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Trump: Unemployment Rate As High As 40%
Real Clear Politics ^

Posted on 09/28/2015 11:05:48 AM PDT by TigerClaws

At Trump Tower, only a few blocks away from the meeting of world leaders at the United Nations, GOP presidential frontrunner Donald Trump announced his new plan to reform the U.S. tax code. After the main announcement, he took questions from the press.

On how his plan would address income inequality:

TRUMP: In terms of income inequality, we're going to create a lot of jobs. You know, right now we have a false [unemployment rate] 5.4%, 5.3%, 5.6%, every month it is different. It is such a phony number. Because when people look and look and look and then they give up looking for a job, they're taken off the rolls so the number isn't reflective.

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections; US: New York
KEYWORDS: 2016election; election2016; employmentrate; newyork; obamarecession; obamataxhikes; taxcuts; taxreform; trump; unemployment; unemploymentrate; unenjoyment
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To: DoughtyOne

Government and their msm propagandists, you mean.


21 posted on 09/28/2015 11:27:19 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: TigerClaws

At the very beginning of Reagan’s first term, the Today show had some labor expert and the Today show talking head was commenting and asking about the unemployment rate.

The Labor guy said this along these lines”
“If a person is unemployed the that persons real rate is 100%”.

Pretty much summed it up in a nut shell and I never forgot that.


22 posted on 09/28/2015 11:27:43 AM PDT by shotgun
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To: TigerClaws

Again he is simply saying what many millions of people have thought 100 times about the fake unemployment rate.

He has an amazing ability to unmask popular lies.

GO TRUMP...!!


23 posted on 09/28/2015 11:27:48 AM PDT by gaijin
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To: TigerClaws

The only potential issue I see with this is that it implicates both parties, especially those in the Congressional majorities. If the real UE numbers are up, why aren’t the Republicans investigating this? The Obama administration is reporting and taking credit for reducing the UE rate; why aren’t these numbers challenged? Is the method wrong? Find out why, and fix it.


24 posted on 09/28/2015 11:29:01 AM PDT by Lou L (Health "insurance" is NOT the same as health "care")
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
earlier position paper: sidebars:
25 posted on 09/28/2015 11:29:43 AM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW)
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To: TigerClaws

he’s right on!

outside of several specialized fields (and some retail), there are basically NO jobs for people who want to work....even in supposedly ‘properous’ areas...

Trump is also right about many of our jobs having moved (and are still moving) to China and Mexico, etc.

This is not entirely due to the causes Trump says, but the result is the same ... and whoever we elect has to correct this problem. It is destroying America ....
as the youth cannot get employment...(so they go criminal, go on welfare, or run up educational loan debts they will never repay).


26 posted on 09/28/2015 11:30:07 AM PDT by faithhopecharity (Brilliant, funny, and incisive Tagline coming to this space soon.....)
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To: TigerClaws; kabar

SOME of those 94 million are legit: Students, housewives home schooling (should really be counted as a job!), etc.

But as kabar has illustrated well on FR, employment and wages, especially for the middle class, in the US, is a train wreck.

Trump should push the connection with “immigration”, hard. It affects a LOT more people than crime committed by illegals.


27 posted on 09/28/2015 11:30:39 AM PDT by Paul R.
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To: Secret Agent Man

Certainly...

The FoxNews Business report spot on Trump’s tax plan, poked fun at his 40% figure.

He’s right. They are wrong, and they played it off as if he didn’t know what he was talking about.

He certainly does.


28 posted on 09/28/2015 11:32:20 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: central_va
Another hit post by the DoodleDawg poop.

Show me where I'm wrong.

29 posted on 09/28/2015 11:32:25 AM PDT by DoodleDawg
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To: proxy_user

IF A MAN WON’T WORK, NEITHER LET HIM EAT

Because the government doesn’t always follow Biblical principles, sometimes those who are unwilling to work are still provided food, shelter, and clothing.

This is hard for Christians to understand. Paul wrote to the Thessalonians, “For even when we were with you, we used to give you this order: if anyone is not willing to work, then he is not to eat, either. (2 Thess. 3:10)”

There has always been the expectation that able-bodied people work and provide for themselves. Those who can work but won’t are a burden on everyone else.
“3 The LORD will not allow the righteous to hunger, But He will reject the craving of the wicked.
4 Poor is he who works with a negligent hand, But the hand of the diligent makes rich.

