Quote:
Originally Posted by minusonebit
heh, unemployment statistics. Do you even know how that number is calculated? If you did, you would not rely on it. The unemployment rate in the US is probably more like 30% right now, not the 5-7% or whatever they claim it is at. Yes, the data does support that conclusion. The statistics do not support the conclusion, and the statistics, you remember, are arrived at by playing with and manipulating the data to make it say what those in power want it to say.
|
Just because you don't like the government's statistics doesn't mean you get to make up your own.
Justify your 30% claim. (You can't because it's utter bullshit, but go ahead and try)
According to this
http://www.heritage.org/Research/Labor/wm456.cfm
The total number is reported by the government, it's called "U-4", but it's not the number the fed uses when making policy decisions.
The same way that the headline inflation rate, which includes oil and food prices, is reported by the government, but it's not the number the fed uses when making policy decisions.
Of course, I'm sure you think government inflation numbers are bullshit also, manipulated by the people in power so they can get reelected, and that 9/11 was an inside job right?