In response to:

The Obama Index: The Newest Index to Measure Our Despair

Cynical Mike Wrote: Sep 08, 2012 9:51 AM
I hear some libs explaining away the large numbers of people leaving the workforce by saying that record numbers of baby boomers are retiring. It needs to be made crystal clear that this number does NOT include retirees; rather, it is the number of people INVOLUNTARILY leaving the workforce. I'd love for Mr. Ransom be one of those trumpeting the truth in this matter.
DoctorRoy Wrote: Sep 08, 2012 9:56 AM
All that number means is that they can't draw unemployment anymore. It doesn't mean they have permanently left the workforce.
Lance852 Wrote: Sep 08, 2012 10:01 AM
Really Roy? You know each and everyone of their stories?
DoctorRoy Wrote: Sep 08, 2012 10:06 AM
Well most of the ones I know are working for cash under the table.
Lance852 Wrote: Sep 08, 2012 10:57 AM
"most of the ones I know" is not a sound statistical methodology.

And, if they're getting cash, it means they too know how bad they're punished in taxes.
DoctorRoy Wrote: Sep 08, 2012 11:16 AM
I didn't say it was sound statistical methodology. And no it just means they are just trying to get by the best way they know how.
bobbit Wrote: Sep 08, 2012 12:51 PM
Correct dumkopf. However the government is the one counting them as leaving the workforce therefore reducing the unemployment rate and misrepresenting how bad things are under Obama!

I might also add that if in this economy if you can't find work you have in essence left the workforce.

Egads you libs are a stupid bunch.
DoctorRoy Wrote: Sep 08, 2012 4:36 PM
Easy bobbit you might give me a complex.

To give you an idea how bad the jobs report released on Friday is, consider this fact: The employment situation in the country is so bad that economists can’t accurately measure it with the existing tools they use to measure jobs. In other words, we have entered a period in our country not contemplated by economists. They simply don’t have the tools to measure what’s actually occurring in the jobs market.

Modern economists never imagined a scenario in which a country with as much wealth, power and innovation as United States could stretch out a jobs recession as long as...

Related Tags: Obama