The "Beveridge Curve" predicts unemployment to recover by 2014.

[Direckshun]

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.

[DaneMcCloud]

Originally Posted by Tom.Jay61

KC Rectum has a stockbrokers license from Primerica, he's an economic whiz kid.

And what, exactly, do you do for a living? How did you amass your personal fortune?

[KC native]

Originally Posted by Tom.Jay61

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.

What's sad is you actually think this is funny.

[AustinChief]

Originally Posted by KC native

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.

Even if true.. and it's not... again who cares? It has already slowed the economy down. You can't take that back. The policy uncertainty started in 2010 and (according to you) should be over this last June... oh yay! Only 2 years of slower growth.

So... EPU doesn't effect the economy and isn't even higher then normal anyway?

[Comrade Crapski]

Originally Posted by KC native

What's sad is you actually think this is funny.

What's sad is you are such an idiot you don't even understand the point being made.

I'll spell it out for anyone else reading the thread capable of comprehending...


Africa as a continent should be an economic powerhouse, if not for one factor--

Economic and political uncertainty.

[KC native]

Originally Posted by AustinChief

Even if true.. and it's not... again who cares? It has already slowed the economy down. You can't take that back. The policy uncertainty started in 2010 and (according to you) should be over this last June... oh yay! Only 2 years of slower growth.

So... EPU doesn't effect the economy and isn't even higher then normal anyway?

Your claim is nothing but your opinion which is filtered through your extreme distaste for Obama and nothing else.

There's evidence to support my claims.

[KC native]

Originally Posted by Tom.Jay61

What's sad is you are such an idiot you don't even understand the point being made.

I'll spell it out for anyone else reading the thread capable of comprehending...


Africa as a continent should be an economic powerhouse, if not for one factor--

Economic and political uncertainty.

What's sad is you think you're making a relevant point.

[DaneMcCloud]

Originally Posted by Tom.Jay61

What's sad is you are such an idiot you don't even understand the point being made.

I'll spell it out for anyone else reading the thread capable of comprehending...


Africa as a continent should be an economic powerhouse, if not for one factor--

Economic and political uncertainty.

Yeah, it has absolutely NOTHING to do with corruption at the highest level of government.



What do you do for a living, again?

[Comrade Crapski]

Originally Posted by KC Rectum

What's sad is you think you're making a relevant point.

Sure rectum, sure. Whatever.

So the next time I compare Obama to Mugabe it will make more sense to non-moonbats. You on the other hand, will remain an ignoramus suffering from extreme cognitive dissonance.

Business people have an aversion to investing in countries being run by Afro-Marxists.

[DaneMcCloud]

Originally Posted by Tom.Jay61

Sure rectum, sure. Whatever.

So the next time I compare Obama to Mugabe it will make more sense to non-moonbats. You on the other hand, will remain an ignoramus suffering from extreme cognitive dissonance.

Business people have an aversion to investing in countries being run by Afro-Marxists.

What do you do for a living? What's your highest level of education?

I'd prefer you answer. Otherwise, I'll just contact our mutual friend for the info. Thanks in advance.

[KC native]

Originally Posted by Tom.Jay61

Sure rectum, sure. Whatever.

So the next time I compare Obama to Mugabe it will make more sense to non-moonbats.

Business people have an aversion to investing in countries being run by Afro-Marxists.

You're going to have a stroke when Obama is re-elected.

[Comrade Crapski]

Originally Posted by DaneMcCloud

Yeah, it has absolutely NOTHING to do with corruption at the highest level of government.

Of course it does, jackass.

Hence the uncertainty.

Just like here in America in the reign of Hope and change.

[Comrade Crapski]

Originally Posted by KC native

You're going to have a stroke when Obama is re-elected.

yeah. no. that's not gonna happen, rectum.

[Comrade Crapski]

Originally Posted by JonesCrusher

Remember when gasoline was 'only' $3.05 a gallon?

[AustinChief]

Originally Posted by KC native

Your claim is nothing but your opinion which is filtered through your extreme distaste for Obama and nothing else.

There's evidence to support my claims.

HAHAHAHAHA
EVIDENCE? You haven't shown any more evidence then I have. At least my argument has logic behind it.

Ok, now that we are clear on your ridiculous claims about uncertainty.. let me let you in on a little secret.

Guess who believes the same things I've been saying? BEN BERNANKE. I guess he doesn't know anything about the economy... he should give you a call for some lessons? You can google the papers he has written on the subject if you'd like to learn something.

Let's see who else I could site that will make your entire premise about uncertainty look as stupid as it sounds to me.

hmm, how about the Federal Reserve Bank of Boston?
Dani Rodrik? (PhD from Princeton, professor at Harvard)
How many more sources do you need?

btw.. I have been leading you down the garden path on this one... you simple can't win the uncertainty debate.. it's an established fact for the last 20 years in economic circles. (cue the Price Is Right loser music)

When you admit defeat on this one.. we can move on to point two.. whether Obama has increased uncertainty.

EDIT: BEFORE you make some claim about DEMAND being a bigger issue, yada yada.. ok, fine. it probably is... that doesn't remove uncertainty as an issue slowing growth.. it's just a deflection. What YOU need to address directly is the ACCEPTED view that uncertainty is bad for business. Going all the way back to Bernanke in 1983 this has become a known issue among economists.

[DaneMcCloud]

Originally Posted by Tom.Jay61

Of course it does, jackass.

Hence the uncertainty.

Just like here in America in the reign of Hope and change.

So I'm a jackass and a moonbat, yet you accuse me of name-calling?

You've been banned on multiple occasions and you refuse to engage in civil discourse.