Unemployment Set to Explode

Townhall.com ^ | October 13, 2012 | Political Calculations

[treetopsandroofs]

“Unemployment Set to Explode”

Only if Mitt wins.

The Hussein Heads will be emboldened by their current manipulations to pay America back once again for electing the “wrong man”.

[Ann Archy]

you dumba**es in California, you just keep voting for Democrats and you’ll WISH you had fallen into the sea.

[MacMattico]

Obama is trying to keep all of the proverbial shit from hitting the fan until November 7th. On Benghazi, the economy, Fast and Furious, etc and then if he wins we'll have Hugo Chavez in office who could care less what he's accused of creating. They'll be 4 more years of golf, executive orders and vacations.

[samtheman]

I’m skeptical about this correlation. First of all, if you look closely at the graph it doesn’t look all that correlated. Secondly, there are so many factors involved in unemployment that comparing it to any single other variable has to introduce the chance of a certain amount of coincidence in any correlation that you do think you see.

Bottom line: kill Obamacare and watch employers start hiring again, regardless of the price of gas.

[cicero2k]

I’m not skeptical. Cheap energy has been the underlying factor in our economic booms for the past 200 yaers. It’s not different this time. Cheap energy is a psychological gift that allows us to make spending decisions.

[cicero2k]

I’m not skeptical. Cheap energy has been the underlying factor in our economic booms for the past 200 yaers. It’s not different this time. Cheap energy is a psychological gift that allows us to make spending decisions.

[Mr. K]

"First of all, if you look closely at the graph it doesn’t look all that correlated"

huh? which graph are you looking at? This is an incredible correlation

[Lorianne]

Exactly right. Peak oil was misnamed. It should have been titled peak CHEAP oil ... ditto any other form of energy you care to name. If it is not cheap to capture, it’s going to be a problem for our economy as currently structured.

[sefarkas]

A surge in fossil fuel prices also encourages development of marginal recovery projects. Low interest rates, shale recovery, and high gasoline prices will combine to boost spending and employment to take advantage of the spread between oil recovery costs (shale) and the high price for refined products like gasoline. Money spent on gasoline instead of whatever does not disappear. Why is it bad to spend money at the Chevron station instead of Safeway? Economic growth is about finding something relatively worthless, processing it, and selling it in a useful form.

[newnhdad]

They just need to keep jimmying the numbers until December when it will no longer matter.

[sefarkas]

First, they do not tell you the source of gasoline price data. National average? Who pays the national average? Employment is also quite regional in America. Even with the two year shift in the plot, the correlation is hardly perfect. Note that correlation is not cause. GDP is a function of many variables, lagged or not. It is difficult to represent the largest economy on Earth with a two dimensional graph/model.

[Two-Bits]

you dumba**es in California, you just keep voting for Democrats and you’ll WISH you had fallen into the sea.

I am a "You" and I do live in California, has never voted for a demorat nor do I wish to fall into the sea, but as to a "dumba**, I am not.

Were you aware that Free Republic originates in California started by your termination, dumba**es or are you simply too much of a "smarta**" to know this.

[sport]

Oh, should Romney win, the unempolyment numbers will be in the news again come January. And they will be the actual numbers also. And there will be a member of the propganda ministry ,a/k/a the mainstream media , staking out every gas pump railing about the high gas prices are all Romney's fault.

Since they found this stuff worked on President Bush, expect a double dose daily for four years daily once Romney is sworn in.

[Right Brother]

Why is it bad to spend money at the Chevron station instead of Safeway?

Uh...because high fuel costs drive the prices up at Safeway too?

[SunkenCiv]

NObama Countdown Clock

[SunkenCiv]

Thanks Kaslin.

[usconservative]

you dumba**es in California, you just keep voting for Democrats and you’ll WISH you had fallen into the sea.

Wow. I couldn't have said that better myself!

Now, can we do something about the moron's in Illinois that keep voting Democrat? I'm for shipping them to California or better yet, just cutting Chicago off from the rest of the state and letting it sink into the middle of lake Michigan.

[Ann Archy]

Unless you voted DEMOCRAT it didn;t apply to you, *******....OMG!!

[tomkat]

.. which just clocked in at its lowest level since early 2009

<gasping>