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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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All Comments   (6)
All Comments   (6)
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Brilliant! That explains how they are getting away with it. Obama (through the media) has covered this all with an S.E.P. field!
1 year ago
1 year 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
1 year ago
1 year ago Link To Comment
"200% — increase of DJIA since January 20, 2009" is especially fake: should be 100%
1 year ago
1 year ago Link To Comment
All of those numbers are fake. The government distorts them all, for the purpose of keeping politicians in office.
1 year ago
1 year 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!
1 year ago
1 year ago Link To Comment
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