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  • whybuythisnow whybuythisnow Apr 3, 2011 3:13 PM Flag

    Unemployment "Rate" Trickery

    Easy one imo. "The government says"... Do you believe everything you're being fed? I suppose we weren't in another "war," either in Libya.

    It's a bunch of bs. Don't be naive. The economy sucks. We're in a depression, not a recession. It's only "recovering" for the wealthy. We are in 3 wars (yes, still "involved' in Libya). The housing market has crashed and not recovering anytime soon because who's going to buy a house when you need to be mobile for any job in this economy (look at the booming rental market!)?

    Lots of "glass half full" nonsense being spewed. If the reality was bared then you'd see panic, chaos, calls for resignations. Do you think the government and media would allow that?

    And unemployment is about 20%, with over 20 million Americans unemployed or underemployed.

    Anything else?

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    • >>>Easy one imo. "The government says"... Do you believe everything you're being fed? <<<

      No, but I'm even less likely to believe uninformed posters who make provably wrong claims about how the unemployed are counted, and say ignorant stuff like "...people who's unemployment inusrance ran out and are no longer trackable are no longer counted, don't you?"

      >>>And unemployment is about 20%, with over 20 million Americans unemployed or underemployed.<

      Under employment isn't unemployment. And the total is for U-6, which includes the total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force, is 16.4%, not 20%.

      But I'm supposed to believe you, right? LOL

 
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