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Old 08-23-2012, 09:08 AM  
Direckshun Direckshun is offline
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The "Beveridge Curve" predicts unemployment to recover by 2014.
I've never heard of the Beveridge Curve before, but here:



You can read about it more here, by Timothy Taylor.

Taylor writes that the Curve offers several insights to the current scenario:
  • Job openings are increasing, but the unemployment rate is not.
  • There are threey key reasons for this: "a mismatch between the skills of unemployed workers and the available jobs; incentives from extended unemployment insurance that have slowed the incentive to take available jobs; and heightened uncertainty over the future course of the economy and economic policy"
  • These three factors have a historical tendency of correcting themselves over time.
  • By early 2014, the curve will have righted itself, and unemployment will drop like a rock.
Well, here's hoping.
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Old 08-23-2012, 05:45 PM   #91
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Originally Posted by Donger View Post
No, it was leap of faith. You just happened to make a good guess.
Oh please. If Iowanian had made his implication any louder, we'd be deaf.
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Old 08-23-2012, 05:49 PM   #92
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You do know that Obama (and his DOE lead) have expressed being just fine and dandy with us having high gasoline prices, yes?
I don't see how that's relevant to anything.

And you'll have to define "fine and dandy." I assume you mean 100% fine with rising gas prices in their current trajectory, without reservation?
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Old 08-23-2012, 05:59 PM   #93
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Could the stimulus have been too big or, in your political religion, is bigger always better?
?
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Old 08-23-2012, 06:04 PM   #94
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?
I'm sure it could get too big.

I would have made the stimulus package about $1 trillion based off what I was reading at the time, if I were emperor of the universe.

I think going radically far from that either way would either be too little, or too much.
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Old 08-23-2012, 06:11 PM   #95
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Originally Posted by Direckshun View Post
There have been a lot of hilariously dumb things said in this thread, but this is near the top.
So Obama is an idiot then?

He's either an idiot that has no idea what he's doing, or he's doing exactly what he meant to. You can't have it both ways...
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Old 08-23-2012, 06:13 PM   #96
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So Obama is an idiot then?

He's either an idiot that has no idea what he's doing, or he's doing exactly what he meant to. You can't have it both ways...
Keep on keepin' on, brother.
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Old 08-23-2012, 06:32 PM   #97
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Keep on keepin' on, brother.
Good dodge.
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Old 08-23-2012, 07:02 PM   #98
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Originally Posted by Bewbies View Post
Good dodge.
You ever heard of the phrase "false dichotomy"?
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Old 08-23-2012, 07:34 PM   #99
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Originally Posted by Direckshun View Post
What metric are you using? What measurements are you relying on? Do you have any legitimate economists or experts what come within the same hemisphere as you on this?
A very simple one; 5 trillion dollars in new debt; you act like we'll never have to face that.
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Old 08-23-2012, 07:34 PM   #100
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Originally Posted by Bewbies View Post
So Obama is an idiot then?

He's either an idiot that has no idea what he's doing, or he's doing exactly what he meant to. You can't have it both ways...
Don't be too sure; Bush was both a absolute idiot and evil genius who planned 911, so....
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Old 08-23-2012, 07:39 PM
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Old 08-23-2012, 07:43 PM   #101
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Don't be too sure; Bush was both a absolute idiot and evil genius who planned 911, so....


I struggle to understand the liberal mind...
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Old 08-23-2012, 07:44 PM   #102
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I struggle to understand the liberal mind...
Have you ever heard of the phrase "false dichotomy."
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Old 08-23-2012, 07:45 PM   #103
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Originally Posted by Direckshun View Post
You ever heard of the phrase "false dichotomy"?
So that's what you call Obama either doing what he wants or not knowing what he's doing?

I guess I left out the part where Republicans, especially while powerless, have impeded his every desire...
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Old 08-23-2012, 07:45 PM   #104
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Originally Posted by Direckshun View Post
Have you ever heard of the phrase "false dichotomy."
Have you ever heard of the phrase Q?
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Old 08-23-2012, 07:46 PM   #105
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A very simple one; 5 trillion dollars in new debt; you act like we'll never have to face that.
Just to be certain, you are arguing that the economy is worse now than it was during the recession in 2009, right?

That's what you're arguing?
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