Sunday, October 21, 2012

Obama Logic..........

COSTELLO: I want you to explain about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's 8.1%.

COSTELLO: Wow! That’s so many people out of work!

ABBOTT: No, that's 16%.

COSTELLO: You just said 8.1%.

ABBOTT: 8.1% are Unemployed.

COSTELLO: Right 8.1% out of work.

ABBOTT: No, that's 16%.

COSTELLO: Okay, so it's 16% unemployed.

ABBOTT: No, that's 8.1%.

COSTELLO: WAIT A MINUTE. Is it 8.1% or 16%?

ABBOTT: 8.1% are unemployed. 16% are out of work.

COSTELLO: IF you are out of work you are unemployed.

ABBOTT: No, Obama said you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.

COSTELLO: But they ARE out of work!!

ABBOTT: No, you are missing his point.

COSTELLO: What point?

ABBOTT: Someone who doesn't look for work can't be counted with those who look for work. It wouldn't be fair.

COSTELLO: To whom?

ABBOTT: The unemployed.

COSTELLO: But they are ALL out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment rolls, that would count as less unemployment?

ABBOTT: Absolutely! Unemployment would go down.

COSTELLO: The unemployment goes down just because you don't look for work?

ABBOTT: Right! That's how Obama gets it to 8.1%. Otherwise it would be 16%. He doesn't want you to read about 16% unemployment.

COSTELLO: That would be tough on his reelection.

ABBOTT: You got it.

COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?

ABBOTT: Two ways – that’s right.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have Obama's supporters stop looking for work.

ABBOTT: Now you're thinking like the Obama Economy Czar.

COSTELLO: I don't even know what the hell I just said!

ABBOTT: Now you're thinking like Obama….



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