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  1. 01-13-2011, 05:53 PM #1
    AirborneSapper7
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    Hallucinations on Curing Unemployment; Modeling the Model

    Thursday, January 13, 2011 2:32 PM

    Hallucinations on Curing Unemployment; Modeling the Model

    In Get a Model, Plug in Guesses, Cure Unemployment Caroline Baum takes a look at Janet Yellen's statements regarding the alleged creation of 3.5 million jobs. http://noir.bloomberg.com/apps/news?pid ... k8SiEVOBkE

    Here are a few snips.

    Just when you thought you’d heard the last of “jobs created or saved,â€
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  2. 01-13-2011, 06:41 PM #2
    vistalad
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    And if we look at actual job creation numbers, it will take six years just to get back to pre-meltdown levels.

    We're all caught up in a zero sum game. It's jobs and benefits for foreigners or jobs and benefits for Americans.
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