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That was debunked a long time ago. Stockman demonstrated some serious innumeracy, which you rubes guzzled down because it rhymed with your biases.U6 (the real deal) is 9.9% Thanks for nothing Obungles
David Stockman wrote a very good article where he demonstrated the true unemployment rate is around 42.9%.
"Stockman cites the number of 210 million adult Americans, who if they worked 2,000 hours per year, or about 40 hours per week, would deliver 420 million labor hours per year. When compared to the 240 million labor hours per year reported by the Bureau of Labor Statistics, the total workforce of the country is delivering 57.1 percent of those 420 million labor hours, and otherwise stated, 42.9 percent of those hours are not being delivered. Therefore, the calculation of unemployment by this measure is 42.9 percent."
Well if the economy was that fucked up when Obama came to office, obviously it matters what progress we have had since then. Don't you think?That's still lower than Bush's rate lolU6 (the real deal) is 9.9% Thanks for nothing Obungles
BBBB BUUUUTTTTTTT BOOOOOOOOOOOOOOSH!!!!!! So tiring and so old
U6 (the real deal) is 9.9% Thanks for nothing Obungles
David Stockman wrote a very good article where he demonstrated the true unemployment rate is around 42.9%.
"Stockman cites the number of 210 million adult Americans, who if they worked 2,000 hours per year, or about 40 hours per week, would deliver 420 million labor hours per year. When compared to the 240 million labor hours per year reported by the Bureau of Labor Statistics, the total workforce of the country is delivering 57.1 percent of those 420 million labor hours, and otherwise stated, 42.9 percent of those hours are not being delivered. Therefore, the calculation of unemployment by this measure is 42.9 percent."
You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
Exactly ...the middle class jobs have been and are still being laid off and not replaced.LIAR!$14 Trillion in new debt under ObamaU-6 includes people who ARE employed.The U-6 rate has NEVER been the "real" unemployment rate.
LOL So those people are not unemployed? Wall St looks at the U6 not the U3
What? LMAO
you think they used chicken s---- to bail our country out of the greatest financial calamity since the depression??
Sadly, most of that money went to fund the decade long war and give the rich some more massive tax breaks. We gained very little in any area that advances this nations poor and middle class.
It isn't like the republicans care.
The fact that Obama allows these tax breaks from hell to stand proves that he could of done better.
Anyone claiming the "true unemployment rate" stands at 42% or anywhere close to there is really pushing something absurd.U6 (the real deal) is 9.9% Thanks for nothing Obungles
David Stockman wrote a very good article where he demonstrated the true unemployment rate is around 42%.
"Stockman cites the number of 210 million adult Americans, who if they worked 2,000 hours per year, or about 40 hours per week, would deliver 420 million labor hours per year. When compared to the 240 million labor hours per year reported by the Bureau of Labor Statistics, the total workforce of the country is delivering 57.1 percent of those 420 million labor hours, and otherwise stated, 42.9 percent of those hours are not being delivered. Therefore, the calculation of unemployment by this measure is 42.9 percent."
Did you read what I cited? There is nothing absurd about it.
Anyone that thinks the unemployment rate is 5% is nuts.
U6 (the real deal) is 9.9% Thanks for nothing Obungles
David Stockman wrote a very good article where he demonstrated the true unemployment rate is around 42.9%.
"Stockman cites the number of 210 million adult Americans, who if they worked 2,000 hours per year, or about 40 hours per week, would deliver 420 million labor hours per year. When compared to the 240 million labor hours per year reported by the Bureau of Labor Statistics, the total workforce of the country is delivering 57.1 percent of those 420 million labor hours, and otherwise stated, 42.9 percent of those hours are not being delivered. Therefore, the calculation of unemployment by this measure is 42.9 percent."
David Stockman? Another Republican/conservative with their own History and their own facts? Bwahahahaha.
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.
What?Exactly ...the middle class jobs have been and are still being laid off and not replaced.LIAR!$14 Trillion in new debt under ObamaU-6 includes people who ARE employed.LOL So those people are not unemployed? Wall St looks at the U6 not the U3
What? LMAO
you think they used chicken s---- to bail our country out of the greatest financial calamity since the depression??
Sadly, most of that money went to fund the decade long war and give the rich some more massive tax breaks. We gained very little in any area that advances this nations poor and middle class.
It isn't like the republicans care.
The fact that Obama allows these tax breaks from hell to stand proves that he could of done better.
Small change compared to the gut wrenching 50 percent drop under Bush.No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
How much is the Dow off this year? Oh, that's right, it has shed over 1,000 points in a since December
That was debunked a long time ago. Stockman demonstrated some serious innumeracy, which you rubes guzzled down because it rhymed with your biases.U6 (the real deal) is 9.9% Thanks for nothing Obungles
David Stockman wrote a very good article where he demonstrated the true unemployment rate is around 42.9%.
"Stockman cites the number of 210 million adult Americans, who if they worked 2,000 hours per year, or about 40 hours per week, would deliver 420 million labor hours per year. When compared to the 240 million labor hours per year reported by the Bureau of Labor Statistics, the total workforce of the country is delivering 57.1 percent of those 420 million labor hours, and otherwise stated, 42.9 percent of those hours are not being delivered. Therefore, the calculation of unemployment by this measure is 42.9 percent."
Hey, dumbshit. Is every other worker you know unemployed? Because they would just about have to be if Stockman is right.
Idiot.
42.9 percent....BWA-HA-HA-HA-HA!
That takes a LOT of brain damage to bleev.
A LOT!!!
Obama directly controls china's markets.. Come on now.Small change compared to the gut wrenching 50 percent drop under Bush.No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
How much is the Dow off this year? Oh, that's right, it has shed over 1,000 points in a since December
It's dropping because of China and oil prices.
Small change compared to the gut wrenching 50 percent drop under Bush.No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
How much is the Dow off this year? Oh, that's right, it has shed over 1,000 points in a since December
It's dropping because of China and oil prices.
Obama directly controls china's markets.. Come on now.Small change compared to the gut wrenching 50 percent drop under Bush.No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
How much is the Dow off this year? Oh, that's right, it has shed over 1,000 points in a since December
It's dropping because of China and oil prices.
"The U.S. economy added only 151,000 jobs in January."
US population grows by 200,000 per month.
Math r hard.
No, I just gave her a dose of the stock markets under Doofus Bush and under other Republican Presidents.....she's still trying to figure out some way to make that be "wrong"!You do realize that what's happening with the stock markets right now can't really be attributed to anybody?Wall St is unimpressed with this "wonderful" news
Dow Jones Industrial Average (^DJI)
-DJI
16,184.22-232.36
How much is the Dow off this year? Oh, that's right, it has shed over 1,000 points in a since December
