Abbott & Costello discuss unemployment


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

ABBOTT: Good Subject. Terrible Times. It's 5.6%.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 23%.

COSTELLO: You just said 5.6%.

ABBOTT: 5.6% Unemployed.

COSTELLO: Right 5.6% out of work.

ABBOTT: No, that's 23%.

COSTELLO: Okay, so it's 23% unemployed.

ABBOTT: No, that's 5.6%.

COSTELLO: WAIT A MINUTE. Is it 5.6% or 23%?

ABBOTT: 5.6% are unemployed. 23% are out of work.

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

ABBOTT: No, Biden 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 miss 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 ALL of them are 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 roles that would count as less unemployment?

ABBOTT: Unemployment would go down. Absolutely!

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

ABBOTT: Absolutely it goes down. That's how it gets to 5.6%. Otherwise it would be 23%.

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

ABBOTT: Two ways is correct.

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 people stop looking for work.

ABBOTT: Now you're thinking like a Democrat.

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

ABBOTT: Now you're thinking like Biden.

Right wing nutjobs didn't mind that discrepancy before Trump shut down the country with his national emergency.

Fascinating!

GOP

DEMOCRATS

GOP

DEMOCRATS

GOP

DEMOCRATS!

quote:

Originally posted by 300shooter:
Right wing nutjobs didn't mind that discrepancy before Trump shut down the country with his national emergency.

All advised by your hero and 'expert' Anthony 'beagle torturer' Fraudci.

Beautiful, Ann! Glad you shared that with the masses!

quote:

Originally posted by Aspen Hill Adventures:

quote:

Originally posted by 300shooter:
Right wing nutjobs didn't mind that discrepancy before Trump shut down the country with his national emergency.

All advised by your hero and 'expert' Anthony 'beagle torturer' Fraudci.

Are you saying Trump was a pussy and not really a strongman.

What she is saying is Trump relied on the people who were positioned to know. Problem is the little tyrant Fauci had a different agenda. You give Trump credit for Operation Warp Speed dontcha?

quote:

Originally posted by bluefish:
What she is saying is Trump relied on the people who were positioned to know. Problem is the little tyrant Fauci had a different agenda. You give Trump credit for Operation Warp Speed dontcha?

That was Fauci. If it were Trump you wouldn't be anti vaxxers.

Sorry, Trump was the one who authorized Warp Speed… complete with all the warts that have come of the issue.

He may have done it at Fauci’s urging, or for his own reasons, but claiming Fauci is the one responsible is ignorant of how the system works.

Neither Trump nor Fauci are covered with glory over the Covid response.