Thanks.
U3 U6 U9+ (shadowstats uses the same calculations as used to determine unemployment during Great Depression) it is generally accepted that unemployment during Great Depression was 23%-24%. Using the same calculation, we have been running 24%-26% for the last 7 yrs. Unemplyment is just now starting to go down.
Obama owns the Greater Depression.
ForYourChildren wrote:
Thanks.
“U3 U6 U9+ (shadowstats uses the same calculations as used to determine unemployment during Great Depression) it is generally accepted that unemployment during Great Depression was 23%-24%. Using the same calculation, we have been running 24%-26% for the last 7 yrs. Unemplyment is just now starting to go down.
Obama owns the Greater Depression.”
Thanks for those numbers !
And IIRC, the Great Depression lasted 7 years also...