Fact vs. Myth: Real Unemployment Rate (U-6) -- Obama vs. Bush

[rdean]

The U-6 was NEVER the "real" unemployment rate, and Bush's U-6 was never 10%, bush had the BLS cook the numbers. See that knife cuts both ways!!!

The U-6 gives you the whole story about the employment situation. The regular jobless number, the U-3, can be very misleading, especially when many businesses have cut employee hours in response to Obamacare, and especially when we have so many people who are severely under-employed.

How would Bush have gotten the Department of Labor to cook the numbers? Do you have any evidence for that claim? How have the reporting criteria changed from when, or before, Bush was in office? Doesn't the BLS report the same types of numbers? So how could Bush have "cooked the numbers"?

Anyway, the central point is that when you consider the U-6, it becomes clear that the economy under Obama is performing markedly worse than it did under Bush--or under Clinton, or Bush Sr., or Reagan, or Carter.

Since Reagan is generally considered the gold standard in right wing ideology, I doubt you would argue that any of the others you list would compare to him, so lets start at the top. Nobody, even you, can accuse Forbes of being a liberal mouthpiece, but they say Obama Outperforms Reagan On Jobs, Growth And Investing.

Obama Outperforms Reagan On Jobs Growth And Investing - Forbes

Forbes is actually a liberal mouthpiece.
Next.

If anyone tells the truth, they are ALWAYS a "liberal mouthpiece". Always.

 

[Freewill]

Bush inherited a recession

Bush burst the dot com bubble and then he burst the housing bubble, both created by the GOP Congress.

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

 

[Wry Catcher]

Bush inherited a recession

Bush burst the dot com bubble and then he burst the housing bubble, both created by the GOP Congress.

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

Idiot-gram ^^^

Why do people post who have nothing to offer? Desperate need for attention?

 

[Theowl32]

Bush inherited a recession

Bush burst the dot com bubble and then he burst the housing bubble, both created by the GOP Congress.

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

The Bush family also caused the dinosaurs to go extinct................


FOR OIL!!!!

Think it is absurd right? Well, liberal cult hero, Hugo Chavez actually said capitalism is the reason there is no life on Mars.

Yes, he did.

Liberals, all of them, are louts. Lying fucking louts.

 

[Kosh]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

 

[Wry Catcher]

Bush burst the dot com bubble and then he burst the housing bubble, both created by the GOP Congress.

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

PS, maybe not Kosh, he's on the fringe but seems to have an IQ under 90.
The Bush family also caused the dinosaurs to go extinct................


FOR OIL!!!!

Think it is absurd right? Well, liberal cult hero, Hugo Chavez actually said capitalism is the reason there is no life on Mars.

Yes, he did.

Liberals, all of them, are louts. Lying fucking louts.

I suspect most conservatives, even the ones on the fringe, believe you're nuts.

 

[BULLDOG]

Bush burst the dot com bubble and then he burst the housing bubble, both created by the GOP Congress.

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

The Bush family also caused the dinosaurs to go extinct................


FOR OIL!!!!

Think it is absurd right? Well, liberal cult hero, Hugo Chavez actually said capitalism is the reason there is no life on Mars.

Yes, he did.

Liberals, all of them, are louts. Lying fucking louts.

No, the Bush family didn't cause the dinosaurs to go extinct, because they were already extinct. They would have screwed that up too if it would have been possible.

 

[Theowl32]

The dotcom bubble burst in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

The Bush family also caused the dinosaurs to go extinct................


FOR OIL!!!!

Think it is absurd right? Well, liberal cult hero, Hugo Chavez actually said capitalism is the reason there is no life on Mars.

Yes, he did.

Liberals, all of them, are louts. Lying fucking louts.

No, the Bush family didn't cause the dinosaurs to go extinct, because they were already extinct. They would have screwed that up too if it would have been possible.

LOL.

Holy shit liberals are fucking dumb.

 

[BULLDOG]

And who controlled Congress in the Summer of 2000, you fucking dipshit. You stupid fucking moron. You fucking hack.

Oh, so congress caused the tech bubble to burst? Lol. You are stupid. Please explain how they did that.

Besides, you miserable sack of left wing shit, you said the tech bubble happened under bush. The fucking tech bubble burst under Clinton.

I will be waiting for you to explain to all of us how congress caused the bubble to burst on the tech stocks.

You ignorant pile of shit.

Bush also caused the Y2K disaster that never materialized. Little known fact, GWB caused WW2.

The Bush family also caused the dinosaurs to go extinct................


FOR OIL!!!!

Think it is absurd right? Well, liberal cult hero, Hugo Chavez actually said capitalism is the reason there is no life on Mars.

Yes, he did.

Liberals, all of them, are louts. Lying fucking louts.

No, the Bush family didn't cause the dinosaurs to go extinct, because they were already extinct. They would have screwed that up too if it would have been possible.

LOL.

Holy shit liberals are fucking dumb.

