Game Theory Radio

Tuesday, June 9, 2009

State of the Economy

I'm back after a long absence, some of us had to go to Drill Sergeant school, try it sometime; nevermind don't because you won't make it. Anyways, I have made my transition back to civilian life and continued my record length of time spent unemployed. Which brings me to the topic of this blog, I keep reading about all these "Economists" who are forecasting that the economy will rebound near the end of 2009, 90% of all these Economists say that, the other 10% say the first quater of 2010. I say BULLSHIT to both, from the numbers I have seen and went through myself (believe me I have alot of time on my hands right now, oh yeah and thanks alot President Obama for passing the law making busineses "hire more veterans" mmmmm, that worked out fucking great didn't it? But lets keep affirmative action, uh I mean reverse racism going though.) According to my calculations the Economy won't get better until at least 2011, go ahead and thank your local realtor, mortgage broker, banker, trader, speculator and financial advisor. The Department of Labor (who recently turned me down for a job I applied for) manipulates the employment rate, by overstating the amount of "employed" people, alot of these "employed" people are underemployed or only working part time. In Economics, statistics can be manipulated to say whatever they want the data to say, just add a variable here, subtract one there, make the sample size bigger or smaller. I can manipulate data to show that I am dating Maggie Gyllenhall, doesn't mean its true. In order for a country to have a strong economy, it has to have solid manufacturing, which we don't have. Also we need to start taxing every currency specualtion made by "investors" as well as any stock purchase, mutual fund purchase, etc, you wanna be the hot shot day trader on your laptop at Starbucks with a semester of junior college under your belt, good you can pay a tax on your pre-investment purchase, while your sipping your fucking mocha venti and churning your etrade account...............I'll give you a second to look up what "churning your account" means, they probably didn't teach you that before you became academically ineligible at Devry University. Also, why has no one started punishing U.S. companies for shipping jobs overseas still? WTF with this shit already............ simple solution, every 10 jobs you send overseas you pay 10% more in taxes, 70 people making shoes at the Nike factory in India, you pay 70% too easy. Also on the opposite end of the spectrum companies that hire and keep workers jobs in the U.S. receive tax credits, the more workers you have the less tax you pay as a company, more workers means more people to buy consumer goods and pay sales tax, more workers getting paychecks means more FICA the government can get its hands on so in the end the tax revenue would even out. Good thing I'm the unemployed one though.