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(New York Magazine)   Guy who complained that unemployment numbers were rigged sets out to prove his point   (nymag.com) divider line 25
    More: Ironic, Reuters, Harvard Business Review, conspiracy, unemployment  
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8430 clicks; posted to Politics » on 09 Oct 2012 at 9:14 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest


Archived thread
2012-10-09 06:26:05 PM
4 votes:
Reuters should have specified that they wanted opinion based in fact.
2012-10-09 06:25:05 PM
4 votes:
Jobs numbers bad for Obama = Gospel

Jobs numbers good for Obama = Conspiracy
2012-10-10 12:18:34 AM
3 votes:
"these numbers don't smell right when you think about where the economy is right now."

Conservatism in a nutshell... "The numbers don't jibe with the hinky baseless feeling way up in the crevices of my asshole that I very much want to believe... Clearly, it's the numbers that are full of shiat, and I will never ever believe them no matter what. I will continue to look way up in the crevices of my asshole for my knowledge."
2012-10-09 06:44:38 PM
3 votes:

fusillade762: Jobs numbers bad for Obama = Gospel

Jobs numbers good for Obama = Conspiracy


Good polls for Obama = conspiracy

Good polls for Romney = gospel

...I think I'm beginning to detect a pattern, here
2012-10-10 02:14:04 PM
2 votes:

benjordan: I think it's worth noting that the NFP report is one of the most manipulated numbers out there - it really shouldn't be taken as a gospel number at all. For one, the sample size is relatively small (about 2.5 million emplyees as I recall) but even after that it's significantly adjusted for seasonality, births and deaths and a variety of other factors that the BLS doesn't really explain. It used to be that there was an actual real employment number metric that came out the wednesday before the NFP : the ADP jobs report. However people complained that their number didn't match the BLS, so they started adjusting theirs as well.


Here we go again.
#1. You apparently have no idea what a good sample size even is.
#2. You don't even attempt to look up what is.
#3. Completely unsubstantiated claim of number manipulation.
#4. "2.5 million as I recall". GOOGLE IT FOR CRYING THE FARK ALOUD YOU LAZY TWAT, YOU TYPED THIS ON A COMPUTER WITH INTERNET SERVICE.
#5. Adjusted for factors that the BLS doesn't really explain.....YES THEY DO YOU LAZY TWAT.

And you people wonder why you are laughed at and never taken seriously by anyone but your echo chamber occupants? Seriously, look the stuff up.
2012-10-10 12:55:06 AM
2 votes:
I think Jack Welch is our best living embodiment of the phrase "pig-eyed sack of shiat."

/I'd piss on a spark plug if it was in Jack Welch's mouth.
2012-10-09 09:33:32 PM
2 votes:
Did he get a job offer from Fox News, or what?
2012-10-09 09:23:35 PM
2 votes:
I know well about "Neutron Jack" and unemployment.

Growing up under the shadow of constant GE layoffs gave me a ... cynical outlook on American economic life. I've only just recently started to realize that inexorable economic decline and decay isn't the future.
2012-10-09 07:43:50 PM
2 votes:
So he can dish it but can't take it? I am Jack's complete lack of surprise.
2012-10-09 06:14:36 PM
2 votes:

Kanemano: Why would you ever hire a guy nicknamed "chainsaw" in the first place.


Especially when Dave is the smart one.

www.kickseat.com
2012-10-10 03:52:03 PM
1 votes:

Sm3agol85: benjordan: I think it's worth noting that the NFP report is one of the most manipulated numbers out there - it really shouldn't be taken as a gospel number at all. For one, the sample size is relatively small (about 2.5 million emplyees as I recall) but even after that it's significantly adjusted for seasonality, births and deaths and a variety of other factors that the BLS doesn't really explain. It used to be that there was an actual real employment number metric that came out the wednesday before the NFP : the ADP jobs report. However people complained that their number didn't match the BLS, so they started adjusting theirs as well.

