Political/Current Events Random, Pics, and Videos Thread - Page 89 - Miata Turbo Forum -Boost cars, acquire cats.

Welcome to Miataturbo.net   Members
 


Current Events, News, Politics Keep the politics here.

Reply
 
 
 
LinkBack Thread Tools Search this Thread
Old 04-10-2012, 02:57 PM   #1761
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Quote:
Originally Posted by Braineack View Post
it doesn't matter about them. all that matters is the current rate is bonkers and not good.


but your facts are wrong:

7.37.47.37.47.57.97.88.18.79.39.49.6

u6 rate jan - dec 2001.
Yep, you are right. I misremembered my data, but oh dear.

http://portalseven.com/employment/un...nt_rate_u6.jsp

Unemployment, even according to your metric, is going down.
blaen99 is offline   Reply With Quote
Old 04-10-2012, 03:00 PM   #1762
Crumple Zone Tester
iTrader: (6)
 
mgeoffriau's Avatar
 
Join Date: Jul 2009
Location: Jackson, MS
Posts: 7,490
Total Cats: 373
Default

Santorum's out.
mgeoffriau is offline   Reply With Quote
Old 04-10-2012, 03:02 PM   #1763
Boost Czar

Thread Starter
iTrader: (60)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 70,179
Total Cats: 1,402
Default

Quote:
Originally Posted by blaen99 View Post
Unemployment, even according to your metric, is going down.
awesome. it's still awful.
Braineack is offline   Reply With Quote
Old 04-10-2012, 03:07 PM   #1764
Elite Member
iTrader: (2)
 
Join Date: Sep 2008
Location: Central Florida
Posts: 3,284
Total Cats: 177
Default

Employment-population ratio is probably my favorite metric for measuring the labor force:
BLS website link

Attached Thumbnails
Political/Current Events Random, Pics, and Videos Thread-latest_numbers_lns12300000_2002_2012_all_period_m03_data.gif  
Scrappy Jack is offline   Reply With Quote
Old 04-10-2012, 03:07 PM   #1765
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

No arguments about it being awful, but unemployment stabilized shortly after Bush left office, and now it's provably going down.

You can say "But..but...bad unemployment!", but look at Reagan's unemployment numbers using similar time scales. While Reagan's numbers didn't reach Obama's, he also started at much lower numbers than Obama and the recession then wasn't nearly as bad - and if put in the same time scale, you see the same net effects on unemployment.

Or, to put it in TLDR form: The financial industry has too much political power/money.
blaen99 is offline   Reply With Quote
Old 04-10-2012, 03:11 PM   #1766
Boost Czar

Thread Starter
iTrader: (60)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 70,179
Total Cats: 1,402
Default

but we added 200,000 jobs after we lost 18,000,000
Braineack is offline   Reply With Quote
Old 04-10-2012, 03:12 PM   #1767
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

And? If Obama gets Reagan's full 8 years, I will bet you $50 that we see Obama having better unemployment then what he came into office with Brainy.

You care to take that bet?

(Disclaimer: I'm basing this on the economic theory of...our gov't can't do a damn thing for recessions. R or D, the best thing they can do is get outtatheway to let us recover from a recession.)
blaen99 is offline   Reply With Quote
Old 04-10-2012, 03:14 PM   #1768
Crumple Zone Tester
iTrader: (6)
 
mgeoffriau's Avatar
 
Join Date: Jul 2009
Location: Jackson, MS
Posts: 7,490
Total Cats: 373
Default

Quote:
Originally Posted by blaen99 View Post
And? If Obama gets Reagan's full 8 years, I will bet you $50 that we see Obama having better unemployment then what he came into office with Brainy.

You care to take that bet?
Using what metric? I'm interested in that bet. Assuming no action if Obama's defeated?
mgeoffriau is offline   Reply With Quote
Old 04-10-2012, 03:16 PM   #1769
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Quote:
Originally Posted by mgeoffriau View Post
Using what metric?
Propose a few metrics, Mg. I think Feb of 2009 would be our baseline (Obama took office ~20th of January, so that's the closest month), and I would think U6 would be the metric since it's what this thread is about.

Quote:
I'm interested in that bet. Assuming no action if Obama's defeated?
Yes.
blaen99 is offline   Reply With Quote
Old 04-10-2012, 03:20 PM   #1770
Crumple Zone Tester
iTrader: (6)
 
mgeoffriau's Avatar
 
Join Date: Jul 2009
Location: Jackson, MS
Posts: 7,490
Total Cats: 373
Default

Hmm, U6 huh? When's the next census?


