Is the sky still falling?

[Geneus]

7.7% unemployment rate and the election is behind us. Where is Chicken Little?


http://www.latimes.com/business/mone...,4378298.story

[C5sarge]

Upcoming tax increases. Which I would actually be OK to an extent with if spending were cut and debt paid down. And our CIC wants to control the debt ceiling himself and bypass the system.
Yeah. Real sunny skies ahead.

[blckslvr79]

Please explain to us how the 7.7% was calculated.

[C5sarge]

Originally Posted by blckslvr79

Please explain to us how the 7.7% was calculated.

[walleyfisher]

So according to you all is well, stay the course them

The sky is going to fall, If you can't see it well.......

[Geneus]

Originally Posted by blckslvr79

Please explain to us how the 7.7% was calculated.

By using Voodoo economics, of course.

In all honesty, I haven't a clue. Presumably the same exact way the government has been measuring/calculating the rate over the past several years.

[Geneus]

Originally Posted by walleyfisher

So according to you all is well, stay the course them

The sky is going to fall, If you can't see it well.......

Remember...the trend is your friend.

[Texdentist]

Originally Posted by Geneus

Where is Chicken Little?

He's about to go over the fiscal cliff and take the rest of us with him.

[Geneus]

Originally Posted by Texdentist

He's about to go over the fiscal cliff and take the rest of us with him.

[blckslvr79]

Originally Posted by Geneus

By using Voodoo economics, of course.

In all honesty, I haven't a clue. Presumably the same exact way the government has been measuring/calculating the rate over the past several years.

You're half right.

You might want to look into the 540,000 Americans that fell off the roster this month that are no longer looking for work because they have given up. No, the actual unemploment numbers have not gone down.

Low information voter....
You just watch the headlines. Never mind the details.

[the machine]

Originally Posted by blckslvr79

You're half right.

You might want to look into the 540,000 Americans that fell off the roster this month that are no longer looking for work because they have given up. No, the actual unemploment numbers have not gone down.

Low information voter....
You just watch the headlines. Never mind the details.

So how many of those 540,000 are people who are retiring. I will remind you again that 10,000 people a day are reaching retirement age. That would be 300,000 each and every month...well except february which would be 280,000 unless it's a leap year but then I didn't count the months with 31 days.

That means that more than half of that 540,000 number would have stopped looking and given up looking because they had planned too.

[Texdentist]

Originally Posted by the machine

So how many of those 540,000 are people who are retiring. I will remind you again that 10,000 people a day are reaching retirement age. That would be 300,000 each and every month...well except february which would be 280,000 unless it's a leap year but then I didn't count the months with 31 days.

Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.

[blckslvr79]

Originally Posted by Texdentist

Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.

Never mind the real numbers....whats the man behind the curtain telling us?

[the machine]

Originally Posted by Texdentist

Then how many of the 540k are retiring involuntarily? Many people slip into retirement because their last job played out and after a long effort can't find a job to replace it.

So at what point do you call someone unemployed??? A guy who is 65 has no ability to work with modern technology and won't try to learn....is he retired or unemployed????

Many people are unemployed for this reason, and many who are younger. How is any president supposed to help them??

[blckslvr79]

Originally Posted by the machine

How is any president supposed to help them??

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