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Who on here agrees with Bernie?

TexMichFan

HB Heisman
Jul 13, 2002
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Yesterday Cigaretteman posted an article where Sanders stated the actual unemployment rate was 10%. Is this the right number or is Sanders really wrong since the official number is 5.1.

How could Sanders be so far off?
 
Yesterday Cigaretteman posted an article where Sanders stated the actual unemployment rate was 10%. Is this the right number or is Sanders really wrong since the official number is 5.1.

How could Sanders be so far off?
Bernie is more right than the 'official' number, which does not take into account those who have been unemployed so long they no longer receive unemployment benefits and are no longer included in the numbers.
 
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Yesterday Cigaretteman posted an article where Sanders stated the actual unemployment rate was 10%. Is this the right number or is Sanders really wrong since the official number is 5.1.

How could Sanders be so far off?

I would be surprised to find the actual number is that low.
 
Were Alex Jones and Drudge wearing their tinfoil hats when they said that?
and ron paul and rush and peter Schiff and everyone else who says the number is higher.... the real question is why would the libs lie and say it's so low when all we gotta do is drive around town and see all the homeless and workless folks all over the streets??
 
and ron paul and rush and peter Schiff and everyone else who says the number is higher.... the real question is why would the libs lie and say it's so low when all we gotta do is drive around town and see all the homeless and workless folks all over the streets??
The deal is both the Dems and Reps are ok with the unemployment numbers to be understated. They may not get re-elected if the public knew the real percentage.
 
The deal is both the Dems and Reps are ok with the unemployment numbers to be understated. They may not get re-elected if the public knew the real percentage.
are people really that big of zombies that they believe CNN and msnbc, when the truth is right in front of their eyes? yes, people are zombies.
 
Unemployment is not as bad as during the 70s but still terrible. It is actually close to 40%.

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are people really that big of zombies that they believe CNN, Fox News and MSNBC when the truth is right in front of their eyes? yes, people are zombies.

Implying that MSM (feels dirty to use this acronym) lets the truth in front of people's eyes before packaging it with their branding.
 
Yesterday Cigaretteman posted an article where Sanders stated the actual unemployment rate was 10%. Is this the right number or is Sanders really wrong since the official number is 5.1.

How could Sanders be so far off?
Sanders is right, or at least he's right in saying 10% is a lot closer to the truth than 5%. The latter figure ignores people who have given up trying to find work for one reason or another. Another statistic that's relevant to this discussion is work force participation, which is at its lowest point in about half a century -- that's the percentage of people of working age who are employed or seeking employment. And of course people with part-time jobs skew the numbers, too.

On the other hand, if the idea is to compare the current situation to previous years, you have to use the same standards, which is where the 5.1% comes into play.
 
The unemployment rate really is an incomplete picture. We have a lot of underemployed.

However its a complicated issue. We also have some jobs which are chronically underfilled. I know some businesses here who can't hire and finder welders. Now, a welder today requires CAD, etc. I think the Kirkwoods of the world are trying, but we need to match job demand up with training.

Plus, a lot of people would rather be a low level office worker than ANYTHING blue collar even if it pays a lot more. There is a perception that its a better job with more prestige if its in an office. Lots of low level information workers.
 
Yesterday Cigaretteman posted an article where Sanders stated the actual unemployment rate was 10%. Is this the right number or is Sanders really wrong since the official number is 5.1.

How could Sanders be so far off?
He's right, and he might even be understating it. The true unemployment number is rarely ever shown. Ol' Bernie. I tell ya.
 
Sanders is right, or at least he's right in saying 10% is a lot closer to the truth than 5%. The latter figure ignores people who have given up trying to find work for one reason or another. Another statistic that's relevant to this discussion is work force participation, which is at its lowest point in about half a century -- that's the percentage of people of working age who are employed or seeking employment. And of course people with part-time jobs skew the numbers, too.

On the other hand, if the idea is to compare the current situation to previous years, you have to use the same standards, which is where the 5.1% comes into play.

If you are judging the economic climate, trending seems more important to me than the actual numbers. Trending would require a consistent definition over time.
 
If you are judging the economic climate, trending seems more important to me than the actual numbers. Trending would require a consistent definition over time.
Yeah, if you're comparing one time period to another, it's meaningless if you don't use the same criteria.
 
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