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


To: SilentZ who wrote (731178)8/6/2013 3:59:53 AM
From: joseffy  Respond to of 1574854
 
Who Needs Food When You Have Soylent?



To: SilentZ who wrote (731178)8/6/2013 1:09:22 PM
From: Tenchusatsu1 Recommendation

Recommended By
TideGlider

  Read Replies (2) | Respond to of 1574854
 
Z,
Even if it did, if as lots of economists say, that 2-3% of the budget takes what would otherwise be 6% unemployment and makes it 7.5% (rough numbers there), then all spending being equal, withholding that spending might make unemployment something like 7.52%.
You did the math wrong.

(a) You added to the unemployment figure. You should have subtracted.

(b) If the ratio of percent budget to percent unemployment is 2:1, then one tenth of a percent in the budget would lead to a drop of 0.05 percentage points in unemployment.

(c) If the working population in America is 150M, 0.05 percentage points actually translates to 75,000 jobs. Obama would be GIDDY over that amount of jobs "saved or created" just with one action alone.
Once again, give me the action.
Once again, I'm not going to repeat myself.

Tenchusatsu