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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 08-24-2012, 12:16 AM   #226
Comrade Crapski Comrade Crapski is offline
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Originally Posted by DaneMcCloud View Post
You're kinda like the ugly cheerleader, who everyone wonders how you were chosen, in nearly every thread.

Oop, I guess, maybe, that was an insult
Yeah uh Dane? What about the jobs council thing? It was just more bullshit from your hero, Obamagabu.
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Old 08-24-2012, 12:17 AM   #227
DaneMcCloud DaneMcCloud is offline
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Quote:
Originally Posted by Tom.Jay61 View Post
What about his energy policies? What impact, good or bad, have they had on employment and hiring?
Well, my response included energy. And once again, I'll take due diligence over environmental disaster.

We've had enough of those to last a few centuries, IMO.
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Old 08-24-2012, 12:19 AM   #228
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Tom.Jay61 View Post
Yeah uh Dane? What about the jobs council thing? It was just more bullshit from your hero, Obamagabu.
Why do you insist that he's my "hero"? Are you incapable of discussion without predilection?
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Old 08-24-2012, 12:19 AM   #229
Comrade Crapski Comrade Crapski is offline
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Originally Posted by DaneMcCloud View Post
Well, my response included energy. And once again, I'll take due diligence over environmental disaster.
Yeah like raiding Gibson guitar.
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Old 08-24-2012, 12:20 AM   #230
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Originally Posted by KC native View Post
It's the same thing. How is it any different?
Now your just being an ass. It''s freaking night and day. Uncertainty WITHIN the confines of a system is great... the essay you quoted in the other thread is correct there... what it fails to address is that uncertainty in the fabric of the system itself is NOT. (and btw Ritholtz is NOT an economist.. so even if he was on topic... not sure why I would care)
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Old 08-24-2012, 12:20 AM   #231
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Originally Posted by DaneMcCloud View Post
Why do you insist that he's my "hero"?
You defend him unconditionally.
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Old 08-24-2012, 12:21 AM   #232
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Tom.Jay61 View Post
Yeah like raiding Gibson guitar.
So, you think that was wrong, after they had been warned several times?

Trust me, I know far more about that situation than you.
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Old 08-24-2012, 12:22 AM   #233
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Tom.Jay61 View Post
You defend him unconditionally.


Clearly, you haven't read many of my posts.
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Old 08-24-2012, 12:24 AM   #234
KC native KC native is offline
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Quote:
Originally Posted by AustinChief View Post
Now your just being an ass. It''s freaking night and day. Uncertainty WITHIN the confines of a system is great... the essay you quoted in the other thread is correct there... what it fails to address is that uncertainty in the fabric of the system itself is NOT. (and btw Ritholtz is NOT an economist.. so even if he was on topic... not sure why I would care)
The confines of the system aren't changing. The fabric of the system isn't uncertain. You're being way too emotional about this.

I didn't mean to hold Ritholtz out as an economist. Sorry if I wasn't clear about that. I was using him to make a point about uncertainty.
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Old 08-24-2012, 12:25 AM   #235
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Just to be ABSOLUTELY CLEAR.

KC native, you are saying that...

Economic Policy Uncertainty has no ill effect on the economy
AND
Obama's policies haven't increased uncertainty any more so then it would be under other recent presidents
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Old 08-24-2012, 12:25 AM   #236
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Originally Posted by DaneMcCloud View Post


Clearly, you haven't read many of my posts.
Sure Dane, sure.

You start crying and launching personal attacks any time somebody says something critical of the moonbats messiah.
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Old 08-24-2012, 12:27 AM   #237
Comrade Crapski Comrade Crapski is offline
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KC native, you are saying that...

Economic Policy Uncertainty has no ill effect on the economy
Well of course, why do you think Africa is such an economic powerhouse?

KC Rectum has a stockbrokers license from Primerica, he's an economic whiz kid.
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Old 08-24-2012, 12:28 AM   #238
DaneMcCloud DaneMcCloud is offline
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Originally Posted by Tom.Jay61 View Post
Sure Dane, sure.

You start crying and launching personal attacks any time somebody says something critical of the moonbats messiah.
Absolutely untrue. Unless, of course, it's you.
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Old 08-24-2012, 12:29 AM   #239
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Quote:
Originally Posted by AustinChief View Post
Just to be ABSOLUTELY CLEAR.

KC native, you are saying that...

Economic Policy Uncertainty has no ill effect on the economy
AND
Obama's policies haven't increased uncertainty any more so then it would be under other recent presidents
Yes.

Also, the really isn't any economic policy uncertainty. Obamacare survived the Supreme Court. Even if Romney wins, it will be almost impossible to repeal. Obamacare is happening and people are/have been accounting for that.
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Old 08-24-2012, 12:29 AM   #240
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Quote:
Originally Posted by KC native View Post
The confines of the system aren't changing. The fabric of the system isn't uncertain. You're being way too emotional about this.

I didn't mean to hold Ritholtz out as an economist. Sorry if I wasn't clear about that. I was using him to make a point about uncertainty.
I'm not being emotional.. I'm claiming that Economic Policy Uncertainty deals with .. well duh.. policy and therefore is related to the rules of the game not just the game itself. It's all well and good to practice and draw up a game plan not knowing what the Falcons are going to bring on opening day. BUT if the NFL claims there will be drastic rule changes and you'll see them in action Sept 5th... you may hold off on the final game plan until after that game. You won't FREEZE in place but you certainly may hold off.

THAT is what Economic POLICY Uncertainty does. You're gonna have a tough time defending a position against that.
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