Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (31505)	1/15/2009 9:33:37 AM
From: TimF	Read Replies (1) \| Respond to of 71588

As the press article which originally kicked off this discussion stated: that last change, what we now refer to as the 'discouraged' and no longer list among the ranks of those who desire work, was supposedly implemented during the LBJ administration. That was the big change. And probably the most controversial one. Not that its clearly something wrong, but its also not a change that's clearly right. At the margin, "unemployed" is ambigious, and this change grabs most of the ambigious people and decides that they will not count, rather than count as unemployed. Right or wrong, as you've pointed out multiple times, it means that comparisons to years before 1967 are problematic. 1994 was apparently small. 1957 apparently increased the rate (but not by a lot), and the others seem inconsequential. PS --- who is "Barry"? Just someone posting on the topic like we are.