Turns out Traitor Joe's Jobs Numbers Are Fake

Our system of determining unemployment stats is the same as they have been for decades. The point is to compare them year after year to see if the employment rate is going up or down. There are at least 5 methods of tracking the economy. The idea is to use the same one to make that comparison valid. The argument that unemployment is higher than the numbers used is an old one. The one they use serves the purpose of tracking unemployment trends.
 
Our system of determining unemployment stats is the same as they have been for decades. The point is to compare them year after year to see if the employment rate is going up or down. There are at least 5 methods of tracking the economy. The idea is to use the same one to make that comparison valid. The argument that unemployment is higher than the numbers used is an old one. The one they use serves the purpose of tracking unemployment trends.
The U3 is and always has been a shitty way to determine unemployment. The labor utilization rate is far better and on that measure it's the lowest right now since about the 1960's.

US-employment-nonfarm-2023-01-06-labor-force-participation-rate.png
 
It wasn't shitty then, well until Chinese disease showed up...
Trump was handed over a growing and vibrant economy by Obama. Trump did nothing on the economy, but brag that it was his doings. It wasn't for at least 2 years in ,that he cut taxes for the wealthy and corporations. That greatly exacerbated the wealth gap. He made the biggest jump in the deficit that any president did. He cranked it up by 9 trillion. Trump built nothing. He just made the rich more wealthy.
 
Back
Top