RSS

Unemployed or Out of Work?

04 Feb

AC

Here we go, the recent unemployment report explained —


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

ABBOTT: Good Subject. Terrible Times. It’s 7.8%.

COSTELLO: That many people are out of work?

ABBOTT: No, that’s 14.7%.

COSTELLO: You just said 7.8%.

ABBOTT: 7.8% Unemployed.

COSTELLO: Right 7.8% out of work.

ABBOTT: No, that’s 14.7%.

COSTELLO: Okay, so it’s 14.7% unemployed.

ABBOTT: No, that’s 7.8%.

COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%?

ABBOTT: 7.8% are unemployed. 14.7% 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 they are ALL 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 rolls 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 the current administration gets it to 7.8%. Otherwise it would be 14.7%. Our govt. doesn’t want you to read about 14.7% unemployment.

COSTELLO: That would be tough on those running for reelection.

ABBOTT: Absolutely.

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 administration supporters stop looking for work.

ABBOTT: Now you’re thinking like the Economy Czar.

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

ABBOTT: Now you’re thinking like our current President.

Advertisements
 
3 Comments

Posted by on February 4, 2013 in Uncategorized

 

3 responses to “Unemployed or Out of Work?

  1. Dannyboy53

    February 5, 2013 at 10:32 am

    On 5 Oct 2011 I sent the following email to everyone on my list. The stats are old no doubt, but the point is, this illustrates how the regime LIES to us about the high figures to hide the foul work they do.

    The Barro Misery Index (BMI) is calculated by combining the rate of inflation, unemployment, our Gross Domestic Product and bank rates. According to the BMI Jimmy Carter was the worst President since this method to calculate the status of our economy was first used in 1948, during Harry Truman’s administration. Figures from the BMI show that 5 of the worst periods of inflation/unemployment during past administrations show an average of a little over 5%…Jimmy Carter was at an all time high of 21.98%! (This figure is known as the “misery index” not the unemployment rate) He continues to hold that unbroken record TODAY! Those of us that worked in the Carter years can attest to that, it definately was not Camelot! It was good riddance to the peanut farmer when Mr. Reagan came along.

    Even the left leaning New York Post last year (2010) was touting higher figures than we’re being told.
    http://www.nypost.com/p/news/business/how_nation_true_jobless_rate_is_N4E6MjtfhnMcCi537pucaJ

    Atlanta Fed Chief Dennis Lockhart in August of this year openly admited to Breitbart the unemployment rate is much higher than we are being told, being around 16%.

    John Williams of ‘Shadow Stats’ monitors and updates these figures each month, in September of this year (2011) he reported unemployment at about 21.5%.
    http://www.shadowstats.com/alternate_data/unemployment-charts

    Given Comrade Kenyans goal of destroying this economy, I would not be surprised if there aren’t nearly three out of every ten people out of work at this time…and counting.

     
    • The Soffitrat

      February 5, 2013 at 12:51 pm

      Yet, the blacks (primarily uneducated, on the plantation), students (over-educated but unemployable), leftists (aka: Communists, Socialists, etc.) and now Mexican (hands out) immigrants continue to vote for this traitor. It is time for our military, and the People (aka: taxpayer) to stand up to remove this man from our Political and societal scene. If the PTB (corrupt politicians, bankers, and corporate sponsors) resist, then taxes should not be paid, and all necessary actions for removal should be taken.

       
      • Dannyboy53

        February 5, 2013 at 12:59 pm

        Agreed…whatever it takes.

         

What are you thinking?

Fill in your details below or click an icon to log in:

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

 
%d bloggers like this: