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Bernanke just now: "Between 5%-6% unemployment is what we consider to be "Full Employment"
cnbc,various | 6-19-13 | Tcrlaf

Posted on 06/19/2013 12:08:47 PM PDT by tcrlaf

Bernanke just now during his post-FED Meeting presser:

"Between 5% and 6% unemployment is what we consider to be "Full Employment"".

Remember when Nancy Pelosi and the TV told you that 4.3% Unemployment (1.8% in Indiana at the time) was "THE WORST ECONOMY SINCE THE GREAT DEPRESSION!!!" under Bush?


TOPICS: Business/Economy
KEYWORDS: bernanke; economy; fed; sheeple; vanity
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To: tcrlaf

Is that U3 or U6 using the models back from the Reagan days? Because if so Helicopter Ben you need to get from your Current 15% unenjoyment to a real number of 5%, that means get of your @$$ and get crackin to make some jobs...


41 posted on 06/19/2013 12:50:47 PM PDT by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: tcrlaf

Depends what your definition of unemployment is? is is, Clinton


42 posted on 06/19/2013 12:54:23 PM PDT by showme_the_Glory (ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
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To: tcrlaf

So by this measure, Bush may be the most economically successful of all presidents. Unemployment was under that range for almost his entire term.


43 posted on 06/19/2013 12:57:16 PM PDT by ilgipper (Obama is proving that very bad ideas can be wrapped up in pretty words)
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To: tcrlaf

Epic Fail.

END THE FED NOW


44 posted on 06/19/2013 1:17:56 PM PDT by gotribe (Limit The Government's Right To Bear Arms)
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To: tcrlaf

Talk about low standards. Typical liberal, redefine excellence as something unacceptable.

Liberals always have big mouths and mouth off but always under deliver.


45 posted on 06/19/2013 1:21:30 PM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: tcrlaf

It used to be 4 percent was consider full employment. Is this a little re-writing of history?


46 posted on 06/19/2013 2:14:49 PM PDT by SECURE AMERICA (Where can I go to sign up for the American Revolution 2013 and the Crusades 2013?)
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To: tcrlaf

Gee during the Bush years when unemployment was between 4-5% we were told it was the worst economy since the Great Depression. Now unemployment is hovering around 9% and we are told things are great economically.


47 posted on 06/19/2013 2:22:49 PM PDT by The Great RJ
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To: tcrlaf

First of all, Pelosi wouldn’t know real employment if you hit her over her bugeyed head with it. She understands being on the public dole, lying sacocrap welfare queen that she is.

Second, there are a lot of people working part time jobs, or two part time jobs that pay less than the full time jobs they used to have. This is Obama’s America, and it is going to get worse, much worse when Americans discover they can’t afford Affordable Healthcare.


48 posted on 06/19/2013 2:50:25 PM PDT by pallis
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To: tcrlaf

From the man who wants to throw money out of a helicopter, so not a surprise.


49 posted on 06/19/2013 3:58:52 PM PDT by Sam Gamgee (May God have mercy upon my enemies, because I won't. - Patton)
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