He said, she said – semantics still caught up in the ’50’s mentality = NY Times – Over 50, Female and Jobless Even as Others Return to Work

Everyone is waiting on the ‘WORD’ whether the great recession of 2008 is passe or still in progress.

Ditto for job employment numbers where data is not only misleading, but criminal.

Typical type of HEADLINE NEWS is ‘ALMOST FULL EMPLOYMENT’ ‘INTEREST RATES GOING UP’ ‘MANUFACTURING GEARING UP’ ‘EXPORTS EXPLODING’ ‘IMPORTS DOWN’ YADDA YADDA YADDA AD NAUSEAM

YOU WOULD THINK WITH ALL THE SUPERCOMPUTERS AVAILABLE AT OUR FINGERTIPS THAT DATA SEGREGATION ON A FINE GRANULAR SCALE WOULD BE MORE THE NORM INSTEAD OF THE ‘BIG PICTURE’ ARE WE OR ARE WE NOT BACK IN THE BLACK ON ECONOMIC NUMBERS.

EVEN GDP TELLS EVERYONE DIDLEY SQUAT. THE PEOPLE WHO DECIDE EVERYDAY DETAILS THAT IMPACTS A LARGE PORTION OF THE POPULATION AND HOW THE ECONOMY FUNCTIONS AND SMOOTHLY AT THAT IS HORRIFIC. BANKS AND LENDING INSTITUTIONS THAT HAVE POWER OVER PEOPLE’S LIFE CHOICES AND OUTCOMES.

THE DATA MODELS NEED SERIOUS REVISION IN TERMS OF WHAT THEY ARE COMMUNICATING. AS IT STANDS NOT ONLY DOES IT SUCK, BUT IT TAKES ADVANTAGE OF PEOPLE BY THE FACT THAT ONLY A FEW IN POSITIONS OF POWER ARE THE ONES THAT BENEFIT FROM THE FUZZY OUTLOOK.

ONCE EVENTS HAVE PAST, THEN STATEMENTS SUCH AS ‘YAHOO THE RECESSION IS OVER AND IT’S FULL SPEED AHEAD’ IS TOO LATE, TOO LITTLE TO HELP.

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