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The Bistromath Economy

The numbers, they are awful.

by
Stephen Green

Bio

November 24, 2013 - 11:48 pm
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It’s been years since we visited what I call “the Bistromath economy,” named after the starship Bistromath in Douglas Adams’ Life, the Universe, and Everything. The ship is propelled by a faster-than-light drive, based on the non-absolute numbers found when dining at a small Italian bistro.

As Adams put it:

Bistromathics itself is simply a revolutionary new way of understanding the behaviour of numbers. Just as Albert Einstein’s general relativity theory observed that space was not an absolute but depended on the observer’s movement in time, and that time was not an absolute, but depended on the observer’s movement in space, so it is now realized that numbers are not absolute, but depend on the observer’s movement in restaurants.

Or as the ship’s master, Slartibartfast, put it, “The numbers, they are awful.”

The U.S. economy has been functioning, as best as anyone can tell, by bistromathics for years now.

So without further ado, here are the awful numbers.

7.3 % — unemployment rate for October.

+0.1% — change in unemployment since September.

2.3 million — number of Americans “marginally attached” to the labor force.

-720,000 — change in civilian labor force in October.

815,000 — number of discouraged workers in October.

62.8% — labor force participation rate.

-0.4% — change since September.

13.8% — underemployment rate (U-6) in October.

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Top Rated Comments   
It helps to hit John Williams' Shadow Gov't Statistics website, shadowstat.com to keep all these dastisticks straight. Me, my personal fave is when Bill & Hillary deigned that the inflation rate must no longer include a small and arbitrary fraction of food and fuel prices. Well, I tried to go without either, and am now reduced to a very thin man with terrible blisters on my feet. And Hillary is gonna be our next president, so we can look forward to relief. starting in early 2017.
35 weeks ago
35 weeks ago Link To Comment
That's what we need, another $trillion in stimulus to cover for the stock market, somewhat. You can only prop this mess up partially, the numbers tell us that even this is a failure. The really ugly part is, this is by design, twisted but it's purpose is to cause damage and decline, the full meaning of a Leftism finally realizing and acting out its hate. Thanks Obama, leftists, and a diseased media.
35 weeks ago
35 weeks ago Link To Comment
Ask any democrat you know how the economy is faring and you will hear that we are in a boom period; housing prices are soaring; construction of coffee bistros is soaring, number of students pursuing some sort of worthless degree in over inflated colleges is soaring, big cities are booming, billion dollar sports industry is booming, billion dollar entertainment industry is booming, everyone has medical coverage for the first time, wind turbines are producing all the electricity we will ever need. To a democrat we are living in never never land.
35 weeks ago
35 weeks ago Link To Comment
All Comments   (9)
All Comments   (9)
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It helps to hit John Williams' Shadow Gov't Statistics website, shadowstat.com to keep all these dastisticks straight. Me, my personal fave is when Bill & Hillary deigned that the inflation rate must no longer include a small and arbitrary fraction of food and fuel prices. Well, I tried to go without either, and am now reduced to a very thin man with terrible blisters on my feet. And Hillary is gonna be our next president, so we can look forward to relief. starting in early 2017.
35 weeks ago
35 weeks ago Link To Comment
Brilliant! That explains how they are getting away with it. Obama (through the media) has covered this all with an S.E.P. field!
35 weeks ago
35 weeks ago Link To Comment
Statistics premised upon a mountain of lies...can only cause an avalanche of fraud

The books are cooked...and we are the ones getting burned
35 weeks ago
35 weeks ago Link To Comment
"200% — increase of DJIA since January 20, 2009" is especially fake: should be 100%
35 weeks ago
35 weeks ago Link To Comment
All of those numbers are fake. The government distorts them all, for the purpose of keeping politicians in office.
35 weeks ago
35 weeks ago Link To Comment
That's what we need, another $trillion in stimulus to cover for the stock market, somewhat. You can only prop this mess up partially, the numbers tell us that even this is a failure. The really ugly part is, this is by design, twisted but it's purpose is to cause damage and decline, the full meaning of a Leftism finally realizing and acting out its hate. Thanks Obama, leftists, and a diseased media.
35 weeks ago
35 weeks ago Link To Comment

Numbers, smumbers, who cares? Man, haven't you heard? We are now a civilized country! We have universal (in theory) health insurance!
35 weeks ago
35 weeks ago Link To Comment
Ask any democrat you know how the economy is faring and you will hear that we are in a boom period; housing prices are soaring; construction of coffee bistros is soaring, number of students pursuing some sort of worthless degree in over inflated colleges is soaring, big cities are booming, billion dollar sports industry is booming, billion dollar entertainment industry is booming, everyone has medical coverage for the first time, wind turbines are producing all the electricity we will ever need. To a democrat we are living in never never land.
35 weeks ago
35 weeks ago Link To Comment
If the Democrats REALLY think we're living in that Never-Never Land. . . they've obviously been snorting too much Fairy Dust. . . .
35 weeks ago
35 weeks ago Link To Comment
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