Sunday, May 10, 2009

Unemployment in the double digits

Already.


posted by John Althouse Cohen on Sunday, May 10, 2009
Tags: , , ,

8 comments:

Jason (the commenter) said...

You could argue between several different measures of unemployment as the most pertinent. Interestingly, the number which sounds the best politically is also the number the government has decided to use after long, thoughtful deliberation.

It's like that with most government statistics. The same statistics the government uses to plan everything it does.

May 11, 2009
John Althouse Cohen said...

Is the same thing true of corporations?

May 11, 2009
Jason (the commenter) said...

Is the same thing true of corporations?

They try reporting the best numbers to shareholders and sometimes resort to fraud, but have to worry about hedge funds.

Because of shorting, hedge funds can make money by discovering and reporting corporate lies. It's harder to make money off of government lies and harder still to force a government's hand. A government's size and authority see to that. But it can be done, just ask George Soros.

May 11, 2009
John Althouse Cohen said...

OK! Hey, has Blogger finally fixed its problem with deleting the space between an italicized quote and the non-italicized response?

May 11, 2009
John Althouse Cohen said...

Hey, has Blogger finally fixed its problem with deleting the space between an italicized quote and the non-italicized response?Let's see.

May 11, 2009
John Althouse Cohen said...

Oh, darn.

Wait, Jason, how did you get that to work?

May 11, 2009
Jason (the commenter) said...

Say what you want italicized,

then include two carriage returns before you close the italicization command, and keep on writing.

May 11, 2009
John Althouse Cohen said...

then include two carriage returns before you close the italicization command, and keep on writing.

Aha! Brilliant. Thanks.

May 11, 2009

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