Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: jazusamo

I almost never disagree with Thomas Sowell but this sentence, “Franklin D. Roosevelt won his biggest landslide victory after his first term in office, during which the unemployment rate was never less than twice what it has been under Barack Obama” seems wrong to me. Yes, the REPORTED rate was twice as high under Roosevelt but the ACTUAL rate was probably about the same. What is being reported now grossly understates the true unemployment numbers.


6 posted on 04/30/2012 2:45:01 PM PDT by RipSawyer
[ Post Reply | Private Reply | To 1 | View Replies ]


To: RipSawyer
You make a valid point, Dr. Sowell is using the reported rate and most realize the true rate is not being reported.

Of course if he'd used a higher rate closer to the real rate the leftists would have screamed bloody murder in their letters to editors.

7 posted on 04/30/2012 3:01:17 PM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson