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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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One commentator said Trump will be attacked on this, but I think it's a winner for Trump.

94 million Americans out of the workforce. People not counted if they give up. People segregated to 'disabled' who are, in fact, able bodied.

They completely cook the books.

1 posted on 09/28/2015 11:05:48 AM PDT by TigerClaws
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To: TigerClaws

People know they are unemployed even when the govt claims they aren’t.


2 posted on 09/28/2015 11:09:15 AM PDT by pfflier
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To: TigerClaws

Unemployment needs to be calculated by better means.

The public figure has become a joke, with only the government thinking it means anything any longer.

All it serves to do is put people on notice that our government is very corrupt.


3 posted on 09/28/2015 11:11:33 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: TigerClaws

Get ready for the lies.

Trump said he had HEARD from some economists it was up to 32%; some economists say it’s as high as 42%.

Economists declared those numbers. Trump didn’t just dream them up. Although most of us know the rate is far, far higher than is reported anyway.


4 posted on 09/28/2015 11:13:07 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: pfflier

But this is critical.

If there are 94 million CITIZENS out of work, why do we need 11, 20, 30 million illegals here?

It’s been stuck on 11 million now, according to the MSM, since before Obama got elected. So they even lie about the number of illegals here.

But if it’s 9, 12, 20, 40% unemployment, that fits the narrative of “build a wall and kick out those not here legally.”

The low unemployment is part of the lie from the left to support our no borders policy.

They (the elites) want a “North American Citizen” plan so that people can travel freely among all the countries. Open border.

It depresses wages, destroys our middle class, makes the super rich even richer, and with the illegals being allowed to vote puts Democrats into a permanent majority.


5 posted on 09/28/2015 11:13:16 AM PDT by TigerClaws
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To: MichaelCorleone

I hope the leftists attack him on this and the moderators at the next debate.

This is a BIG issue and a big win for Trump. He’s calling out the b.s. sunshine the MSM keeps pumping. I had some lib tell me last week we have a great economy.

The Democrat base voters (unions and blacks) are getting absolutely destroyed by open borders and illegals.

They’ll either vote for Trump or sit the election out. The only reason they were there was Obama’s skin color. Without that, they will be under 50% turnout next time around and many will cross over voting.

Trump is brilliant raising this issue. It’s a big winner.


6 posted on 09/28/2015 11:15:40 AM PDT by TigerClaws
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To: TigerClaws

he’s absolutely right. The figures are phony. We all know plenty of folks who left the workforce and never went back.


7 posted on 09/28/2015 11:17:46 AM PDT by Sacajaweau
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To: TigerClaws
40% unemployment seems high but I just did a mental calculation of immediate friends and family and I come up with 30% of them being unemployed at the moment. This includes my wife who was laid off from HP. So 50% in my immediate family!

I say let the Democrats attack this. They are going to look foolish. That 5-6% garbage they keep putting out there is a crock.

8 posted on 09/28/2015 11:19:40 AM PDT by SamAdams76 (A businessman gets things done with own money. A politician takes money and gets nothing done.)
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To: TigerClaws

Absolutely agreed.

I just ran into the son of a friend, fishing, last Sunday. Now, not to dispute that he has a problem (shoulder messed up by recent surgery mistake), but he’s basically saying “I can’t work again”, & wants to sue the Dr. on that basis, etc.

I’m saying to myself (as he talks about this) “WTF?”. This guy has limited motion of his shoulder (I’d say he has at least 60% strength and range of motion), appears to have no pain, and rehab could probably regain most of the strength. Yet his 1st option is to sue for disability on the basis he “can’t work” for the rest of his life. But he can drive, and fish, just fine! (I guess he got this from his Dad, who did the same d*** thing.) (I can’t criticize his Mom, she’s one of the hardest working friends I know.)

Despite being the son of a friend, I hope he loses the suit.

But, back to your main point, yes, Trump SHOULD attack the phony numbers. Most people will know he is right.


9 posted on 09/28/2015 11:20:16 AM PDT by Paul R.
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To: TigerClaws

There are plenty of people between 18 and 65 who legitimately don’t want a job. There are college students, retirees, and housewives, for example.


10 posted on 09/28/2015 11:20:34 AM PDT by proxy_user
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To: TigerClaws

And net jobs created since the financial crisis has gone to immigrants.


11 posted on 09/28/2015 11:21:28 AM PDT by Rusty0604
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To: TigerClaws
7-3-14

OBAMA'S 'DOCTORED' JOBLESS RATES MASKS DANGER

The Bureau of Labor Force announcement that unemployment dropped from 6.3 percent in March to 6.1 percent in April was partly attributable to the more than 92 million Americans classified as out of the labor force, reducing the labor participation rate to 62.8 percent, a historic low dropout rate that has remained the same since April.

That's 37.2 Unemployment for July last year.

12 posted on 09/28/2015 11:21:51 AM PDT by TexasCajun (#BlackViolenceMatters)
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To: TigerClaws

Do keep in mind that not everyone of te 94,000,000 who do not work outside the home are “unemployed”. My wife stays at home and homeschools our three children. She, and millions of other home-makers should not be pressured to work outside the home to be regarded as socially meaningful.


13 posted on 09/28/2015 11:23:03 AM PDT by Dr. Sivana (There is no salvation in politics)
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To: pfflier

And for every person who is unemployed, there are two or three people who are underemployed, and every person who is fully employed has seen their real wages fall for several years.

These people aren’t stupid; they know what the score is.

Like immigration, this issue is a winner.


14 posted on 09/28/2015 11:24:06 AM PDT by henkster (Liberals forget Dickens' kids forged an Empire on which the sun never set.)
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To: Dr. Sivana

Point well taken.

Let’s look at 94 million adults not in the work force. Stay at home moms, students, those legitimately disabled.
We also have 3 million in prison and those making a living ‘off the books.’

I’d guess 15-20% is the real unemployment number.

It’s obvious the 5-6% is cooking the books.


15 posted on 09/28/2015 11:25:40 AM PDT by TigerClaws
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To: TigerClaws
They completely cook the books.

I think it's Trump that is cooking the books on this one. According to the Bureau of Labor Statistics there are 261 million people in this country over the age of 16 who are not in the military and not institutionalized. Of those, 157 million are employed. So the difference between the two is where the 94 million figure comes from; 94 million people over 16 who are not in the military or an institution and who are not employed. About 37%. Now of that 94 million, how many are between 16 and 18 and still in high school? How many are between 18 and 22 and in college? How many are over 62 and are retired? How many are out of the work force by choice; stay-at-home moms and the like? How many are medically unable to work? Until you factor those in then how can Trump or you or anyone say the unemployment rate is 40%?

16 posted on 09/28/2015 11:25:56 AM PDT by DoodleDawg
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To: TigerClaws

Trump is hated by all establishment politicians b/c he actually speaks truth unashamedly.

I hope hes got armored unides on.


17 posted on 09/28/2015 11:26:35 AM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: DoodleDawg

Another hit post by the DoodleDawg poop.


18 posted on 09/28/2015 11:27:01 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: TigerClaws

He’s absolutely right when you factor in discouraged workers. I’ve done the math.


19 posted on 09/28/2015 11:27:11 AM PDT by Viennacon
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To: TexasCajun

The Labor Force isn’t even calculated correctly. If you are unemployed but not eligible for unemployment benefits you don’t count Just like ObamaCare caused employers to cut workers to 29 or 30 hours, unemployment rates for employers has caused employers to make jobs seasonal so employees can’t get enough weeks or money.


20 posted on 09/28/2015 11:27:18 AM PDT by DrDude (Does anyone have a set of balls anymore?)
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