1. Obama Cheats on How Unemployment is Calculated.
NO-The way the unemployment rate is calculated was most recently changed by the REAGAN and CLINTON administrations so that it no longer reflects those who have dropped out of the job market HOWEVER this point was never mentioned by conservatives until President Obama came into office and now when Fox etc. does mention that fact they don't put it in context and thereby insinuate that this is a new way of calculating the unemployment rate which was begun by the Obama administration but IT WAS NOT. The unemployment rate today is calculated in the exact same fashion it was during the W Bush administration.2. How Can We Have More People Not Working, But Lower Unemployment?
Simple, with baby boomers retiring the US now has a the highest % of retired people we've ever had and it's rising! That is how we can have more people not working and lower unemployment.
http://PatrioticEconomics.blogspot.com/
You're an idiot. We're not talking about retired people, we're talking about people that were actively looking for work and have given up.
ReplyDeleteAll we need now is a few million more illegals coming across the border to drive the nail in the coffin of the American worker. Hey! let's give them amnesty, have the government dictate what they get paid, force them to join a union so the union will get rich and funnel money to democrats so democrats can write laws that force more people into unions so unions will get richer and give more money to democrats!
It's the American way! Corruption!