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To: 1010RD; jiggyboy
Unemployment is less than it was in ‘92 —defined as workers looking for work.

Ah that’s the denial

If you're not denying the facts then you may not know that this WSJ Obama suckup is trying to make unemployment look twice as bad as it is so Obama can raise taxes.   

The BLS puts standard unemployment at 7.6% by dividing the number of laid-off job seekers (11,606,000) by all workers with or without jobs (153,716,000).  The Obama suckups need a higher number to justify a taxhike, so they use the BLS U6 numbers that count folks who don't want work enough to actually look for it.  What happens is for every 100 people that may or may not be bothering to look for work, there are almost 14 that don't have jobs.  This almost doubles the 7.6% of those willing to seek a job.

Happy April 15th everyone!

36 posted on 02/09/2009 5:34:47 AM PST by expat_panama
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To: expat_panama; jiggyboy

You mean we are being manipulated? ;-]


38 posted on 02/09/2009 6:40:53 AM PST by 1010RD (First Do No Harm)
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