![[-]](https://www.aiowares.com/images/collapse.png "[-]")
03-11-2022, 02:04 PM
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, 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 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 the hell I just said!
ABBOTT: Now you're thinking like Biden.
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, 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 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 the hell I just said!
ABBOTT: Now you're thinking like Biden.
