SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Benchman who wrote (550774)3/11/2004 8:14:56 PM
From: sea_biscuit  Read Replies (2) | Respond to of 769667
 
Not many people gave up looking for a job in the Clinton years. The unemployment figure is an accurate measure until the time comes when people lose jobs and fail to get any other employment soon (like now, in the Dumbya era)

Also, how are the people eating right now? Have you seen the rising figures about credit-card debt? If you have, you would know how. Add to this, the housing bubble (thanks, Alan Greenspan!) which has enabled people to take "cash out" refis.

So how are people eating right now? By borrowing on their credit-cards and pledging their houses. That's how they are able to eat!



To: Benchman who wrote (550774)3/11/2004 8:17:59 PM
From: Steve Dietrich  Read Replies (1) | Respond to of 769667
 
<<I love that. They gave up looking for a job. So how are they eating right now? What are they using for money?>>

You do understand that not everyone lives alone don't you?

<<I do understand they expire. The rolling average continues to go down, and has been going down. That means people are not needing the benfits, because they have jobs.>>

I don't think you do understand. If someone's benefits expire and they haven't found a job, they go uncounted.

<<Why is it that liberals always try to change the rules.>>

I see you're a comedian too. It's the right that wants to start using the Household Survey to measure job creation.

Have at it. According to the Household Survey the economy just lost 265,000 jobs and 590,000 dropped out of the work force.

Run on that.

Steve Dietrich



To: Benchman who wrote (550774)3/12/2004 12:43:07 PM
From: sea_biscuit  Respond to of 769667
 
I remember reading about a cartoon showing two guys drinking in a bar, and one is saying to the other, "I've stopped looking for work because I believe it helps the economic numbers."