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Subject: The Spin


Abbot and Costello COSTELLO: I want to talk about the unemployment rate in America.
ABBOTT: Good subject. Terrible times. It's about 9%.
COSTELLO: That many people are out of work?
ABBOTT: No, that's 16%.
COSTELLO: You just said 9%.
ABBOTT: 9% unemployed.
COSTELLO: Right: 9% out of work.
ABBOTT: No, that's 16%.
COSTELLO: Okay, so it's 16% unemployed.
ABBOTT: No, that's 9%.
COSTELLO: WAIT A MINUTE. Is it 9% or 16%?
ABBOTT: 9% are unemployed. 16% are out of work.
COSTELLO: If you're out of work you're unemployed.
ABBOTT: No, you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.
COSTELLO: But ... they're out of work!
ABBOTT: No, you miss my 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're ALL out of work.
ABBOTT: No, the unemployed are actively looking for work... Those who are out of work stopped looking. They gave up. If you give up, you're no longer in the ranks of the unemployed.
COSTELLO: So if you're off the unemployment roles, that would count as less unemployment?
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment goes down just because you don't look for work?
ABBOTT: Absolutely it goes down. That's how you get to 9%. Otherwise it would be
16%. You don't want to read about 16% unemployment do ya?
COSTELLO: That would be frightening.
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 just stop looking for work.
ABBOTT: Now you're thinking like an economist.
COSTELLO: I don't even know what the heck I just said!
And now you know why Obama's unemployment figures are improving.
 

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Outstanding!!!!!!!!! That ought to be a comercial!!!!!!!
 

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Good one.
 

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By golly, Jimbo44, I do believe you're onto something!

Seriously.
 

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Add in those working part time jobs now just to keep even, and those with fewer earnings that they made in 2008 and those numbers make everything look even worse. Want a cherry on that sundae? Factor in the value of the dollar, cost of living, or price of consumables to include food and gas...
 

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More sad than funny. but still funny. :thumb:
 
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