Abbot and Costello on Unemployment v/ Out of Work

This is how Abbott and Costello would explain the Accounting System for unemployment.

COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's 9%.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 16%.

COSTELLO: You just said 9%.

ABBOTT: 9% Unemployed.

COSTELLO: Right 9% out of work.

ABBOTT: No, that's 16%.

COSTELLO: Okay, so it's 16% unemployed.

ABBOTT: No, that's 9%...

COSTELLO: WAIT A MINUTE! Is it 9% or 16%?

ABBOTT: 9% are unemployed. 16% are out of work.

COSTELLO: IF you are out of work you are unemployed.

ABBOTT: No, 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 my 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 stopped looking. They gave up. And, if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment rolls, 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 you get to 9%. Otherwise it would be 16%. You don't want to read about 16% unemployment, do ya?

COSTELLO: That would be frightening.

ABBOTT: Absolutely.

COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to just stop looking for work.

ABBOTT: Now you're thinking like an economist.

COSTELLO: I don't even know what the hell I just said! 

ABBOTT: Now you're thinking like a politician.

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What gadgets I use and why?!

Currently I am using the following products:

1. My Primary Phone: Huawei's Ascend P1 

A free gift from Huawei, I am a happy camper with this device... it is powerful enough to do my bidding without putting a hole in my data pocket! :) A fairly decent camera and good connectivity, I do not foresee this device being displaced in a hurry, unless I get a better phone gifted to me...

Here is how my phone looks (using stock photos) 

2. My Secondary Phone: Sony Ericsson J120i - wondering what this one is? 

Makes phone calls and receives them reallllly well... A full battery on just incoming and outgoing lasts for 3 days :) :) oh and SMS' too :P

3. Arnova 7 G3 - Google Uncertified, Android 7" tablet

This piece of technology was recently acquired purely from an entertainment perspective. Watch movies or listen to music in personal space (while my son sleeps) or while I am travelling.. I also intend to use it for presentations when needed for work (which is rare) - all in all - a basic buy for my simple needs!

Again very simple functionality with all the necessary frills to make it better but not to be confused with Nexus 7 :P

4. Acer Aspire 5552G

This is my home laptop - my gaming laptop - my pride and joy! Running an AMD Quad Core Phenom II X4 N950 processor, The ATI Radeon HD 5650 1GB graphics card, 4 GB of RAM, a 15.6 brilliant LCD screen, it is my gaming nirvana zone! :)

Mated with my Sony Bravia TV - this is my media centre complete with 2.1 Genius Subwoofer Speaker System!

What tech do you use?

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