Aghast at the Latest Unemployment Projections March 17, 2010
Posted by geoff in News.trackback
Calculated Risk posted an excerpt from Geithner et al.’s testimony before Congress yesterday. Specifically, he posted a portion from the Joint Statement by Geithner, Orszag, and Romer dealing with the projected GDP and unemployment rate. The part that caught my eye was:
“The forecast projects that in the fourth quarter of 2011, the unemployment rate will be 8.9 percent, and that by the fourth quarter of 2012, it will be 7.9 percent.”
Make you wonder how it looks on The Chart, don’t it? Well, wonder no more:
Are you freaking kidding me? Do you see how high those numbers are, and how long they’re that high? And they actually have the temerity to tell the American people to suck it up for 2 more years while they pursue other legislation? No wonder they were getting drilled by the House Appropriations Committee. Oh sure, Geithner said it was “unacceptable,” but it’s been unacceptable for over a year now.
When is he going to give us an acceptable employment situation?
I wonder what that chart will look like if HCR goes though? And then Cap and Trade.
Thanks, Geoff.
Happy Green Beer Day, folks..
Yeah, so much for the HARD PIVOT. Although I can’t say I trust any government plan to increase employment. Just another handout.
I just wish they’d cut taxes and get the hell outta the way. Won’t happen tho.
…cut taxes and get the hell outta the way.
Yea, Kev. Exactly what I keep saying to myself too.
And quit scaring the money, would be nice too. Every time this jackass opens his mouth he’s making an enemy out of profit in some huge vital industry.
Hey now, jobs and salaries are moving up in the public sector.
…
shit.
Look how they’ve targeted Toyota, only because they are non-union. It’s so transparent.
Next car I buy will be another Toyota.
I’ve driven them for years and love them.
If someone gave me the choice of a Corolla with 50k miles or a new whatever GM’s compact (Aveo?) is and told me I had to drive it for 10 years and to choose the one I thought I would have to put less money into, I would take the Toyota.
Oh yeah.. we’ve got a Camry with a zillion miles on it, no headaches at all.
This is the new hedge bet, since the old hedge bet failed so spectacularly. Now, if things get even a smidgen better, they can crow about how much the stimulus “helped.”
This administration isn’t smart, but it sure is clever.
I’ll bet anyone here 10 Euros that unemployment remains at around 9% (government figures) for another eleven months.
Yep. Methinks attacks on Toyota are all political.
My mother has driven a Toyota Avalon for 10 years. She loves it so much that she won’t part with it. Previously she had a BMW and before that a Mercedes, but just try to pry that Avalon from her. . .
I am off topic I know. Sorry Geoff.
Zeke is 1 tomorrow! Happy birthday Zeke
http://www.flickr.com/photos/vmaximus/4441546259/
http://www.flickr.com/photos/vmaximus/4441551607/
http://www.flickr.com/photos/vmaximus/4441546259/
(Yes I am a imbecile, you knew that.)
Zeke is a handsome boy!
OK so I got my census form.
Which blanks am I required to fill out? I’ve seen all the memes about not having to indicate race. Is this accurate?
Zeke looks very regal reclining on the couch. Good dog.
Is this accurate?
No. Possible $100 fine for any blank or false answer.
I sent mine back in yesterday KC. As census forms go it was considerably less intrusive than prior ones. For race I checked “Other” and wrote in “American” in the space provided. If “Pakistani” is a legitimate “race” according to the federal gubbermint then so is “American”.
I checked “some other race” and wrote in “American”. That’s a truthful answer.
Here’s Mark Krikorian’s splanation over at NRO. An excerpt.
As Hans pointed out, 13 USC 221 says “Whoever . . . willfully gives any answer that is false, shall be fined not more than $500.” First of all, answering Question 9 by checking “Some other race” and writing in “American” is not false and therefore not a violation of the law.
“the government’s concept of “race” is simply gibberish, and I dare the Justice Department to try to defend it in court.”
Enas, agreed. I seem to remember census forms that were much longer than this one.
Guess I’ll see you and Dave in the gulag.
Speaking of Toyotas, it looks like the story of the guy who claims his accelerator stuck on the freeway is unraveling.
He said he stood on the brake pedal but it wouldn’t slow down. An inspection revealed normal wear and tear on the brake pads. No sign of panicked stoppage.
It will be just like “Hogan’s Heroes”! A wacky time will be had by all. Joe Biden will our Sgt. Shultz: I know nothing – NOTHING!
I wanna be Hogan.
He got all the babes.
…
course, he got murdered later too.
If the gas pedal is stuck, can’t you put the car in neutral on the fly?
Sure. Unless the shifter is somehow stuck–which I don’t recall hearing is a problem. I think that would be the first, and smartest, thing to do. Your next steps are as follows:
1. Pull over and stop (brakes should still work)
2. Turn off the engine
3. Call 1-800-LAWYERS
1-800-MICHAEL
…course, he got murdered later too.
Yea. Not pretty. And IIRC he didn’t like girls IYKWIM.
Dave, you SURE you wanna be Hogan?
No, Bob Crane liked the punanni. He just liked to do the “group thing” with his best running buddy, who IIRC, eventually killed him out of anger when Bob threatened to cut off his access to the type of women who were impressed by the celebrity of Bob Crane.
Dave, c’mon. You KNOW that you’re gonna be Schultz, right? Laura said so.
I blow nuzzing!
Bob Crane, no
Col. Hogan, yes.
Bob threatened to cut off his access to the type of women who were impressed by the celebrity of Bob Crane.
That’s gotta be one short, pathetic list.
Just sayin’
I want to be Richard Dawson. That way I get to host a game show on TV later and have all the women who come on the show kiss me even if they don’t want to.
What? The list of women impressed by the celebrity of Richard Dawson is even shorter than that for Bob Crane. But it’s still a hell of a lot longer than those impressed by the celebrity of Enas Yorl.
cpl NEWKIRK didnt kiss Arnold in RUNNING MAN
(Dawson was really good in that show.)
Yeah, but at least Bob Crane was murdered. Didn’t Dawson take his own life?
Autofocus ( the film about Bob Crane) was a truly disturbing movie. He seemed like an average guy who got sucked into a whole bunch of weirdness by his “friend” who basically used him for his access to hot women.
Sadly, Bob seemed like a decent guy. His buddy was the freak. But Bob is always laughed at as having been a freak.
Didn’t Dawson take his own life?
That was Ray Combs. Richard Dawson is (as of my writing this comment) still alive.
http://www.deadoraliveinfo.com/dead.nsf/dnames-nf/Dawson+Richard
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