Paul Krugman Jan 2, 2011, NYT: The figure at right illustrates Okun’s Law — the relationship between growth and unemployment. (Gah — I’ve tried to remove the connecting lines, to no avail.) The horizontal axis shows annual growth rates of real GDP; the vertical axis shows the year-to-year change in the unemployment rate. Two things are clear. First, the economy has to grow around 2 1/2 percent per year just to keep unemployment from rising. Second, growth above that level leads to a less than one-for-one fall in unemployment (because hours per worker rise, more people enter the work force, etc.). Roughly, it takes two point-years of extra growth to reduce the unemployment rate by one point. So, suppose that US growth is accelerating. Even so, it will take years of high growth to get us back to anything resembling full employment. Put it this way: suppose that from here on out we average 4.5 percent growth, which is way above any forecast I’ve seen. Even at that rate, unemployment would be close to 8 percent at the end of 2012, and wouldn’t get below 6 percent until midway through Sarah Palin’s first term.
Update: This would make unemployment go below 6 % Jan 2019.
Paul Krugman once wrote: “Sarah Palin’s first term”
and all of his readers started to squirm.
You cannot be serious
You must be delirious
Next thing you tell us: “She is a bookworm”.
101 ways to politicize a tragedy?
Received this email Jan 26.
Yesterday, my close friend and fellow Congresswoman Gabrielle Giffords resigned from Congress to continue her recovery.
I went with her to the floor of the House to serve as her voice — and to thank her for her service to this country.
Join me in thanking her by adding your name to a note. I’ll make sure she gets it.
Gabby made one thing very clear with these words:
“I will recover and will return, and we will work together again, for Arizona, and for all Americans.”
I know she is going to be back. Until then, let’s show her we’re all behind her:
Rep. Debbie Wasserman Schultz Chair Democratic National Committee
In itself somewhat benign but then I realized your are directed to the DMC change that matters web site to sign the note. Donate, add your name to their propaganda list etc. NEVER, NEVER LET A TRAGEDY GO TO WASTE!
The original response to the tragedy in Arizona was, as we all know, much worse. At that time the calculation was that Sarah Palin would be the Republican nomine, so she was called personally responsible for the tragedy since she had targeted Gabrielle Gifford for defeat. The memorial service in Tuscon Arizona turned into a pep rally? This picture shows you why.
Do not let a tragedy slow down your pace.
“Together we thrive” we must now all embrace.
What happened to tact?
To mourn is a fact,
It must have its time, – then we enter the race.
We must not forget the applause:
As Christians we have only one risen hero.
He died for our sins on the cross at ground zero.
I’ll Muslims embrace,
But first they must face
The truth in the great ”Iron Cross” at ground zero
The exact quote from Obama’s national security speech in front of 47 foreign leaders: It is a vital national security interest of the United States to reduce these conflicts because whether we like it or not, we remain a dominant military superpower, and when conflicts break out, one way or another we get pulled into them. My beef with that statement is: Why use the word:”remain”? But it explains some of his recent actions.
Here is the Limerick.
“You like it or not, we remain superpower”
And that’s why they call him Obama the bower.
He empties the store
until there’s nothing more,
and sending us all to the locker-room shower.
Who fears Sarah Palin? Elite, left and right.
That leaves us the people. Oh, what a delight.
Obama the dimwit*
and Sarah’s true grit.
The choice is quite clear and the fight is a sight.
*Definitions of dimwit:
1: A person looking up the word “dimwit” in a dictionary not knowing what it means.
2: Someone with crazy ideas that could be considered dangerous
3: Someone who doesn’t know what he is doing
4: Someone who does things just to gain acceptance from others, not because he is a real personality.
5: Dual Income, Married, WIth Teens
A lawsuit against Augusta State University in Georgia alleges school officials essentially gave a graduate student in counseling the choice of giving up her Christian beliefs or being expelled from the graduate program. School officials Mary Jane Anderson-Wiley, Paulette Schenck and Richard Deaner demanded student Jen Keeton, 24, go through a “remediation” program after she asserted homosexuality is a behavioral choice, not a “state of being” as a professor said, according to the complaint.
A “Limerick” is coming up right now:
If you follow Jesus, take remediation,
for gays are protected from scrutinization,
Repent of your ways!
For faith never pays,
says ASU Georgia’s administration.
Sarah Palin is feared from the left and the right,
She must be a centrist, oh what a delight.
We know there aren’t many
In fact, hardly any.
She’s filling the vacuum and will lead the fight.