Here we go again.
#1. You apparently have no idea what a good sample size even is.
#2. You don't even attempt to look up what is.
#3. Completely unsubstantiated claim of number manipulation.
#4. "2.5 million as I recall". GOOGLE IT FOR CRYING THE FARK ALOUD YOU LAZY TWAT, YOU TYPED THIS ON A COMPUTER WITH INTERNET SERVICE.
#5. Adjusted for factors that the BLS doesn't really explain.....YES THEY DO YOU LAZY TWAT.

And you people wonder why you are laughed at and never taken seriously by anyone but your echo chamber occupants? Seriously, look the stuff up.


THESE

This man knows nothing of statistics, but claims to know more than the Bureau of Labor STATISTICS
If you go to the BLS website the PDF is right on the main page as is
2012-10-10 10:22:36 AM
1 votes:

coeyagi: mrshowrules: urbangirl: RolandGunner: So when faced with unusually low unemployment numbers in 2003, Obama's economic adviser Austan Goolsbee claimed "the government cooked the books".

OUTRAGE!!!

Wrong then, wrong now.
Next.

Plus the quote was a lie. He quoted the author's opinion instead of what Goolsbee said.

Not sure about that. The bracketed text, as claimed by the article writer, was from Goolsbee in 2003. Of course, it's not sourced at all, so it's up to us to decide if:

-the quoted text is from Goolsbee as claimed but not sourced.
-the author is a piece of sh*t liar

Given the outlet, probably the latter


there is a part in quotes "" and right after it the author says (not in quotes) "in other words....". Clearly it is the author proposing/paraphrasing that Goolsbee is suggesting the books were cooked. Which is false. What the author is doing is misleading even assuming it was sources properly. What Roland Gunner is doing is a complete lie by falsely assigning a quote to someone.

To say the U3 number was cooked is a stupid, pathetic, damaging lie equivalent to birfer/truther nonsense.

To say the U3 (the official unemployment number) is not the best indicator of the true situation of unemployment in the US is completely valid. When Republicans say it however it is disingenuous because it is the at stat they themselves have latched on to to prove Obama sucks.

Anyone who decried a rise in the U3 when the U6 was dropping or the labour force was expanding, has no business trying to dismiss the U3 dropping today.
2012-10-10 07:51:36 AM
1 votes:

ladyfortuna: zarberg: If Fartbama was going to fake the jobs numbers, why wouldn't he make them just a little better?

Unless ... he's a lot smarter than they give him credit for, and he's just faking them by small amounts.

[thehumanscorch.files.wordpress.com image 419x327]

Take an Economics Survey course (as apposed to more in depth macro/micro classes) and you learn that when unemployment runs out, the people who have a. lost that money (and thus the tracking) and b. haven't gotten a job that reports their paycheck/taxes/etc stop being counted. I forget the term but it's not a secret statistic, I'm betting every professional economist knows about it. This in turn effects the official unemployment numbers, making it seem like UE has gone down.

I don't know as much about how they tally the overall jobs lost/jobs gained count, but I assume they count it a lot like balancing your check book; ie count both + and - and whichever one is greater, that's what gets reported. it's not going to reflect the actual unemployment rate, but it is a measure of whether an economy is recovering or not...

Feel free to set me straight though, I'm merely an armchair economist/observer.


Your last sentence means I certainly am not flaming you in particular, I actually applaud you for trying to be open-minded about it, but you bring up some......points.

It's this kind of attitude(your first two paragraphs) that conservatives I "argue" with, CONSISTENTLY have, and that drives me farking batty. Looking stuff up is NOT hard, it just takes a little work. I spent probably ~10 hours of time over a few weeks arguing with a friend of mine about the TPC's analysis of Romney's tax policy, right when it came out. It finally came out near the end that he had not, in any way possible, actually read the report. All he had read or heard was basically every right wing talking point about it in existence on the planet.....and still had not read it, and basically refused to read it all the way until the end, when I took to just pulling quotes right out of the study to debunk the asinine crap he was pulling out, and telling him which page and where on each page I was pulling the info. I still don't think he actually ever read the report, even though I won the argument in the end, with pretty much wiping out even the last vestiges of doubt and misgivings that he was trying to put on the study. But it really just blew my mind. I spent several hours just reading, trying to understand, looking stuff up, and doing my very best to understand the methodology they were using...and was arguing with a guy who...basically.....just listened to Rush rant about it and read some Fox news articles about it and that was the extent of his "research".

Back to your questions.....U3/4/5/6 numbers. They are not rocket science, anyone can look them up and understand them well enough in minutes. BUT YOU HAVE TO LOOK THEM UP. "These numbers seem fishy in this economy", followed by 2nd grade level arguments like, "114,000 jobs added, but .3% job growth, is mathematically impossible," is just pure stupidity and refusal to do any work yourself. Whenever i see crap like this, I tag you in my head as "idiot". You have no interest in knowing the truth, you're just trying to keep the cognitive dissonance in your head down to a dull roar, and in all likelihood won't even check back after you post that stupid crap because you know in your heart people are going to prove you wrong with little effort.
2012-10-10 07:39:48 AM
1 votes:
I read a lot of autobiographies, and the more I'm exposed to the inner thoughts of rich people the more I've come to realize that intelligence comes in a distant, distant 4th behind easy access to money/networking, ambition and blind luck in common denominators.
2012-10-10 04:19:00 AM
1 votes:
I've seen clips of him speak (clips played on Daily Show) and Welch doesn't seem all "there", with a raspy/nasel-y voice.
He doesn't seem long for the world, so that's good news.
2012-10-09 11:18:38 PM
1 votes:

one small post for man: Stewart slammed Welch last night.

"The job numbers don't feel right and they don't smell right. That's two of the five senses. How do they taste?"

/something like that


That was good, but the way he nailed Lou Dobbs was EPIC
2012-10-09 10:51:06 PM
1 votes:

Tumunga: Opinion piece? His opinion got him shiat canned? hmmmmm...

Looks like the MSM are circling the wagons. Kicking out those who don't toe the gospel as set forth by the Chicagoans.


I wouldn't call what he said an "opinion". It's more of an unsubstantiated, baseless accusation that could undermine an otherwise credible news source.
Here's an opinion. Your mother is the worst at giving BJ's. Why is it an opinion? Because, objectively, she has blown me several times. Subjectively, I feel she is terrible at it.
/Get it?
2012-10-09 10:27:42 PM
1 votes:
Unexpected news reached Jack Welch
It,in fact,caused him to loudly belch:
"Unemployment's gone down?!"
He said with a frown,
"My GOD,this positive trend I must squelch!"
2012-10-09 10:21:44 PM
1 votes:

Tumunga: Opinion piece? His opinion got him shiat canned? hmmmmm...

Looks like the MSM are circling the wagons. Kicking out those who don't toe the gospel as set forth by the Chicagoans.

FTFA:

"We let Reuters know today that we were going to cease our column with them," Suzy Welch told Daily Intel. "We loved our experience at Reuters, it just wasn't getting a lot of traction."

The Welches' contributions, which focus on management and politics, have been running since January. Asked if the decision to quit had anything to do with last week's jobs numbers, Welch said, "No."


Not even that idiot is lame enough to blame the media.

Know what that makes you?
2012-10-09 09:46:32 PM
1 votes:

vpb: And this is a guy who is supposed to be such a genius that he is worth hundreds of millions of dollars.


TheJack Weelch who exported the union jobs that GE is reimporting to the US because Americans build appliances better and more profitably?
That Jack Welch?
[inigo_montoya.jpg]
2012-10-09 09:36:23 PM
1 votes:
no biggie. he will join fox.
2012-10-09 08:39:12 PM
1 votes:

Makh: Reuters should have specified that they wanted opinion based in fact.


Then why did they hire a Republican?
vpb [TotalFark]
2012-10-09 06:58:39 PM
1 votes:

Makh: Reuters should have specified that they wanted opinion based in fact.


I have seen articles from right wing derp sites like pj Media and Townhall on Reuters. Being linked to by Reuters means nothing.
vpb [TotalFark]
2012-10-09 06:55:17 PM
1 votes:
And this is a guy who is supposed to be such a genius that he is worth hundreds of millions of dollars.
2012-10-09 06:08:33 PM
1 votes:
As did the server hosting this site, it would seem.
 
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