Real Unemployment is 14.4%

Discussion in 'Politics' started by Lumpy 1, Dec 8, 2012.

  1. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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  2. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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  3. Polk
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    Polk Classic

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    I do love your guys gusto in coming up with new "real" measures for unemployment.
     
  4. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    Thanks....smarty pants..:lol:
     
  5. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    You're welcome, mon cher lumpecito.
     
  6. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    That's nice of Ya..it's a pleasure to help out and to be appreciated for it.....:wink_2:
     
  7. Pogo
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    Pogo Diamond Member

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    Exactly -- if you're gonna come up with a whole new scale, you have to redo all the numbers in history so we have something to compare your bogus nu...uh, your new scale to.

    When you've done that I'll tell you all about my new "metric time". Ten hours in a day, ten days in a week. You'll love it.
     
  8. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    What's funny is that the two of you don't realize that Lumpy is referring to U6 unemployment, an official statistic provided by the United States Bureau of Labor Statistics. They calculate a few different levels of unemployment. It wouldn't hurt you to edumacate yourselves.
     
  9. Polk
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    Polk Classic

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    Like The Simpsons episode were Mayor Quimby flees and the town is governed by the "enlightened council".
     
  10. Polk
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    Polk Classic

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    I know he's referring to U6. The problem for your talking points is that that it's no more of a "real" measure than U3 is. In fact, it's a poorer measure in the sense that it counts people who have jobs, but just wish they had more hours.
     
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