How much did the Iraq war actually cost?

Discussion in 'Politics' started by Rudenoodle, Aug 25, 2010.

  1. JackFlash

    JackFlash Senior Member

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    Job gains and unemployment are only loosly related, but you want unemployment stats:

    http://www.tradingeconomics.com/Economics/Unemployment-Rate.aspx?Symbol=USD
    [​IMG]



    That's not what I said, I said we were gaining jobs until the oil spill. Job creation and unemployment are not the same subjects. Are you trying to confuse the issue, or are you just not aware of the difference? If it's the latter, I can enlighten you.

    http://www.washingtonmonthly.com/archives/individual/2010_07/024546.php
    [​IMG]

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  2. cadcruzer

    cadcruzer Sailing the 8 seas

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    Except for the fact you can't mention 1 without the other.

    When job gains are weak the unemployment rate will rise.

    http://www.msnbc.msn.com/id/38590170/
     
  3. JackFlash

    JackFlash Senior Member

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    Here's another chart showing the unemployment rate that you say is still rising.

    [​IMG]

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  4. cadcruzer

    cadcruzer Sailing the 8 seas

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    Have a chart that isn't "seasonally adjusted" ?
     
  5. TheMadcapSyd

    TheMadcapSyd Titanic's captain, yo!

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    So, you want a chart that is less correct?
     
  6. cadcruzer

    cadcruzer Sailing the 8 seas

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    Seasonal adjustment is a statistical method for removing the seasonal component of a time series used when analyzing non-seasonal trends. Whereas, not seasonally adjusted reflects the actual current data. It is normal to report not seasonally adjusted data for current unemployment rates. Seasonally adjusted data may be used for the longer term comparison

    More or less, there are two charts why not show both?
     
  7. JackFlash

    JackFlash Senior Member

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    To start, I think the first chart was not adjusted, but you asked for me to support my claims, I did. I think it would be customary for you to respond with evidence to show otherwise if you don't think it's valid.

    I posted what I think is reflective of the true economic condition of this nation. I think that since the end of this chart is the summer of 2010, and unemployment usually goes down somewhat in the summer, an unadjusted chart would show less unemployment, therefore supporting my position even more.

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  8. cadcruzer

    cadcruzer Sailing the 8 seas

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    To me, the first chart looks like we are heading back up, not down.

    The unemployment rose in Aug. from 9.5 to 9.6 the first rise in 4 months.

    That .1% rise = roughly 54,000 jobs lost, considering we are entering the months that usually shed a lot of jobs an the remaining 80,000+ census workers will soon be out of work I will go out on a limb an predict double digit US unemployment rate by Dec. Hope i'm wrong but it doesn't look good from here.
     

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