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Politics : Formerly About Advanced Micro Devices

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To: American Spirit who wrote (289788)6/6/2006 5:38:27 PM
From: TimF  Read Replies (1) of 1572238
 

The LA Times did a story about the Bush unemployment numbers about 18 months agio and said they were actually 10-14% higher. It was a front page story


If they said the unemployment rate was something like 15-20% than they where using a very non-standard definition of unemployment. You can't compare those figures to the standard figures from any era.

The rates under Clinton (and Bush Sr., Reagan, Carter, Ford, Nixon, Johnson etc.) would also all be much higher if you define unemployed to include any non-retired adult without a job or otherwise add in "discouraged" people who aren't seeking jobs, and/or "underemployed" people who want full time jobs but are only working part time.
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