[Rushtalk] The unemployment rate

John A. Quayle blueoval57 at verizon.net
Wed Feb 25 17:10:27 MST 2015


At 04:06 PM 2/25/2015, Steven Laib wrote:
>This is brilliantly done. Any clue as to where it originated?

         None whatsoever, Steve.............sorry!

>
>SDL
>
>From: John A. Quayle <blueoval57 at verizon.net>
>To: Rushtalk <rushtalk at csdco.com>
>Sent: Wednesday, February 25, 2015 2:39 PM
>Subject: [Rushtalk] The unemployment rate
>
>
>It takes a comedy team to explain what's going on in the country.
>Unemployment Explained
>cid:X.MA1.1423364974 at aol.com
>
>
>
>
>COSTELLO:
>I want to talk about the unemployment rate in America.
>
>ABBOTT:
>Good Subject.  Terrible Times. It's 7.8%.
>
>COSTELLO:
>That many people are out of work?
>
>ABBOTT:
>No, that's 14.7%.
>
>COSTELLO:
>You just said 7.8%.
>
>ABBOTT:
>7.8% Unemployed.
>
>COSTELLO:
>Right 7.8% out of work.
>
>ABBOTT:
>No, that's 14.7%.
>
>COSTELLO:
>Okay, so it's 14.7% unemployed.
>
>ABBOTT:
>No, that's 7.8%.
>
>COSTELLO:
>WAIT A MINUTE. Is it 7.8% or 14.7%?
>
>ABBOTT:
>7.8% are unemployed. 14.7% are out of work.
>
>COSTELLO:
>If you are out of work you are unemployed.
>
>ABBOTT:
>No, Congress 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 rolls 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 they get it to 7.8%. Otherwise 
>it would be
>14.7%.  Our govt. doesn't want you to read about 14.7% unemployment.
>
>COSTELLO:
>That would be tough on those running for 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 people stop looking for work.
>
>ABBOTT:
>Now you're thinking like an Economist.
>
>COSTELLO:
>I don't even know what I just said!
>
>ABBOTT:
>Now you're thinking like Congress.
>   ________________________________________________________
>
>
>
>
>_______________________________________________
>Rushtalk mailing list
><mailto:Rushtalk at csdco.com>Rushtalk at csdco.com
>http://kalos.csdco.com/mailman/listinfo/rushtalk
>
>
>
>
>_______________________________________________
>Rushtalk mailing list
>Rushtalk at csdco.com
>http://kalos.csdco.com/mailman/listinfo/rushtalk
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://kalos.csdco.com/pipermail/rushtalk/attachments/20150225/732c47f2/attachment-0001.html 
-------------- next part --------------
A non-text attachment was scrubbed...
Name: 2a0213.jpg
Type: application/octet-stream
Size: 44037 bytes
Desc: not available
Url : http://kalos.csdco.com/pipermail/rushtalk/attachments/20150225/732c47f2/attachment-0001.obj 


More information about the Rushtalk mailing list