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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (107414)1/28/2010 2:19:11 PM
From: John McCarthy  Read Replies (2) of 116555
 
NUTSHELL

From the report,

there are 5,350,477 workers on emergency benefits,
and another 4,669,250 workers on regular benefits.

Thus 10 million people are out of a job who want to work,

and that does not count the

number of people who have exhausted regular and emergency benefits.

globaleconomicanalysis.blogspot.com

I know! I know!
Lets piss away a year of our focus and energies talking about Health Reform.


Unsophisticated Estimate
.
Lost Gross Income
---------------------------
Collecting Outta Luck Total
------------------------------------------------
10,000,000 7,000,000 17,000,000
48,000 48,000 48,000
------------------------------------------------
480,000,000,000 336,000,000,000 816,000,000,000
================================================
.
.
48,000 = Average Salary

Less: Unemployment Income

regards
John
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