11-06-2012, 01:59 AM
The truly jaded who understand this will believe that the informed strategy by conservative economic strategists in 2008 and 2010 was to fight the Stimulus in order to achieve the even higher unemployment promised by deflation and depression. They were successful in doing so in 2010 but "the damage was done" and the economy was already in recovery by then, albeit a slow one. But this kind of explanation, while rational and reasonable, is tantamount to playing chess using strategies three and four moves ahead. Not many people can follow these kinds of abstractions. One thing is for certain in this race for Presidential and Congressional power, the campaigns shed little if any light on real issues. That is just not where most Americans' heads are. If some sort of sex scandal isn't involved we just don't know what to think.
I did note over the weekend Jack Welch was silent after last month insisting the September jobs report was wrong and would be revised downward. But accuracy in bean counting is surprisingly not a strength in the Romney campaign. While Romney continues to claim 23 million people unemployed the Bureau of Labor Statistics (http://www.bls.gov/news.release/pdf/empsit.pdf) shows about half that number to be true at 12.3 million. This data of course is the official U3 number, and as sophisticated as Romney is I'm certain he would never confuse U3 and U6 data or misrepresent comparisons between the two. LOL.
Can't wait to get back to the Sham Wow and Viagra commercials on TV. As bad as those are they certainly represent a cut above what we're been seeing the past several weeks.
I did note over the weekend Jack Welch was silent after last month insisting the September jobs report was wrong and would be revised downward. But accuracy in bean counting is surprisingly not a strength in the Romney campaign. While Romney continues to claim 23 million people unemployed the Bureau of Labor Statistics (http://www.bls.gov/news.release/pdf/empsit.pdf) shows about half that number to be true at 12.3 million. This data of course is the official U3 number, and as sophisticated as Romney is I'm certain he would never confuse U3 and U6 data or misrepresent comparisons between the two. LOL.
Can't wait to get back to the Sham Wow and Viagra commercials on TV. As bad as those are they certainly represent a cut above what we're been seeing the past several weeks.