\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Hey guys! Does this chart show that we're fucked?

http://www.businessinsider.com/chart-of-the-day-the-scariest...
contagious nowag
  03/06/10
Only 2 or 2.5 more years until we're out!
boyish business firm twinkling uncleanness
  03/06/10
Holy shit things are scary when you look at them out of scal...
Abusive azn
  03/06/10
Are you trying to suggest the trough is something other than...
boyish business firm twinkling uncleanness
  03/06/10
P.S. What's the right scale?
boyish business firm twinkling uncleanness
  03/06/10
Sure, because it'd be real easy to tell discrepancies betwee...
Cowardly balding friendly grandma
  03/06/10
He thinks he's incisive because he had some sort of "me...
boyish business firm twinkling uncleanness
  03/06/10
Seriously. It's not the scale that matters as much as how o...
Cowardly balding friendly grandma
  03/06/10
so that chart is saying we've lost 6% of american jobs and h...
azure thriller immigrant
  03/06/10
not really. those other crises on the chart were nothing ...
ivory electric garrison toilet seat
  03/06/10
let me guess: you voted for obama?
azure thriller immigrant
  03/06/10
People thought the early-80s recession was a pretty fucking ...
boyish business firm twinkling uncleanness
  03/06/10
of course, but isn't it fair to say that what we've got now ...
ivory electric garrison toilet seat
  03/06/10
well, like I said I know nothing about economics so maybe th...
ivory electric garrison toilet seat
  03/06/10
click on the other charts showing job loss % greater than ...
silver space
  03/06/10
link? the other charts I see only go back to the post-WW2...
ivory electric garrison toilet seat
  03/06/10
why don't you link it? searching through that is a nightmare...
Flushed irradiated theatre reading party
  03/06/10
At least the 2nd derivative isn't negative anymore!
Arousing lilac box office
  03/06/10
lol just wait for the dip to dip deeper
ivory electric garrison toilet seat
  03/06/10
yes
odious godawful haunted graveyard
  03/06/10
This recession is the worst because instead of industries go...
Concupiscible range
  03/06/10
Post thieves! I demand justice. http://economix.blogs....
contagious nowag
  03/07/10


Poast new message in this thread



Reply Favorite

Date: March 6th, 2010 4:39 PM
Author: contagious nowag

http://www.businessinsider.com/chart-of-the-day-the-scariest-job-chart-ever-2010-3

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14314869)



Reply Favorite

Date: March 6th, 2010 5:10 PM
Author: boyish business firm twinkling uncleanness

Only 2 or 2.5 more years until we're out!

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315144)



Reply Favorite

Date: March 6th, 2010 5:11 PM
Author: Abusive azn

Holy shit things are scary when you look at them out of scale!

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315162)



Reply Favorite

Date: March 6th, 2010 5:13 PM
Author: boyish business firm twinkling uncleanness

Are you trying to suggest the trough is something other than approximately twice as deep as the next deepest trough?

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315186)



Reply Favorite

Date: March 6th, 2010 5:14 PM
Author: boyish business firm twinkling uncleanness

P.S. What's the right scale?

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315193)



Reply Favorite

Date: March 6th, 2010 5:16 PM
Author: Cowardly balding friendly grandma

Sure, because it'd be real easy to tell discrepancies between lines if the scale went from 0 to 1

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315206)



Reply Favorite

Date: March 6th, 2010 5:17 PM
Author: boyish business firm twinkling uncleanness

He thinks he's incisive because he had some sort of "media awareness" class at some point. Now, without really knowing what the fuck he's talking about, he spouts shit like "correlation, not causation" and "look at the scale!" as if he's saying something important.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315217)



Reply Favorite

Date: March 6th, 2010 5:19 PM
Author: Cowardly balding friendly grandma

Seriously. It's not the scale that matters as much as how our current recession matches up with previous ones, which is the point the OP was trying to make.

Also how FUCKED we are for jobs for at least 2-3 years based on previous recessions, and this isn't even including some double dip scenerio

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315231)



Reply Favorite

Date: March 6th, 2010 5:18 PM
Author: azure thriller immigrant

so that chart is saying we've lost 6% of american jobs and have not gained any of them back yet? super.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315221)



Reply Favorite

Date: March 6th, 2010 5:19 PM
Author: ivory electric garrison toilet seat

not really.

those other crises on the chart were nothing compared to the current one. OPEC, S&L, tech bubble, japan & european crises, etc, all seem relatively small time.

disclaimer, admittedly I know basically nothing about economics, but I find the comparison shown on that chart to be quite expected.

not saying we're not fucked, but I don't see that this provides any particular insight or even a dramatic revelation of perspective.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315226)



Reply Favorite

Date: March 6th, 2010 5:20 PM
Author: azure thriller immigrant

let me guess: you voted for obama?

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315233)



Reply Favorite

Date: March 6th, 2010 5:20 PM
Author: boyish business firm twinkling uncleanness

People thought the early-80s recession was a pretty fucking big deal.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315235)



Reply Favorite

Date: March 6th, 2010 5:31 PM
Author: ivory electric garrison toilet seat

of course, but isn't it fair to say that what we've got now involves both a greater magnitude and greater variety of serious systemic problems?

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315335)



Reply Favorite

Date: March 6th, 2010 5:29 PM
Author: ivory electric garrison toilet seat

well, like I said I know nothing about economics so maybe the comment just demonstrates cluelessness.

but, to clarify:

of course this is gigantic fucking deal. we're probably fucked. but didn't we know this already? my point was only that the chart is not surprising and doesn't "show" anything that hasn't been apparent for at least a year.



(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315325)



Reply Favorite

Date: March 6th, 2010 5:34 PM
Author: silver space

click on the other charts showing job loss % greater than the great depression



(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315367)



Reply Favorite

Date: March 6th, 2010 5:43 PM
Author: ivory electric garrison toilet seat

link?

the other charts I see only go back to the post-WW2 period, whose decline I would expect is explained by the cessation of debt-financed war spending.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315420)



Reply Favorite

Date: March 6th, 2010 5:44 PM
Author: Flushed irradiated theatre reading party

why don't you link it? searching through that is a nightmare

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315426)



Reply Favorite

Date: March 6th, 2010 5:45 PM
Author: Arousing lilac box office

At least the 2nd derivative isn't negative anymore!

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315429)



Reply Favorite

Date: March 6th, 2010 5:53 PM
Author: ivory electric garrison toilet seat

lol just wait for the dip to dip deeper

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315498)



Reply Favorite

Date: March 6th, 2010 5:50 PM
Author: odious godawful haunted graveyard

yes

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315469)



Reply Favorite

Date: March 6th, 2010 6:02 PM
Author: Concupiscible range

This recession is the worst because instead of industries going under, they just chose to outsource the jobs to deal with the recession. The outsourcing would've happened eventually the recession just sped up the process.

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14315557)



Reply Favorite

Date: March 7th, 2010 3:27 PM
Author: contagious nowag

Post thieves! I demand justice.

http://economix.blogs.nytimes.com/2010/03/05/comparing-this-recession-to-previous-ones-job-losses-8/

http://www.xoxohth.com/thread.php?thread_id=1243735&mc=12&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=1242943&forum_id=2#14322626)