Quote:
Originally Posted by sck5
"pre clinton era calculation"?
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Up until the Clinton administration, a discouraged worker was one who was willing, able and ready to work but had given up looking because there were no jobs to be had. The Clinton administration dismissed to the non-reporting netherworld the mega-millions of discouraged workers who had been factored-in up until that point. The Clintons also used statistical camouflage to manipulate-down the 'self-employed out of work' number.
Therefore, we must always reanalyze the faked government numbers using the pre-Clinton era methodology. Doing so finds that the current unemployment rate hovers between 13.5 per cent and 18 per cent (using two different data sets and formulae).
(The Clinton administration also reduced monthly household sampling from 60,000 to about 50,000 to make their numbers look better. With malice aforethought this move specifically eliminated significant surveying in the inner cities. Without the inner-city data, suddenly blacks enjoyed better economic health than before (surprise!), giving Clinton credit for a joyous renewed enthusiasm for the American Dream even as the reality hidden in the ghettos and barrios was quite different. Then, just prior to leaving office, the shifty and slick Clintons successfully set into motion reestablishing the full 60,000 survey for the benefit of the Bush administration's monthly household survey!)