Christians, who are characterized by generosity, are under no obligation to feed those who won’t work. It might seem heartless and difficult to follow, but lazy people don’t learn their lesson if they are continually supported and excused for bad behavior.

If God rejects the craving of the wicked, so should we.

OUCH!

That’s hard to write, but it’s true.


30 posted on 09/28/2015 11:34:56 AM PDT by 100American (Knowledge is knowing how, Wisdom is knowing when)
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To: DoodleDawg

I will answer any question when you answer the question about the repeal of DADT. Are you in favor of openly gay persons serving in the military? Yes or No.


31 posted on 09/28/2015 11:36:30 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: TigerClaws
We need an accurate way to measure the underemployment rate, though it is difficult to do. That seems to be the real issue.
32 posted on 09/28/2015 11:37:06 AM PDT by Mr. Jeeves (Heteropatriarchal Capitalist)
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To: TigerClaws

Nobody can doubt that the economy has been gutted by OZero. Remember 2008? Wall Street went into a panic once it was clear that the Kenyan national was ahead in the polls.

Lending stopped. Investing stopped. What could have been a small setback for the economy turned into a catastrophe. We lost Lehman Brothers and millions of jobs just in anticipation of OZero’s neo-Maoist policies.

Since then, things have only gotten worse.


33 posted on 09/28/2015 11:37:31 AM PDT by GodAndCountryFirst
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To: GodAndCountryFirst

Now the oil industry is getting hammered. Obama won’t protect our country in any way shape or form.


34 posted on 09/28/2015 11:38:24 AM PDT by TigerClaws
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To: DoodleDawg; kabar

A lot of the categories you “discount” are there in big numbers precisely because the employment & wage situation IS so bad. “Might as well go back to school / stay in college / retire / “stay home” / see if I can get by on disability / etc. when the opportunities are so cr***y”, and the support system so benevolent.

Also, look at that 157 million “employed” a little harder. MANY are underemployed, though technically employed, and beyond that, wages for most are performing very badly.

Again I reference Kabar’s posts of the data (maybe he’ll repeat some here.)


35 posted on 09/28/2015 11:43:11 AM PDT by Paul R.
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To: DoodleDawg
how can Trump or you or anyone say the unemployment rate is 40%?

Trump did not make it up. He has been referencing this July 1 analysis since he entered the race:

David Stockman Says Unemployment Is Really 42.9 Percent

36 posted on 09/28/2015 11:43:13 AM PDT by M. Thatcher
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To: TigerClaws
If there are 94 million CITIZENS out of work, why do we need 11, 20, 30 million illegals here?

Incorrect. There are 94Mil who are not even in the labor force. You would have to add the additional people who are unemployed, as well as the number of people under 16, to get the actual number of citizens not working.

Also, those numbers don't include people who are working alot less than they want/need to. If you made money during the week, you are counted as having a job. 100%.

To summarize, the employed are:
All those who did any work for pay or profit during the survey reference week.
All those who did at least 15 hours of unpaid work in a business or farm operated by a family member with whom they live.
All those who were temporarily absent from their regular jobs because of illness, vacation, bad weather, labor dispute, or various personal reasons, whether or not they were paid for the time off.


BLS faq - How the Government Measures Unemployment
37 posted on 09/28/2015 11:44:28 AM PDT by Svartalfiar
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To: DoodleDawg

May suggest you not count of the BLS, they have lied consistently.
So I refer you to John Williams site: http://www.shadowstats.com/

There is plenty of information there.


38 posted on 09/28/2015 11:46:55 AM PDT by Captain Peter Blood
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To: MichaelCorleone
Trump said he had HEARD from some economists it was up to 32%; some economists say it’s as high as 42%.

Since they have everyone's SS Number they know exactly how many people have weekly withholdings from their pay check, so they know exactly how many people are working just subtract that number from the work pool and wallah, you have the real percentage.

39 posted on 09/28/2015 11:47:01 AM PDT by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: Lou L
If the real UE numbers are up, why aren’t the Republicans investigating this?

I believe the one word answer is "GOPe". Or "uniparty" if you prefer.

40 posted on 09/28/2015 11:47:16 AM PDT by Paul R.
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