Chimp praises the great advances in our economy.

IsItJustMe

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Fri Apr-07-06 11:35 AM
Original message

Chimp praises the great advances in our economy.

Edited on Fri Apr-07-06 11:37 AM by IsItJustMe

The chimp is now speaking. He says we have had 31 months of employment increasing.

Come to think of it, they have opened up two new McDonald's around here lately. So it simply has to be true.

There are lies, damn lies, and then there are statistics.

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Avalux

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Fri Apr-07-06 11:37 AM
Response to Original message

1. Yep.

A lot of those 'new' jobs are seconds; people that can't get by on the one they got after losing their other job that paid well. And there's so many intangibles....healthcare, pensions.....

It's all bullshit.

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rman

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Fri Apr-07-06 11:40 AM
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2. There are lies, damn lies, and then there is Bush.

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Roland99

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Fri Apr-07-06 11:49 AM
Response to Original message

3. Here's a bit of info on those months of employment increasing >>>>>>>>>>>>

Edited on Fri Apr-07-06 11:54 AM by Roland99

Only goes thru 2004 but shows how far off this administration was in its projections vs. reality)

And, up through Mar. 2006 Numbers in 1000s:
Net jobs 2001-2006.................................2305
Equilibrium jobs (160k/mo)....................9920
Shortage....................................................-7615
Net jobs since 2003 Q4...........................4894
Equilibrium jobs (160k/mo).....................4640
Gain................................................................254

Anything below 160k new jobs/month is NOT growth
Numbers above based upon
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0000000001&output_view=net_1mth

And, let's toss in: Real Wages Declining:
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0500000049

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C_U_L8R

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Fri Apr-07-06 12:06 PM
Response to Original message

4. did the monkey have a liquid lunch??

hic*

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