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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (365776)1/7/2008 1:26:50 PM
From: tejek  Read Replies (1) of 1576636
 
What alternative metric do you have to calculate unemployment?

CJ correctly pointed out to me that I was wrong to an extent on this issue. If you consider the ave. unemployment rate under Bush vs Clinton, Bush's ave. looks much better. However, as I pointed out in a post to CJ, the unemployment rate at the start of Bush II's first recession was at a much lower level then the unemployment rate at the start of the recession Clinton inherited from Bush I. When Clinton took over, umemployment was close to 7.5% whereas with Bush, the unemployment rate was 4.0%. So naturally the average unemployment rate will be higher under Clinton even as unemployment dropped below 4% under Clinton's tenure.......a feat Bush has been unable to replicate.
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