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Abbott and Costello on Obama's job numbers

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Sandhusker

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ABBOTT AND COSTELLO EXPLAIN OBAMA'S UNEMPLOYMENT FIGURES

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COSTELLO: I want to talk about the unemployment rate in America.

... ... ABBOTT: Good subject. Terrible times. It's about 9%.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 16%.

COSTELLO: You just said 9%.

ABBOTT: 9% unemployed.

COSTELLO: Right: 9% out of work.

ABBOTT: No, that's 16%.

COSTELLO: Okay, so it's 16% unemployed.

ABBOTT: No, that's 9%.

COSTELLO: WAIT A MINUTE. Is it 9% or 16%?

ABBOTT: 9% are unemployed. 16% are out of work.

COSTELLO: If you're out of work you're unemployed.

ABBOTT: No, you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.

COSTELLO: But ... they're out of work!

ABBOTT: No, you miss my 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 they're ALL out of work.

ABBOTT: No, the unemployed are actively looking for work... Those who are out of work stopped looking. They gave up. If you give up, you're no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment roles, that would count as less unemployment?

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment goes down just because you don't look for work?

ABBOTT: Absolutely it goes down. That's how you get to 9%. Otherwise it would be 16%. You don't want to read about 16% unemployment do ya?

COSTELLO: That would be frightening.

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 just stop looking for work.

ABBOTT: Now you're thinking like an economist.

COSTELLO: I don't even know what the hell I just said!

And now you know why Pres Obama's unemployment figures are improving.
 

Tam

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How can Obama run on this record


Before he took office
Now
Change

Number of Unemployed
Before ---12.0 Million
Now------ 13.1 Million
Change ----+9%

Long-Term Unemployed
before -----2.7 Million
now ------- 5.6 Million
change---- +107%

Unemployment Rate
before------ 7.8%
now -------- 8.5%
change----- +9%

“High Unemployment” States
before ------ 22
now --------43
change------+95%

Misery Index
before ----- 7.83
now ------ 11.46
change------ +46%

Price of Gas
before-----$1.85
now -------$3.39
change---- +83%

“Typical” Monthly Family Food Cost
before -------$974
now --------$1,013
change ------- +4%

Median Value of Single-Family Home
before----- $196,600
now -------- $169,100
change ----------14%

Rate of Mortgage Delinquencies
before -------- 6.62%
now --------- 10.23%
change -------+55%

U.S. National Debt
before ------ $10.6 Trillion
now --------- $15.2 Trillion
change ------- +43%

Fast and Furious
Obamacare
Dodd Frank
Infringing on Religious rights
XL Pipeline
Solyndra
AIG bailout that protected executive bonuses
Lobbyists, radicals and tax cheats appointed to Administration
A Supreme court Judge Appointee lieing to Congress to get confirmed.
Scolding the SCOTUS on Campaign donation ruling then encourages his aides to start a Super PAC for him.
Lies about the SCOTUS ruling opening the door to foreign campaign donations then gets caught taking $200,000 from a Mexican fugitive and his buddies.
Countless EXPENSIVE vacations on the tax payer dime.

Can anyone else add to the list of why Obama doesn't deserve another four years?
 

TSR

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You guys told the Republican candidates about these things???? :shock:
 

Tam

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TSR said:
You guys told the Republican candidates about these things???? :shock:


Anyone not drinking the Obama koolaid and buying his crap campaign speeches everyday is smart enough to know what the fool has been doing for the last three years. :roll:

Oh I forgot a couple

Promoting racism
Promoting Class Warfare
Promotes violence when it comes to his enemies the REPUBLICANS
Being the only President that caused a down grade in the US Credit rating
Bows to foreign leaders and even a few governors
Takes a foreign country's side against a US State and it's citizens
embarrasses the US by presenting cheap walmart presents to the Queen
Embarrasses the US by returning a gift given by the leader of an Allie
Goes on an apology tour
Enters into a NON war WAR without official Congressional approval
Appoints recess appointment while Congress is still IN SESSION.
Promised the most transparent administration in history BUT seals record after record so the Congress/voters don't know what he is REALLY UP TO.
EXPENSIVE secret parties at the White House
Record amount of Golf games while the Economy tanks.

Shall I go on TSR :wink:

Oh don't forget him on late night tv laughing it up and making fun of handicapped children, that showed REAL class. :roll:
 

Larrry

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Tam said:
TSR said:
You guys told the Republican candidates about these things???? :shock:


Anyone not drinking the Obama koolaid and buying his crap campaign speeches everyday is smart enough to know what the fool has been doing for the last three years. :roll:

Oh I forgot a couple

Promoting racism
Promoting Class Warfare
Promotes violence when it comes to his enemies the REPUBLICANS
Being the only President that caused a down grade in the US Credit rating
Bows to foreign leaders and even a few governors
Takes a foreign country's side against a US State and it's citizens
embarrasses the US by presenting cheap walmart presents to the Queen
Embarrasses the US by returning a gift given by the leader of an Allie
Goes on an apology tour
Enters into a NON war WAR without official Congressional approval
Appoints recess appointment while Congress is still IN SESSION.
Promised the most transparent administration in history BUT seals record after record so the Congress/voters don't know what he is REALLY UP TO.
EXPENSIVE secret parties at the White House
Record amount of Golf games while the Economy tanks.

Shall I go on TSR :wink:

Oh don't forget him on late night tv laughing it up and making fun of handicapped children, that showed REAL class. :roll:

Only a fool would try and defend obama of all those things he did.
 

jrdavis

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LIEberals are Low class, Reality-blind losers who ignore reality
 

TSR

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Nobody's defending anything as I have said many times I wish a viable 3rd Party candidate would appear. Back to the point, I've been watching the GOP candidates on TV and their response to the drop in unemployment has generally been---"That's good news I hope the trend continues". Of course they always attribute the drop to something other than the President's policies. I would to if I was running against him.
 

Sandhusker

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TSR said:
Nobody's defending anything as I have said many times I wish a viable 3rd Party candidate would appear. Back to the point, I've been watching the GOP candidates on TV and their response to the drop in unemployment has generally been---"That's good news I hope the trend continues". Of course they always attribute the drop to something other than the President's policies. I would to if I was running against him.

That's because the president's policies have NOT dropped unemployment.
 
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