I'll file that under "Dumb statements by people who agree with Sarah and Louie Gohmert"

 

[edthecynic]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

 

[Kosh]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

 

[pinqy]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

5.7% of the labor force is not working…that' s e definition of the unemployment rate.
The numbers you're talking about are those who are neither working nor looking for work (93% ddon't want a job).
The majority of those not in the Labor Force are retirees, disabled, stay home parents, and students.

 

[Kosh]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

5.7% of the labor force is not working…that' s e definition of the unemployment rate.
The numbers you're talking about are those who are neither working nor looking for work (93% ddon't want a job).
The majority of those not in the Labor Force are retirees, disabled, stay home parents, and students.

Wrong! That is why the far left is so against using the labor force guide as that would mean 38% unemployment. And we know that would not be allowable under the Obama era..

 

[rdean]

Just the fact that under Bush, Republicans had six years and used reconciliation THREE TIMES to put their policies into place and then, after their disastrous policies finally bring down the economy, Republicans say everything was roses and sweet cream until the day Obama became president, then on that first day, everything fell apart simply because he was sworn into office, PROVES they have no clue how an economy runs. Nothing is over night. It takes months and years. GOP policies are like a big turd rolling down hill. Once it gains momentum, you better jump out of the way or you get covered in shit. Only their turd was too big. Everyone got slimed.

 

[pinqy]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

5.7% of the labor force is not working…that' s e definition of the unemployment rate.
The numbers you're talking about are those who are neither working nor looking for work (93% ddon't want a job).
The majority of those not in the Labor Force are retirees, disabled, stay home parents, and students.

Wrong! That is why the far left is so against using the labor force guide as that would mean 38% unemployment. And we know that would not be allowable under the Obama era..

Oh? From Employment Situation Technical Note

The civilian labor force is the sum of employed and unemployed persons.
Those persons not classified as employed or unemployed are not in the labor force. The unemployment rate is the number unemployed as a percent of the labor force. The labor force participation rate is the labor force as a percent of the population, and the employment-population ratio is the
employed as a percent of the population. Additional information about the household survey can be found at Technical Documentation CPS

 

[Kosh]

The only numbers that truly matter are the labor participation numbers. Unemployment and how it is counted is now just a waste of the tax payers money..

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

5.7% of the labor force is not working…that' s e definition of the unemployment rate.
The numbers you're talking about are those who are neither working nor looking for work (93% ddon't want a job).
The majority of those not in the Labor Force are retirees, disabled, stay home parents, and students.

Wrong! That is why the far left is so against using the labor force guide as that would mean 38% unemployment. And we know that would not be allowable under the Obama era..

Oh? From Employment Situation Technical Note

The civilian labor force is the sum of employed and unemployed persons.
Those persons not classified as employed or unemployed are not in the labor force. The unemployment rate is the number unemployed as a percent of the labor force. The labor force participation rate is the labor force as a percent of the population, and the employment-population ratio is the
employed as a percent of the population. Additional information about the household survey can be found at Technical Documentation CPS

So yes the far left does not want to use those that are actually not participating in the labor force which would make the true unemployment at around 38%..

 

[Faun]

 

[Kosh]

Yes we know that you need one, but if you had one you would not be able to follow the far left commands like you do and you may even renounce your far left religion.

Is that what you really want far left drone?

 

[pinqy]

The LPR is by far and away the most worthless economic indicator because it can be affected by demographics as well as the economy. Since demographics is not factored out of the rate, it is totally unreliable as an economic indicator. But when all other indicators show an improving economy and you desperately need to show an economy getting worse and the LPR is the only declining stat you have, suddenly the LPR gets elevated to the top. But as soon as a Republican is elected and the LPR continues to decline, the Right will demand that demographics be factored into the LPR. Mark my words!

Of course a far left drone would say such a thing..

I mean who cares that 38% of the labor force is not working. Certainly not the far left drones..

5.7% of the labor force is not working…that' s e definition of the unemployment rate.
The numbers you're talking about are those who are neither working nor looking for work (93% ddon't want a job).
The majority of those not in the Labor Force are retirees, disabled, stay home parents, and students.

Wrong! That is why the far left is so against using the labor force guide as that would mean 38% unemployment. And we know that would not be allowable under the Obama era..

Oh? From Employment Situation Technical Note

The civilian labor force is the sum of employed and unemployed persons.
Those persons not classified as employed or unemployed are not in the labor force. The unemployment rate is the number unemployed as a percent of the labor force. The labor force participation rate is the labor force as a percent of the population, and the employment-population ratio is the
employed as a percent of the population. Additional information about the household survey can be found at Technical Documentation CPS

So yes the far left does not want to use those that are actually not participating in the labor force which would make the true unemployment at around 38%..

Why would you want to include people who don't want to work as unemployed? Nobody has ever done that.
Oh, and you're claim of 38% is even more stupid when you consider that unemployed are part of the Labor Force. So your unemployment rate is actually excluding the unemployed.

 

[Faun]

Yes we know that you need one, but if you had one you would not be able to follow the far left commands like you do and you may even renounce your far left religion.

Is that what you really want far left drone?

umm, yeah .... that was your brain he found at the end.