Private sector jobs outlook continues to improve:

[Baldy]

Actually, according to the facts, over the last 6 quarters we've had 6 quarters of growth.



Try again.

AJ, you really really need to learn how to read a simple bar graph.

I kinda feel like I'm picking on the retarded kid, but you make it so fucking easy.

EDIT: I was wrong on one account. We've had 4 quarters of real growth and 2 quarters of negative growth over the last 6 quarters, but the fact remains the same. There hasn't been 6 quarters of growth over the last year and a half.

[Skjellyfetti]

Uh. Dude?

That's 6 straight quarters of growth.

Just because the GDP GROWS 5.7% one quarter and GROWS 3.7% the next quarter... doesn't mean the economy is shrinking. If that % is positive... it's growth.

[Baldy]

Uh. Dude?

That's 6 straight quarters of growth.

Just because the GDP GROWS 5.7% one quarter and 3.7% the next quarter... doesn't mean the economy is shrinking. If that % is positive... it's growing.

Corky, going from 5.7% to 3.7% is the exact definition of shrinking.

I really don't know why, but I'll take this a step further.
Question: If the economy grows at a rate of 5.7% one quarter to 3.7% the next to 3.3% the quarter after that, what is it called?

Answer: A recession.

[Skjellyfetti]

Uh. Dude?

That's 6 straight quarters of growth.

Just because the GDP GROWS 5.7% one quarter and 3.7% the next quarter... doesn't mean the economy is shrinking. If that % is positive... it's growing.

Corky, going from 5.7% to 3.7% is the exact definition of shrinking.

I really don't know why, but I'll take this a step further.
Question: If the economy grows at a rate of 5.7% one quarter to 3.7% the next to 3.3% the quarter after that, what is it called?

Answer: A recession.

No, dipshit.

A recession is NEGATIVE growth.

If the economy went from 5.7% to 3.7% to -2%.... the economy would enter a recession when it went to NEGATIVE GROWTH.

In your example it stays positive. Positive growth... no matter how small... means the economy is growing. Negative growth (indicated by something called a minus sign ) means the economy is shrinking.

[Baldy]

Corky, going from 5.7% to 3.7% is the exact definition of shrinking.

I really don't know why, but I'll take this a step further.
Question: If the economy grows at a rate of 5.7% one quarter to 3.7% the next to 3.3% the quarter after that, what is it called?

Answer: A recession.

No, dipshit.

A recession is NEGATIVE growth.

If the economy went from 5.7% to 3.7% to -2%.... the economy would enter a recession when it went to NEGATIVE GROWTH.

In your example it stays positive.

Dude, stick to things you know like jacking off and eating boogers because economics is just not your "thing".

Please explain to me how the economy shrinking from 5.7% in one quarter to 3.7% the next isn't negative growth?

[Grizalltheway]

No, dipshit.

A recession is NEGATIVE growth.

If the economy went from 5.7% to 3.7% to -2%.... the economy would enter a recession when it went to NEGATIVE GROWTH.

In your example it stays positive.

Dude, stick to things you know like jacking off and eating boogers because economics is just not your "thing".

Please explain to me how the economy shrinking from 5.7% in one quarter to 3.7% the next isn't negative growth?

You're changing your tune from 'shrinking' to 'negative growth'. The economy isn't shrinking if there's any positive growth at all.

Think about it: if a kid grows three inches one year, but only two inches the next, does that mean he's shrinking?

[Skjellyfetti]

Please explain to me how the economy shrinking from 5.7% in one quarter to 3.7% the next isn't negative growth?

Goddamn, dude.

BECAUSE THE 3.7% IS POSITIVE. The economy GREW 3.7% FROM WHERE IT WAS.

If it was negative 3.7% (-3.7%).... the economy SHRUNK 3.7%




You really can't be serious here, can you? You learn about positive and negative percents in elementary school, right?

[Baldy]

Please explain to me how the economy shrinking from 5.7% in one quarter to 3.7% the next isn't negative growth?

Goddamn, dude.

BECAUSE THE 3.7% IS POSITIVE. The economy GREW 3.7% FROM WHERE IT WAS.

If it was negative 3.7% (-3.7%).... the economy SHRUNK 3.7%




You really can't be serious here, can you? You learn about positive and negative percents in elementary school, right?

OK, this discussion about economics is obviously way over your basket weaving and art history degree level, so this is my last attempt at teaching you something you can use.

Negative Growth
A contraction in a country's economy, as evidenced by a decrease in its gross domestic product (GDP) during any quarter of a given year. Negative growth is typically expressed as a negative percentage. Recurring periods of negative growth are one of the most commonly used measures to determine whether an economy is experiencing a recession or depression.

