Blogging With Ike

"Men give me some credit for genius. All the genius I have lies in this: When I have a subject in hand, I study it profoundly. Day and night it is before me. I explore it in all its bearings. My mind becomes pervaded with it. Then the effort which I make, the people are pleased to call the fruit of genius. It is the fruit of labor and thought." - Alexander Hamilton

Sunday, February 21, 2010

Love them Numbers

I have been watching the government bungle around with everything. Here we are at 10% unemployment rate. The great depression was at 14% and we have a U6 number of almost 18%. Once again the U6 is related to how many people want fulltime work. One of the funny numbers is U3.

When we have a time of the government looking at things like click here to learn more about skin id, we are at a greater unemployment then the depression. The reason for this is the U3 number DOES NOT include the number of people who are on exteneded unemployment benefits. So if you are over 6 months of unemployment, you are no longer unemployed.

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