IQ of 179 to keep track off :P. That why some people were looking for a HUGE number - birth/rate module that added 100K right from the start. Great game? 100K ahead right out the blocks.

The March report will also have an extra 100K. May-jun-Jul they whack off 100K the last time I ran the numbers.

People want to work - however child care is to a point where it is cheaper for one of the spouses to stay home. Your 15.90 an hour after child care/clothes/travel expenses and taxes was a net lose. Middle class squeeze. Sad but true. :?

Dr_Dubious wrote:

People want to work - however child care is to a point where it is cheaper for one of the spouses to stay home.

Good...now maybe we'll have some decent children instead of these out-of-control monsters that I just want to kick...

Rolo wrote:

Dr_Dubious wrote:

People want to work - however child care is to a point where it is cheaper for one of the spouses to stay home.

Good...now maybe we'll have some decent children instead of these out-of-control monsters that I just want to kick...

Another sign of Chaos Theory - out of control, do not pay debt and do not care youth...

When the heros are people like Paris Hilton, a crack addict....things are looking good...for my theory.

Person of the Year - Paris Hilton - hmmm.

Person of the Year - Paris Hilton - hmmm.

Not exactly someone I want as a role model for my kids.

Montana wrote:

Person of the Year - Paris Hilton - hmmm.

Not exactly someone I want as a role model for my kids.

God did you watch the Barbra Wa Wa interview.

Love to take that silver spoon and......hmmm....

Make any good movies lately?

She is the role model for your kids just ask them. They probably follow her every move. Sad but true. :? Chaos Theory.

LOL! Paris Hilton!! Here is some more for you that are in the media. Don Trump to me is nothing but a rich loser. Michael Jackson nothing but a freak show. How about all these rich people having their own TV shows on these dish networks. The only thing the media knows is how to paste and cut. They are trying to make news instead of report it.

LOL Paris Hilton - person of the year!!!!!!!!!!! She is proof the rich have no brains and media and entertainment is not far behind. They just have money.