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jwhop
Knowflake

Posts: 5369
From: Madeira Beach, FL USA
Registered: Apr 2009

posted July 10, 2012 08:09 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote

Source: Bureau of Labor Statistics

Business
This Graph Says an Awful Lot About the So-Called ‘Recovery’
Posted on July 9, 2012

Lately, we’ve heard a lot about “the recovery” and lot of arguing over who’s to blame for its supposed slowdown. But before we got too bogged down in who’s responsible for retarding economic growth, maybe we should first look at the data.

Without one word of explanation, Harvard University econ professor Greg Mankiw posted the following graph to his blog:

Source: Bureau of Labor Statistics

As you can see, the shaded area indicates the recession and everything to the right of that is the so-called “recovery.”

Huh.

So, was this what the White House meant when it said we’re moving in the right direction or should we just not read too much into the data?
http://www.theblaze.com/stories/this-graph-says-an-awful-lot-about-the-so-called-recovery/

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Ami Anne
Moderator

Posts: 34188
From: Pluto/house next to NickiG
Registered: Sep 2010

posted July 10, 2012 08:21 AM     Click Here to See the Profile for Ami Anne     Edit/Delete Message   Reply w/Quote
Attention AG
Here are some statistics I trust. The reason is that I trust the mental clarity of the person putting them up. I trust the discernment of that person.I cannot ooh and aah over statistics when the bearer seems confused about what is happening right under his nose. You seem that way to me, AG.

------------------
Passion, Lust, Desire. Check out my journal


http://www.mychristianpsychic.com/

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doommlord
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Posts: 567
From: israel
Registered: Dec 2011

posted July 10, 2012 08:22 AM     Click Here to See the Profile for doommlord     Edit/Delete Message   Reply w/Quote
welcome jwhop...to the united states of china :P

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jwhop
Knowflake

Posts: 5369
From: Madeira Beach, FL USA
Registered: Apr 2009

posted July 10, 2012 08:37 AM     Click Here to See the Profile for jwhop     Edit/Delete Message   Reply w/Quote
Thanks Ami.

"welcome jwhop...to the united states of china"...doommlord

Now all we have to do is find O'Bomber's Tiananmen Square so we can stage a proper protest.

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Randall
Webmaster

Posts: 19717
From: Saturn next to Charmainec
Registered: Apr 2009

posted July 10, 2012 10:54 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Yeah, let's not read too much into the data.

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AcousticGod
Knowflake

Posts: 6243
From: Pleasanton, CA
Registered: Apr 2009

posted July 10, 2012 12:12 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message   Reply w/Quote
Attention Ami,

Those statistics come straight from the government, a source you just said yesterday that you didn't trust. As for your statement about mental clarity, that's been disproven over and over again over several years here. Your own mental clarity is questionable at best considering your inability to talk politics.

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AcousticGod
Knowflake

Posts: 6243
From: Pleasanton, CA
Registered: Apr 2009

posted July 10, 2012 12:24 PM     Click Here to See the Profile for AcousticGod     Edit/Delete Message   Reply w/Quote
Jwhop,

I don't understand the big smile. Is that smile to show your approval of the state of the economy? I didn't think so. Happy to get another opportunity to try to frame the President poorly? I thought so.

I believe the White House is saying that we're moving in the right direction, because the opposite direction would be LOSING jobs, and the economy not growing at all or worse.

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Ami Anne
Moderator

Posts: 34188
From: Pluto/house next to NickiG
Registered: Sep 2010

posted July 10, 2012 12:31 PM     Click Here to See the Profile for Ami Anne     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by AcousticGod:
Attention Ami,

Those statistics come straight from the government, a source you just said yesterday that you didn't trust. As for your statement about mental clarity, that's been disproven over and over again over several years here. Your own mental clarity is questionable at best considering your inability to talk politics.


I don't trust your thinking, AG, if you are a liberal lol

------------------
Passion, Lust, Desire. Check out my journal


http://www.mychristianpsychic.com/

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katatonic
Knowflake

Posts: 8329
From:
Registered: Apr 2009

posted July 10, 2012 01:31 PM     Click Here to See the Profile for katatonic     Edit/Delete Message   Reply w/Quote
no one notices what the graph shows? that a recovery was under way until the glorious "sweep" the republicans still crow about in 2010, when it faltered and staggered?

or that the worst tumble was during and directly after bush's tenure?

or that the title of the graph is "civilian employment/population ratio"? what does that mean? that there were only ever 63% civilians in the workforce? as in non-armed forces??

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