UNEMPLOYMENT CHART PORN

Ritholtz has some good unemployment charts, (not that there is such a thing, unless it’s pegged at <4%) here are a few.

Sadly, I didn’t see John Williams latest chart showing unemployment at 23.1%.

Nice job Moron Bernanke. You have two mandates: Reduce unemployment, and keep the dollar strong. You fucked them both up Champ. 23.1% and .04 cents respectively. What a fucking POS douchebag loser scum of the earth bankster prostitute.

Be sure to catch the real average hourly earnings, in January 1973 they were $21.35 in September 2011 they are $19.52.

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Federal Reserve’s Federal Open Market Committee (Fed FOMC) minutes from FY2005 indicate that exploiting globalization is funny stuff: “But the common concern coming from the retailers, the rails, the shippers, the shipbuilders, and so on, was the following: Everyone I’ve talked to continues to try to figure out ways to exploit globalization. Each of them, from the IT [information technology] guys to the big box retailers to the specialty chemical firms to the service firms, wants to have offshore supply. One of the CEOs said, “We have a long way to go in exploiting China.” We’ve heard that forever. And one of my favorites was the comment, “China, India, and Indonesia can make Italian ceramics better than Italians can now or could 200 years ago.” [Laughter]”