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Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"

 
Anonymous Coward
User ID: 20224353
United States
08/02/2012 12:04 PM
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Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
You cant make this shit up folks.
But go ahead and vote that failure into office again so that this will continue !!

What a fucking joke !

The current 8.2% figure you hear about so often is wildly inaccurate and doesn't fairly reflect the true state of the nation's labor force. It's a deficiency that Wall Street-types have long adjusted for with a wink-wink sort of acceptance, knowing full well that the so-called "U-3" headline number is actually a quagmire of exclusions and adjustments that under-reports the real situation by as much as 50%.

"It's simply a matter of Congress saying, 'We're not going to use this number. We're going to use the other numbers that you've calculated that we think are more representative of what the unemployment situation really looks like in this country,'" says Congressman Duncan Hunter in the attached video. He points out that changing the calculation wouldn't cost a thing, since the data is already available.

It's a problem that he and a growing number of lawmakers want to fix, and it's why the California Republican has sponsored the Real Unemployment Calculation Act — a legislative fix that would require the Department of Labor to get real about what it tells the American people.

[link to finance.yahoo.com]
Anonymous Coward (OP)
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08/02/2012 12:36 PM
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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
wtf
Anonymous Coward
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08/02/2012 12:43 PM
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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
GOOD ON HIM!!!!!!!!

The way it's calculated now is ignorant at best and criminal at worst.
Anonymous Coward
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08/02/2012 12:45 PM
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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
Wisconsin

User ID: 20977267
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08/02/2012 12:53 PM
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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
.
... case here in Wisconsin ...
.
... our number for employment were different from the feds ...
.
... our number was higher ... feds had to concede they were wrong with their lower number ...
.
... but WE have a REPUBLICAN governor so O would have a reason to "cook the numbers" ...
.

Last Edited by Wisconsin on 08/02/2012 12:55 PM
Amos 5:13
timelines and Celebrations of Yeshua - [link to www.grafted-promise.net]
Anonymous Coward
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08/02/2012 12:56 PM
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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
Assume anything the govt says is a lie
Epic Beard Guy
Constitutional Crusader

User ID: 1079209
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08/02/2012 01:20 PM

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Re: Things are such a "JOKE" that a US Congressman Duncan Hunter has to sponser a bill called "The Real Unemployment Calculation Act"
They have to fix the unemployment numbers. If they told the truth, nobody would vote for that worthless piece of shit. Of course, this administration thinks the economy is doing great, so it shouldn't be a problem for them.

odance
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