In response to:

The Real Trend for New Jobless Claims

wa_ray_ancel Wrote: Nov 07, 2012 8:39 PM
Republicans have been instructed to charge Obama with being a "socialist." Once the tables are turned and Republicans are charged with being "a bunch of socialists," these same card-carrying Republicans have been instructed to obfuscate the meaning of Socialism. Republicans now say "Show me ONE definition of Socialism in a reference book that says getting Social Security is the definition of Socialism?" or they strenuously deny that the 'redistribution' of wealth is socialism. All this obfuscation is intended to hide the fact that the Republican party has a slobbering love affair with their brand of socialism.
wa_ray_ancel Wrote: Nov 07, 2012 8:39 PM
Republican socialism is and has been their airline company bailout, their auto company bailouts, their NON-regulated bank bailouts, their "No Child Left Behind" program, their socialist Medicare Prescription scheme, their proclivity for farm subsidies, their federally REGULATED bank bailouts, their insurance company bailouts, their 'Faith-Based Initiatives', their ethanol mandates, their endless pork-barrel spending, their Wall Street investment firm bailout, their $85 billion AIG bailout; additionally, Republicans believe in social engineering in Iraq and nation building in foreign countries more than here in the good ole USA.
wa_ray_ancel Wrote: Nov 07, 2012 8:39 PM
And, yes, the Republican Medicare Prescription is a redistribution of wealth from the young to the old.
Lars795 Wrote: Nov 07, 2012 11:42 PM
We can solve it by mandating that children MUST take good care of their parents. No old folks homes, no letting them sit in filth, no keeping them prisoner. The parents took care of them, gave them everything for 18-25 years, have those children do the same.

What's wrong with using moving averages to assess trends in economic data? After all, it's a practice that is endorsed by the Federal Reserve.

That question arises today because of the WSJ's Josh Mitchell's analysis from last Friday, which suggests that initial jobless claims are trending down:

The number of Americans applying for unemployment insurance has fallen sharply since summer. The four-week moving average...

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