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Whenever Any Form of Government Becomes Destructive To These Ends,
It Is The Right of the People to Alter Or To Abolish It,
And To Institute New Government

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Saturday, June 04, 2016

Updated Abbott And Costello


FreeThinke's comment at at my blog yesterday — after the release of the horrible job numbers for May 2016:
ABBOTT and COSTELLO'S BRILLIANT EXPLANATION of a CRUCIAL ISSUE

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

ABBOTT: Good Subject. Terrible Times. It’s 5.6%.

COSTELLO: That many people are out of work?

ABBOTT: No, that’s 23%.

COSTELLO: You just said 5.6%.

ABBOTT: 5.6% Unemployed.

COSTELLO: Right 5.6% out of work.

ABBOTT: No, that’s 23%.

COSTELLO: Okay, so it’s 23% unemployed.

ABBOTT: No, that’s 5.6%.

COSTELLO: WAIT A MINUTE. Is it 5.6% or 23%?

ABBOTT: 5.6% are unemployed. 23% 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 ALL of them are 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 it gets to 5.6%. Otherwise it would be 23%.

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 people stop looking for work.

ABBOTT: Now you’re thinking like a Democrat.

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

ABBOTT: Now you’re thinking like Hillary!

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posted by Always On Watch at permanent link#

3 Comments:

Blogger Pastorius said...

I think this is very well done, and it makes a bitter subject somewhat funny.

HOWEVER, I believe it s missing a crucial point, which is this:

Once you are off the Unemployment roles, the government has no way of knowing if you are looking for work or not.

So, they count you as "not looking for work," and they create the fantasy that they have all these people enjoying a life of leisure, when in fact, many of them are going through desperate times.

Saturday, June 04, 2016 3:14:00 pm  
Blogger Always On Watch said...

This regime is all about creating illusions -- and delusions.

Saturday, June 04, 2016 5:35:00 pm  
Blogger Kid said...

:)

Sunday, June 05, 2016 2:48:00 am  

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