BlueCollarJoe
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Post: 55984475_16 created on Fri Nov 06, 2009 3:25 pmPosted: Fri Nov 06, 2009 3:25 pm
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White Wolf of Nebu BlueCollarJoe White Wolf of Nebu Brothern Oh definitely. I certainly could have never EVER figured out that the unemployment was going to top 10% without first typing all my numbers into graphical analysis and finding the coefficient of determination. *rolls eyes* Because that's totally what they pay economists for! Making vague self-evident predictions based on pure horse s**t. If your going to talk tough about the economy and economic movement, do it right next time. It's not pure horseshit, White Wolf. Yeah, Brothern either pulled this from deep in his a** or he paid attention to the right analyst. But when it comes to predicting unemployment in an economy like we're in right now? Aside from the standard hard numbers, one must factor in the soft element, because that will start a snowball effect on your unemployment figures. If the media starts an 'economy is still failing' drive, you'll see unemployment go up yet again, too. If they report it's declining, and do so consecutively, you may see people starting to hire again. This is fuzzy math, because when you put the human element in it, you don't get hard numbers. I am not and expert, I admit, but I've done enough of this stuff to know it's a lot harder then the average joe (no pun intended on your name) claims to understand from his couch. My point against brothern is a general rant against all these kinds of people pooping under in the wake of the last recession. As someone who is putting hard work into understanding what can be at times very complicated stuff, it really pisses me off. I understand. WAG's are WAG's, and sometimes, they get lucky. I don't see it improving any over the next few months, other than some temp work due to holidays, but I also am withholding judgment until spring on what I actually expect to happen next. |
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