Cheney on economic numbers: Don’t forget about eBay

http://www.qctimes.com/internal.php?story_id=1034852&t=Business&c=31,1034852
Quad-City Times:
Indicators measure the nation’s unemployment rate, consumer spending and other economic milestones, but Vice President Dick Cheney says it misses the hundreds of thousands who make money selling on eBay.

“That’s a source that didn’t even exist 10 years ago,” Cheney told an audience in Cincinnati on Thursday. “Four hundred thousand people make some money trading on eBay.”

San Jose, Calif.-based eBay Inc. is an Internet auction site where anyone can sell just about anything, including clothing, cell phones, jewelry, memorabilia, trinkets and automobiles.

Democratic vice presidential candidate John Edwards responded that Cheney’s comments show how “out of touch” he and President Bush are with the economy.

“If we only included bake sales and how much money kids make at lemonade stands, this economy would really be cooking,” Edwards said in a statement.
This is a real story. Is Cheney now moonlighting for The Onion?
.
2,476 views 5 replies
Reply #1 Top
Still makes sense though, people forget about sites like Ebay and the rest, when they go on and on about Job Losses, hehehe.
Reply #2 Top
Well, there has to be some reason the unemployment rate is the same as it was in 1994.

Cheers,
Daiwa
Reply #3 Top
Well do they even count those jobs, or do they just count jobs of people who are listed on a County/State Welfare Roll as being employed?
Do they count them at all those who are self-employed (Ebay, etc.), and are they listed on that Roll as being employed or unemployed?
Reply #4 Top
Dick Cheney needs to come here and find a job...I can honestly say at this point that I literally can't get work in this town.
Reply #5 Top

Dick Cheney needs to come here and find a job


unless you have a local company thats positioned to become a huge government contractor and needs a former secretary of defense willing to do business with terrorist nations--no former real-world business experience needed--to head its board of directors and act as ceo, i doubt hell find anything either.