Step 1: Shrinking from 5.7% to 3.7% is a contraction in the GDP.
Step 2: 5.7% - 3.7% = a minus (-) or negative 2%.
Step 3: A minus (-) 2% is called negative growth.

In a nutshell, negative growth is a simple decrease in quarter to quarter GDP, period.
Sorry, but I have dumbed it down about as far as I can. I truly hopes this helps.

[CitadelGrad]

May I suggest that neither Baldy nor jellybelly knows what the fuck he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

[Skjellyfetti]

May I suggest that neither Baldy nor jellybelly knows what the fuck he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

CitGrad is a smart guy. Would you mind ending this debate for us?

Does this graph indicate 6 quarters of GDP growth over the last 6 quarters?

[Wedgebuster]

This is sure to warm the hearts of the conks-
http://finance.yahoo.com/news/Joshua-Pe ... 2.html?x=0

One could argue this case should be considered a "bell weather" indicator.

Then along comes "Bummer Boehner" to pop the bubble-
http://www.marketwatch.com/story/jobs-r ... =rss&rss=1

[CitadelGrad]

May I suggest that neither Baldy nor jellybelly knows what the fuck he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

CitGrad is a smart guy. Would you mind ending this debate for us?

Does this graph indicate 6 quarters of GDP growth over the last 6 quarters?

Yes, but there is more to the graph than meets the eye. Baldy is right about one thing though, the drop in unemployment is misleading in a lot of ways and the comparison to unemployment figures during Reagan's first term is pretty useless.

[Baldy]

May I suggest that neither Baldy nor jellybelly knows what the fuck he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

Just hoping I can be as unstupid as you one day, CitGrad.

[Baldy]

May I suggest that neither Baldy nor jellybelly knows what the fuck he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

CitGrad is a smart guy. Would you mind ending this debate for us?

Does this graph indicate 6 quarters of GDP growth over the last 6 quarters?

It's simple. There is no debate because you don't know what the fuck you are talking about.

What part of the 'negative growth' definition I posted do you not understand?

[Skjellyfetti]

CitGrad is a smart guy. Would you mind ending this debate for us?

Does this graph indicate 6 quarters of GDP growth over the last 6 quarters?

It's simple. There is no debate because you don't know what the fuck you are talking about.

What part of the 'negative growth' definition I posted do you not understand?

The part where you keep arguing that 3.7% growth is negative growth.

On that chart -0.7%, -4%, -6.8%, -4.9%, -0.7% are examples of negative growth. The minus sign (-) preceding the percentages are your clue. These numbers represent a contraction of GDP and a contraction of the economy.

3.7% represents a growth of 3.7% over the previous quarter. In this quarter the economy is growing. Not contracting.

If you're still having trouble grasping this. I'm sorry, but... I can't make it any more clear.

A contraction in a country's economy, as evidenced by a decrease in its gross domestic product (GDP) during any quarter of a given year. Negative growth is typically expressed as a negative percentage. Recurring periods of negative growth are one of the most commonly used measures to determine whether an economy is experiencing a recession or depression.

[Grizalltheway]

Baldy, you've gotta be the most stubborn featherplucker on the planet.

[Chizzang]

Baldy, you've gotta be the most stubborn featherplucker on the planet.

He's never been wrong about anything...ever

[bench]

So according to the firm of Baldy Deloitte & Touche, if someone gives me $20 on Thursday and a fiver on Friday, I've lost $15. That's fucking brilliant.

[D1B]

So according to the firm of Baldy Deloitte & Touche, if someone gives me $20 on Thursday and a fiver on Friday, I've lost $15. That's fucking brilliant.

This

[TwinTownBisonFan]

So according to the firm of Baldy Deloitte & Touche, if someone gives me $20 on Thursday and a fiver on Friday, I've lost $15. That's fucking brilliant.

Today on "Bench's one-sentence takedowns..."

[Skjellyfetti]

Question: If the economy grows at a rate of 5.7% one quarter to 3.7% the next to 3.3% the quarter after that, what is it called?

Answer: A recession.

[Wedgebuster]

It's just Turrible...

[Vidav]

So according to the firm of Baldy Deloitte & Touche, if someone gives me $20 on Thursday and a fiver on Friday, I've lost $15. That's fucking brilliant.

[BDKJMU]

May I suggest that neither Baldy nor jellybelly knows what the **** he is talking about? Seriously, Page 3 of this thread contains so much stupidity, it is almost frightening to reflect that these two are graduates of American universities.

Well, neither Boone nor Statesboro are exactly bastions of intellectualism...

Ok, go ahead and say it, neither is Harrisonburg...

The thought that KY and I graduated from the same HS.

[kalm]

So according to the firm of Baldy Deloitte & Touche, if someone gives me $20 on Thursday and a fiver on Friday, I've lost $15. That's fucking brilliant.

Today on "Bench's one-sentence takedowns..."