Posted On: 10/13/2016 11:45:30 AM
Post# of 65629
No one is disputing this. The same relationship to reported unemployment has existed in all administrations since '67
The points are that the government DOES report these numbers, you were wrong in stating that they didn't, and the GOP pays no attention to them during GOP presidencies.
Romney was not promising to get the U-6 unemployment rate down, but rather the more widely used number down to 6%. Somewhat unambitious, considering.
But I'll bet the GOPER'S would be celebrating President Romney's 6% unemployment while enthusiastically plumping for his re-election right about now!
The points are that the government DOES report these numbers, you were wrong in stating that they didn't, and the GOP pays no attention to them during GOP presidencies.
Romney was not promising to get the U-6 unemployment rate down, but rather the more widely used number down to 6%. Somewhat unambitious, considering.
But I'll bet the GOPER'S would be celebrating President Romney's 6% unemployment while enthusiastically plumping for his re-election right about now!
Quote:
"The U-6 rate remained unchanged at 9.7 percent in May. The U-6 rate is defined as all unemployed as well as "persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the labor force." That means the unemployed, the underemployed and the discouraged.Jun 3, 2016"
Read More: http://investorshangout.com/post/view?id=4111...z4MypcaWOL
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