Unemployment explained?

[PRBuzz]

COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's 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 are out of work you are unemployed.

ABBOTT: No, Obama said you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.

COSTELLO: BUT THEY ARE OUT OF WORK!!!

ABBOTT: No, you miss his 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 are ALL out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are 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 just goes down because you don't look for work?

ABBOTT: Absolutely it goes down. That's how Obama gets it to 9%. Otherwise it would be 16%. He doesn't want you to read about 16% unemployment.

COSTELLO: That would be tough on his reelection.

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 have Obama's supporters stop looking for work.

ABBOTT: Now you're thinking like the Obama Economy Czar.

COSTELLO: I don't even know what the hell I just said!

ABBOTT: Now you're thinking like Obama.

[Jackbass]

Lol
Posted from my iPhone/Mobile device

[Raider Ronnie]

Sad but true !
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[Bronko]

Spot on

[buckman]

99 weeks of unemployment run out.... Your no longer considered unemployed
Presto the unemployment rate drops
What a brilliant scam
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[Raider Ronnie]

I believe we have been averaging about 300k jobs created for each jobs report numbers.
Same jobs report periods we have been averaging 320k new members to the welfare system.
Another factor in the scam.
Unemployment is more like over 15% if the facts are told true.
But no such word as true in the liberal media vocabulary.



QUOTE=buckman;964305]99 weeks of unemployment run out.... Your no longer considered unemployed
Presto the unemployment rate drops
What a brilliant scam
Posted from my iPhone/Mobile device[/QUOTE]
Posted from my iPhone/Mobile device

[tysdad115]

Awesome Phil.

[RIJIMMY]

damn that was funny