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  • Economic Depression – The Truest Indicator of the Economy!

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    Economic Depression… are you one of the millions who have searched the Internet for help? According to a post at Politico, the brains behind our Government thinks that since the volume of searches for the term have dropped, the economy must be better!

    I wonder what will happen when these talking heads come out of their hole and look at how the real world, you know.. the 10% of citizens that are unemployed, the 20% that are un, or under employed, or how about the rest of us who are burning through savings faster than Micheal Jackson fans buying a copy of Thriller!

    Stop the Presses – We are Out of the Recession

    According to Larry Summers:

    The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.

    Obviously, Larry needs to step out and get a bit more insight to what middle class Americans are feeling. Even though a Google search volume metric may be down, he might want to look at some of the searches that are UP!

    Lets Jump into Google Trends

    Economic Depression vs Unemployment

    Oops – Missed on that one Larry! Link

    depression-versus-unemploy

    Economic Depression vs Part Time Job

    Yup – missed that one too – look like more people are looking for a part time job also! (link)

    dep-vs-ptjob

    Economic Depression vs Sell House

    Looks like more people are selling their homes, bucking the trend of several years, when it usually slows before now! (link)

    eco-house

    Economic Depression vs Bankruptcy!

    Last but not least… look how the search for bankruptcy has trended! Oops, going the wrong way Larry! (link)

    bankruptcy

    Bottom Line

    If our Gov’t is using google data to determine the state of the economy in the US – please tell me where to apply for a job!

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    1 response so far ↓

    • 1 Dylan // Aug 19, 2009 at 1:26 pm

      “If our Gov’t is using google data to determine the state of the economy in the US – please tell me where to apply for a job!”

      O.K. first you want to go to a psychiatrist and then tell that you’re hearing voices telling you to kill yourself then after you get the diagnosis quit taking the pills and go get on Supplemental Security Income. Once on it you will find an option to move into a group home, now take this option and when you get there call your state representatives office and tell him that you peed yourself on accident and want a job googling for the government.

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