Entries in Humor (136)
The Answer is Here!
I did not really explain MMT, Modern Monetary Theory, when I talked about it on Saturday. In preparation for this blog post I watched a few YouTube videos and concluded that it was true. MMT teaches that the way to economic prosperity and full employment is to print enough money and spend prosperity into the economy. There is no limit to the amount of money we can give our hard-pressed people. Happy Days are here again.
Former Vice President Dick Chaney was right, deficits don't matter. The obvious thing to do is print more money. There is no need to cut Social Security or Medicare. We can afford our empire with just throwing a few switches at the Department of Treasury.
Here is an interview with one of the founders of the movement, well no not really, it is just fun.
Not convinced? Here is another presentation without crash dummies. No one this pretty could be wrong.
Financial salvation has arrived at the cost of a few trees for the paper. No doubt a few virtual trees will be cut as well.
Think of it! We have the chance to dwell in the Garden of Eden again. The Kingdom of God is just a few runs of the printing press away. Prosperity beyond our wildest dreams is just around the corner. We have found the pot of gold at the end of the rain ... oh, wait, never mind, that is a bad analogy.
Jesus has returned in the Form of the New Economic Perspectives.
Amen.
Mission Impossible
One of my favorite songs, so I always like to see a different version.
Stairway to Gilligan
One of my novelty favorites. More about boats tomorrow.
Abbott & Costello's What's the Unemployment Rate?
COSTELLO: That many people are out of work?
ABBOTT: No, that's 14.7%.
COSTELLO: Okay, so it's 14.7% unemployed.
ABBOTT: No, that's 7.8%.
COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%.
ABBOTT: 7.8% are unemployed. 14.7% are out of work.
COSTELLO: IF you are out of work you are unemployed.
ABBOTT: No, Obama said you can't count the "Out of Work" as the unemployed. You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!!
ABBOTT: No, you miss his point.
COSTELLO: What point?
ABBOTT: Someone who doesn't look for work can't be counted with those who look for work. It wouldn't be fair.
COSTELLO: To whom?
ABBOTT: The unemployed.
COSTELLO: But they are ALL out of work.
ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.
COSTELLO: So if you're off the unemployment roles that would count as less unemployment?
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment just goes down because you don't look for work?
ABBOTT: Absolutely it goes down. That's how the current administration gets it to 7.8%. Otherwise it would be 14.7%. Our govt. doesn't want you to read about 14.7% unemployment.
COSTELLO: That would be tough on those running for reelection.