Posted on 05/06/2005 5:38:23 AM PDT by Koblenz
That's a lot of burgers. Funny, I didn't see 6 or 8 new McDonalds' go up in my neighborhood.
The Democrats will have more money to buy their weapon of choice in the arena of ideas: pies (yuk,yuk). That's about the only thing they have left...that and ad hominem attacks. It's not that Republicans always have great arguments or successes. One thing in their favor is that the Pie Party has nothing to offer the American people except old, stale, failed ideas and a large serving of bitterness.
Over 90% of this increase is due to the Birth/Death Model.
I don't believe that this just came from some formula. That would mean they are just making these numbers up. Are you saying that they have only made numbers up for this period (april)? How long have they been assuming jobs from a new formula? Of course "assuming" even that this birth death formula you speak of is real.
Are you suggesting I've falsified the U.S. Department of Labor Bureau of Labor Statistics homepage?
Might I interest you in a bridge in New York or perhaps some Florida wetlands?
That would mean they are just making these numbers up.
Its not lying if they tell you specifically how they are calcuating the numbers.
Well I apologize, but you seemed to be suggesting there was something to be skeptical about with these numbers. I think it's easy to tell that business and the markets were very excited about these numbers. Just look at the tittle of the stories.
Understand these numbers come from a model which imputes business births from business deaths and has very little to do with reality. Much like the way the BLS says having a mortgage is actually a source of personal income since you are renting it to yourself or they way they insist oil prices are not rising because the oil is "better" than it used to be or the way they calculate what it would have cost for you to buy the same computer 20 years ago and use that number to adjust your purchasing power.
And so on.
Well, that's a little over my head. But the markets clearly believe there is nothing to be skeptical about in this number. Right? I mean I would have heard something about this on TV if
it wasn't 100% legit?
With the price of hard commodities (steel and energy for instance) going up, I think that the rise in interest rates will only compound the problem.
Wal-Mart hiring again?
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