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Reply to "Thank You, Trump! No Thanks To Obama!"

direstraits posted:

The U3 isn't so much cooked, as misleading.  It contains only those actively seeking work and counts part time employees, seeking full time employment,  the same as the full time employed.  That's why the Reagan administration instituted the U6.  A full review must include U3, U6 and numbers in the workforce.  

Actually, the term "cooking the numbers" might be closer to the truth than you might think. The U-3 unemployment table was created in 1994 and might have been devised to improve the Clinton era numbers:

http://dailycaller.com/2012/10...mericas-nilf-island/

SirWasabi posted:

Oh, now we're gonna talk about 'projected result/'. Great, How much 'projected results' did Bush give away during his Presidency? Under 'projected results', didn't Bill Clinton have the US debt free before Republicans took over the last time? Republicans sure do spend a lot of time swapping arguments. Had I done this, You'd all be screaming 'DEFLECTING!', I'm just sayin.

Deflecting, naw. You provided a number from lefty websites and rags without context and I filled in the information you purposely left out. As to Clinton making the US debt free, do you pay your Visa card with your Mastercard? That is essentially  what the Clinton administration did. They used borrowed money from the Social Security surplus to make the other part of the budget look better.

  https://mises.org/library/surplus-hoax


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