Re: September unemployment is 9.8 percent
Quote:
Originally Posted by Schneed10
Well to make a declaration like that you have to do a lot more digging than just looking at September's 9.8% and summarily passing judgment.
You have to analyze jobs to ascertain:
- How many people would be unemployed if the stimulus wasn't passed? Would it be more than 9.8%?
- How many people have adjusted their standard of living? For example, my wife became a stay at home mom last month. She's not looking for another job, but she doesn't want one either.
- How many jobs have been created by stimulus funds to date? How many are planned?
- How many jobs have been created/lost thanks to economic conditions. These creations/losses would happen regardless of stimulus.
It's a complicated exercise to accurately determine whether stimulus worked. Don't be a headline grabber when it comes to this stuff, focusing on the headlines leads to thoughtless debate and a lack of critical thinking.
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-You also have to factor in how many anti-aircraft carrier missiles the CHICOMS can buy with the interest off the money we've borrowed from them.
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A funny thing happened on the way to the temple. The moneychangers bought the priesthood.
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