Many of the 14 people who actually watched the movie 'Idiocracy', the flop released in 2006, recall the plot: a dullard is given a top secret hibernation treatment, and things go awry and he wakes up 500 years into the future, where he is the smartest person on earth. Seemingly, in those 500 years, people just got dumber and dumber, and in the fullness of time everybody on earth became idiots.
I find that plot entirely plausible in the here and now. We just got Bureau of Labor Statistics figures putting the U.S. unemployment rate at 8.3% in January, 2012, down a fraction from December's reported 8.5% (also a dubious figure) despite the economy dropping around 2.5 million jobs from December to January. The BLS cites 'seasonal adjustments' as the reason that this lower number makes any sense.
Sure, it makes sense to idiots. No matter how you do the math, that kind of unemployment rate is simply nonsense. But, fortunately for President Obama, the majority of voters in the U.S. seem satisfied with this number, and the Dow Jones Industrial Average shot up 150 points on this 'great' news. I am surrounded by morons, cretins, neanderthals, idiots, simpletons and fools.
I must be the smartest person in the U.S. right now. I must be living a real live 'Idiocracy' in the here and now.
Just on its surface, that BLS figure of 8.3% is ludicrous. Just look around you. Step outside your own front door and take a look left, and then right: how many of your neighbors are unemployed? How many 'For Sale' signs are there in the yards to the left and right of you? A lot, I would wager. And of those houses for sale in your neighborhood, how many of those are the result of foreclosures, owing to the previous owners' losing their jobs, and were subsequently no longer able to service their mortgages? More than you might think, I would also wager.
Take a trip to your local mall. Take a look around at how many vacancies there are in that mall. A bunch, I would bet. Does it feel like we are in a roaring recovery? It sure doesn't to me.
But then again, since I am the smartest person in the U.S., I am out of touch with how things appear to the run of the mill idiot that believes the BLS figures, or anything President Obama says on anything.
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