Quote:
Originally Posted by Fast Gunn
Just look around and you will see that things are generally improving!
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By any measure the jobless rate is above 8% and the "actual" rate when factoring in the underemployed is above 11% and almost 12% when one includes those who are out of work and want a job regardless of whether they were looking for one or not.
It is in the interest of the current administration to "adjust" the numbers to defect attention away from the reality and publish the stats BEFORE the data is "seasonally" adjusted or examined critically.
In the fall of 2000 (September) the incumbent administration (BLS) revised the method used in computing the numbers of persons in the work force to a point that the labor unions got upset because the actual unemployment was much higher than reflected ... in fact if you look at the historical figures you will see the footnotes indicating the change AND you will see the same figures posted 2 months in a row.
And how about those gasoline prices .... that's getting better too!
FYI: I want the economy to improve regardless of who occupies the WH. As far as I am concerned it is an "a-political" issue ... this country's economy is a matter of national security as far as I am concerned, and that is non-partisan.
But to say things are getting better is propoganda for almost 19 million peopel in this country who are unemployed and want a job, and now they get saddled with almost $4 a gallon to go look for one.