GWV5903
Gold Member
The problem with using U6 is that it was never used during the Bush Administration so people don't have a relative idea of what it should be that they can use as a comparison. This leads to people arguing over Bush having 5% unemployment and Obama having 15.1% because they don't realize it's two different measurements.
If you want to use U6, I'm on board. Just everyone should know it was over 10% in 2003 and 14.2% when Obama took office.
Fine....except that it was 11.8 in October of '08, the end of the Bush term, and up to as much as 17% under Obama.
That means a 44% increase in unemployment under 'The One.'
Did you take a gander at the constant increase in unemployment as a result of the so- called "Stimulus"?
[ame=http://www.youtube.com/watch?v=buRO9TSlScQ]Joe Biden calls Jon Corzine for Advice Again - YouTube[/ame]
"The first guy I called"..... Jon"The MF Global BK King" Corzine..... "The smartest guy I know"......"You see I don't know too many smart guys.....but this fellow here had the same plan we did"....
Basically folks it's one or the other, you're dumb as shit and we know it or we don't give a shit and we are going to shove it up your ass whether you like it or not...
Get it....