Sunday, October 07, 2012

Numbers are just a Theory



The Numbers Deniers claim that the unemployment rate dropping below 8% is a vast government conspiracy orchestrated by the Muslim-Keyan-socialist-liberal-anti colonial-fascist in the White House. Their proof, the report was created using Arab 'numerals', we all know that real Americans would use Chinese made 'numerals' bought at Walmart.

To understand what is really going on requires some background, the initial jobs reports that come out each month are based on surveys, and are revised later as more data comes in. The job creation number is based on an employer sampling survey, and this number can be way off
from reality if the growth or decline is concentrated in a particular area.



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