Applesauce
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a litttle salty on some of the sites to which this blog links. So, don’t say you weren’t warned. By the way, this blog’s name is inspired by the Will Rogers quote, “All politics is applesauce.” |
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December 6th, 2008 at 09:03am Pat Cunningham
The government CHANGED the way it measures unemployment a while back, which makes comparisons with the past difficult and masks the full extent of the problem.
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2 Comments Add your own
1. Ross Calloway | December 6th, 2008 at 4:43 pm
Since it has been the same for the last 14 years, comparisons are easy, going back the last 14 years.
In 1994, they decided not to count the perpetually lazy. But the numbers do include newspaper and magazine publishers. So it’s kind of a wash.
2. Republican4Jesus | December 8th, 2008 at 7:14 am
Just like they rigged the housing market and the stock market by pretending that debt wasn’t really that much out of line, so too are the unemployment numbers skewed to show the same.
My best guess is that you could double the current unemployment rate and would be pretty close to the acutual number- around 14%.
We are getting closer to the 25% rate during the great depression, which I predict we will reach sometime in the 3rd quarter of 2009.
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