Says it all...

Says it all...

Friday, March 7, 2014

RightWing Unemployment Ploys

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.
Chip Shirley

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