EDIT: Not till 2020. Tempting.
mgeoffriau is offline   Reply With Quote
Old 04-10-2012, 03:21 PM   #1771
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Also, I propose Scrappy Jack judge the bet, if Scrappy's cool with that?
blaen99 is offline   Reply With Quote
Old 04-10-2012, 03:24 PM   #1772
Crumple Zone Tester
iTrader: (6)
 
mgeoffriau's Avatar
 
Join Date: Jul 2009
Location: Jackson, MS
Posts: 7,490
Total Cats: 373
Default

What's to judge?
mgeoffriau is offline   Reply With Quote
Old 04-10-2012, 03:29 PM   #1773
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Quote:
Originally Posted by mgeoffriau View Post
What's to judge?
If there's a dispute on numbers used, primarily. But as I think about it, I'm not certain how a dispute could come up.

I mean, we're using official numbers, right, and not Brainy's 19.1% U6?
blaen99 is offline   Reply With Quote
Old 04-10-2012, 04:08 PM   #1774
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

And you know what?

Anyone would be retarded to take this bet. I bothered to look up the numbers.

Obama's U6 is already lower than when he came into office.
blaen99 is offline   Reply With Quote
Old 04-10-2012, 04:09 PM   #1775
Crumple Zone Tester
iTrader: (6)
 
mgeoffriau's Avatar
 
Join Date: Jul 2009
Location: Jackson, MS
Posts: 7,490
Total Cats: 373
Default

You're right, let's use Scrappy's metric instead.
mgeoffriau is offline   Reply With Quote
Old 04-10-2012, 04:11 PM   #1776
Boost Czar

Thread Starter
iTrader: (60)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 70,179
Total Cats: 1,402
Default

lol
Braineack is offline   Reply With Quote
Old 04-10-2012, 04:11 PM   #1777
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Hey, Scrappy, you have a lot more detail/articles available on your metric?

I don't want to place a bet on something I have no focking clue about.
blaen99 is offline   Reply With Quote
Old 04-10-2012, 05:26 PM   #1778
Elite Member
iTrader: (2)
 
Join Date: Sep 2008
Location: Central Florida
Posts: 3,284
Total Cats: 177
Lightbulb

Quote:
Originally Posted by blaen99 View Post
Hey, Scrappy, you have a lot more detail/articles available on your metric?

I don't want to place a bet on something I have no focking clue about.
The link I posted above takes you to the Bureau of Labor Statistics and includes data downloadable in Excel format (but is down at the moment, likely due to updating). The definition of the Employment-Population Ratio is:

Quote:
The proportion of persons 16 years of age and older residing in the 50 States and the District of Columbia who are not inmates of institutions (for example, penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces that is employed.
I prefer this metric because you don't have to disect whether the unemployment rate percentage dropped because a lot more people found jobs or a lot more people "fell out of the workforce" or "gave up trying to find a job." It incorporates public and private sector employment (except for active duty Armed Forces).
Scrappy Jack is offline   Reply With Quote
Old 04-10-2012, 05:28 PM   #1779
Elite Member
iTrader: (6)
 
blaen99's Avatar
 
Join Date: Sep 2010
Location: Seattle, WA
Posts: 4,112
Total Cats: 28
Default

Quote:
Originally Posted by Scrappy Jack View Post
The link I posted above takes you to the Bureau of Labor Statistics and includes data downloadable in Excel format (but is down at the moment, likely due to updating). The definition of the Employment-Population Ratio is:



I prefer this metric because you don't have to disect whether the unemployment rate percentage dropped because a lot more people found jobs or a lot more people "fell out of the workforce" or "gave up trying to find a job." It incorporates public and private sector employment (except for active duty Armed Forces).
Okay. You've explained the good, now how about the bad parts of it? Alternatively, are you trying to say this covers it accurately, with no weird omissions or other problems?
blaen99 is offline   Reply With Quote
Old 04-10-2012, 05:47 PM   #1780
A living god
iTrader: (23)
 
viperormiata's Avatar
 
Join Date: Aug 2008
Location: Key West
Posts: 5,934
Total Cats: 222
Default

Santorum dropped out. Not posting a source because...well, you know
viperormiata is offline   Reply With Quote
 
 
Reply

Related Topics
Thread Thread Starter Forum Replies Last Post
Project Gemini - Turbo Civic on the Cheap Full_Tilt_Boogie Build Threads 53 12-07-2016 05:52 PM
OTS Bilstein to motorsports ASN conversion stoves Suspension, Brakes, Drivetrain 5 04-21-2016 04:00 PM
Going back to stock. Need some 1.6 parts. Trent WTB 2 10-01-2015 01:15 PM
Leaky Wilwoods mx592 Suspension, Brakes, Drivetrain 1 10-01-2015 01:45 AM


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 06:42 AM.