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To: maceng2 who wrote (40289)10/27/2003 10:01:48 AM
From: GraceZ  Respond to of 74559
 
So in conclusion, my point is... If the government has shown to be misguided with one set of figures (inflation, production and productivity), what makes anyone so sure the unemployment figures are accurate either?

It's a small wonder that inflation is underestimated basically because it's hard to find two economists who agree on the definition let alone how to measure it. And,all governments have a vested interest in understating inflation. Our current government has a vested interest in over stating unemployment as hard as that is to believe, a Republican in the White House doesn't mean all government workers are now looking to make him look good. Government workers, the low level unappointed ones that work at the BLS and every other government office are overwhelmingly Democrats. I know, I live in one of the two states where they all live. As far as I know, Maryland hasn't voted in a Republican president since Lincoln.

Right now the Democrats would like nothing better than to hang the Republican president with the unemployment stats. The method they are using to measure unemployment hasn't changed since the middle of 1994 and those changes made the unemployment figures higher, not lower.