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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (651738)	4/17/2012 8:09:27 PM
From: Brumar89	1 Recommendation Read Replies (2) \| Respond to of 1583405

Unemployment: The myth and the reality Published April 17, 2012 \| By Bruce McQuain And all of it brought to you in charts via Zero Hedge. The myth: The "official" unemployment rate is 8.2%. Zero Hedge claims the real unemployment rate is 14.8%. The reality in two charts. Chart 1: In case you’re missing the point, 88 million are not participating. That is a whole lot less than when this started. As Zero Hedge asks ‘must be that everyone is able to retire’. Uh, yeah, right. That chart and number provides context for the next chart. Lets go to Chart 2. This is the chart that tells the tale and kills the myth: This is the chart that the GOP nominee ought to have permanently hanging at every single event he holds during this election season. This is indicative of the real unemployment picture and it isn’t pretty. Certainly, many Baby Boomers are choosing to retire, but as I said on the podcast, a) we’re just getting into Baby Boomer retirements and b) no one would dare argue that everyone has the ability to retire right now. So there is a serious discrepancy between the official unemployment rate and the real unemployment rate. That discrepancy is evident with these charts and destroys the myth of an improving unemployment picture. qando.net

To: puborectalis who wrote (651738)	4/17/2012 8:35:51 PM
From: Tenchusatsu	6 Recommendations Read Replies (1) \| Respond to of 1583405

Pubo, > and an engineer would know about economics and polysci? The difference is that I don't use my engineering degree to qualify my knowledge in economics, politics, or social issues. I'm just an Average Joe giving my honest opinions on those subjects. You, however, have often tried to qualify your opinions on these issues with your doctorate. Cause you know, being an M.D. supposedly means you know more about raising taxes on the rich than some Occupy Wall Street loser. Tenchusatsu