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Lost Bet on Unemployment

algae Wrote: Oct 08, 2012 5:26 PM
Old spam from 2009. Don't you libtrolls get new calendars? A suggestion, if I may. Every new year obtain a new calendar. That seems to work well.

On Friday, I lost a bet made in March of 2010 regarding unemployment. I bet that the unemployment rate would not dip below 8% before June 2015.

I crunched numbers many ways and simply decided there is no way the economy could possibly grow enough jobs. It didn't and still won't.

I posted this chart at the time.
 
At the height of the housing bubble, the economy only added 212,000 jobs a month. I figured we would not...

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