Who’s on First

Who ever wrote this piece is brilliant. I have always wondered why politicians are so enamored with the unemployment rate. After reading this bit I figure it is because a lower number is easier to defend than a higher number. In my books the real number is the percentage of people out of work. After all, they were working before the economy crashed so why give up counting them?

ABSOLUTELY BRILLIANT!

66017-004-B1C390B5

 
COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It’s 5.6%.

COSTELLO: That many people are out of work?

ABBOTT: No, that’s 23%.

COSTELLO: You just said 5.6%.

ABBOTT: 5.6% Unemployed.

COSTELLO: Right 5.6% out of work.

ABBOTT: No, that’s 23%.

COSTELLO: Okay, so it’s 23% unemployed.

ABBOTT: No, that’s 5.6%.

COSTELLO: WAIT A MINUTE. Is it 5.6% or 23%?

ABBOTT: 5.6% are unemployed. 23% are out of work.

COSTELLO: If you are out of work you are unemployed.

ABBOTT: No, Obama said you can’t count the “Out of Work” as the unemployed. You have to look for work to be unemployed.

COSTELLO: BUT THEY ARE OUT OF WORK!!!

ABBOTT: No, you miss his point.

COSTELLO: What point?

ABBOTT: Someone who doesn’t look for work can’t be counted with those who look for work. It wouldn’t be fair.

COSTELLO: To whom?

ABBOTT: The unemployed.

COSTELLO: But ALL of them are out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you’re off the unemployment roles that would count as less unemployment?

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don’t look for work?

ABBOTT: Absolutely it goes down. That’s how it gets to 5.6%. Otherwise it would be 23%.COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have people stop looking for work.

ABBOTT: Now you’re thinking like a Democrat.

COSTELLO: I don’t even know what the hell I just said!

ABBOTT: Now you’re thinking like Hillary..

2 Responses

  1. Yes, 23% is probably the right count. When Barry O claims x amount of new jobs created they don’t include jobs lost to get a real count and most of the new jobs are part time and low wage. Why don’t they tell us the total amount of jobs lost over the last two decades because companies have taken the jobs to other countries? That has to be in the millions. These companies should be taxed at a rate so high that it is no longer profitable to make things outside of US.

    I have a plan to create over 10 million jobs. IF YOU SELL IT HERE YOU HAVE TO MAKE IT HERE. This allows foreign countries to still have factories here and make money by investing in the geographic US but using American workers. Once these new workers have jobs their salaries go back into our own economy and even more people now go to work and an upward spiral of full employment skyrockets. Then there will be more jobs than people to fill them and salaries will rise.

    We know who’s on first alright. And second, third and home. The exploitative megabanks and megacorps have the bases loaded and their pockets loaded and the system is loaded against American workers.

  2. Good one. Highlights the emotions attached with unemployment that, perhaps, cause the un-objective treatment.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Success Inspirers World

International Friends Forum - Springboard To Great Heights

Attila Ovari

Loving Life and Inspiring Others

Remember The 14 Words

We Must Secure The Existence Of Our People And A Future For White Children

galesmind

Come take a journey through my mind

Nutsrok

The humor and humanity of storytelling.

Henry Game

The Next Testament

Reclaim Our Republic

Knowledge Is Power

Grumpa Joe's Place

My Flag Flies Everyday

Gamintraveler

Travel Guides and Digital Nomad Lifestyle

summershaffer

A topnotch WordPress.com site

I Know I Made You Smile

cartoons/humor/fiction/nonfiction

blogsense-by-barb

at the Re-Birth of America!

The Honking Goose

something to honk about

The Dangers of Allah

Confused about Islam, Muslims, Taqiyya, Kitman, The Islamic State, and Sharia? I've spent 14 years studying these confused beings.  They are not at all what they want us to believe, especially those who are ruled by al Qaeda , ISIS and the Muslim Brotherhood as well as those who commit overt and covert Jihad while practicing Sharia tortures upon women

dancingczars.wordpress.com/

“ The limitation of riots, moral questions aside, is that they cannot win and their participants know it. Hence, rioting is not revolutionary but reactionary because it invites defeat. It involves an emotional catharsis, but it must be followed by a sense of futility. ” ~ Martin Luther King, Jr.

THE WAKING GIANT

United States Second Amendment Pitbull

Caustic Synergy

United and alone in the world

ELLIOT LAKE News

Political INcorrect constructs & Forbidden Knowledge -- Yours To Discover

tutorials4view

Watch free tutorials in Full HD (1080p) quality video tutorials, sorted by subjects, like: Photoshop, Gimp, Facebook, Torrents, Windows 7, Windows 8, Windows 8.1, Viruses and malware removal ( like ask,com, vqo6, Babylon ) and more and more.. If you like our tutorials and guided, please SUBSCRIBE to out channel at: http://www.youtube.com/user/ShaiSoft - tutorials4view.

Aspiring Conservative

Conservative blog with articles about today's politics!

Conservative Kentucky

Reality From my Perspective

creepingsharia.wordpress.com/

Documenting the Islamization of America

Hearing Aid News

HEAR it HERE first! The latest on developments in hearing aids and the hearing industry.

Socialism is not the Answer

Limited Government Is

John SterVens' Tales

Thee Life, Thee Heart, Thee Tears

%d bloggers like this: