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 : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Mongo2116 who wrote (867)	9/7/2015 7:05:33 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 74631

I think I see the confusion, so let me explain it for you... The "current unemployment rate" is a fake number and does not represent the true rate of real unemployment and here's why... the more that people begin to take government handouts and stop looking for work, the lower the current unemployment rate will be... Let's look at a few examples: Let's say everyone in the country who is unemployed and wants a job to pay for their personal and family expenses were actively looking for a job... then the current unemployment rate would be around 38.7%... now, some of those people dropped out and began collecting government checks instead... let's say half of them dropped out, so then the current unemployment rate would be around 18%... Now, let's say EVERYONE stopped looking for work although they still needed work to pay for their living costs, the current unemployment rate would be 0%... that's right, the way the federal government measures the current unemployment rate is based only on those still looking for work, it's not based on all the people who still need work to survive... the more that people begin to take government handouts and stop looking for work, the lower the current unemployment rate will be... This is why the number for the current unemployment rate is phony and manipulated, it's manipulated by how they measure it in the first place... If ALL the people who dropped out and stopped looking for work began to resume looking for work, then the current unemployment rate would be back up to around 12%... Government manipulation of data is nothing new... look at how they measure the inflation rate... the federal government measures the inflation rates includes the cost of everything except food and energy... isn't that manipulation??? Let's say the cost of pencils suddenly went through the roof... then they would begin to measure the inflation rate with everything excluding food, energy, and pencils... more manipulation... But besides, aside from food and energy, what else is there??? GZ