Friday, January 04, 2008

A tale of two economies

German unemployment falls to six-year low of 7.9% (measured the OECD way).

U.S. unemployment hits two-year high of 8.8% measured the OECD way (5% measured the U.S. propaganda way, which "disappears" a significant number of the unemployed... they're not employed, they're not unemployed, they just... aren't).

We must elect a President who protects us from those nasty European socialistic ideas like universal health care, otherwise we will become a stagnant nation like Germany that, uhm, still makes shit and has a growing economy, rather than being a dynamic nation of, err, folks who don't make shit, with a stagnant economy and lots of people unemployed on the streets. Save us, oh save us, Republicans, from the fate of those horrible European nightmares like, uhm, Germany!

-- Badtux the Snarky Penguin

1 comment:

  1. I can't follow you here. Isn't the "OECD" way what I can find on the website of the OECD? The increase to 8.8% is mostly due the inclusion of part-time workers, or am I misreading that?

    ReplyDelete

Ground rules: Comments that consist solely of insults, fact-free talking points, are off-topic, or simply spam the same argument over and over will be deleted. The penguin is the only one allowed to be an ass here. All viewpoints, however, are welcomed, even if I disagree vehemently with you.

WARNING: You are entitled to create your own arguments, but you are NOT entitled to create your own facts. If you spew scientific denialism, or insist that the sky is purple, or otherwise insist that your made-up universe of pink unicorns and cotton candy trees is "real", well -- expect the banhammer.

Note: Only a member of this blog may post a comment.