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2016 Postmortem
In reply to the discussion: Factual talking points on the economy (UPDATED) [View all]NYC_SKP
(68,644 posts)2. Excellent post. People need a basic lesson on the unemployment rates, too, (U3 versus U6)
Freeper butt-scraper trolls like to trot out the "real unemployment rate" when talking about Obama.
Of course, under Bush they'd never have played such a trick.
Rates 101:
The official rate is the U3 unemployment rate. It's just over 8%.
The higher rate freepers cite is the U6 unemployment rate. It's hovering around 15%
The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those working part-time for economic reasons." Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the "marginally attached workers" include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over
Visit this site for more information:
http://portalseven.com/employment/unemployment_rate.jsp
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Excellent post. People need a basic lesson on the unemployment rates, too, (U3 versus U6)
NYC_SKP
Aug 2012
#2
20 of the 22 states with the highest proportion of non-federal-income-tax-payers are Repub states
progree
Sep 2012
#67
Another lesson, about the myth that those who exhaust their unemployment insurance are not counted
progree
Aug 2012
#48
Obama has signed 21 tax cuts for the middle class & proposed $4 trillion in debt reduction
CabCurious
Aug 2012
#7
I've got a BA in Econ. and believe me the Republicans got nothing but their rabid base.
xtraxritical
Aug 2012
#12
In other words, there is still huge amounts of debt being added every year :(
CabCurious
Aug 2012
#11
Democratic presidents have created jobs at a faster rate than Republicans (2m/y vs 1m/y).
CabCurious
Aug 2012
#23
The Republicans would be lying about their own commitment to the stimulus and bailouts
CabCurious
Aug 2012
#27
Defense spending is apparently around 50% of our discretionary spending, 1/3 of total spending
CabCurious
Aug 2012
#32
Outstanding work. But the defense spending is about half of fed. discretionary spending, not total
progree
Aug 2012
#33
You'll find defense spending figures of 700Bish, 900Bish, and $1.2Tish because
CabCurious
Aug 2012
#37
Is it 2 Pinocchios or 3 to indicate defense spending is over half when at most its about 1/3?
progree
Aug 2012
#53
Like I said, I agree it's about 1/3 of total spending. The chart showing more than 50% is...
CabCurious
Aug 2012
#57
And so? I have investments in probably every sizable U.S. company with marketable shares through
progree
Aug 2012
#43
"And for the record, I consider the entire dialogue about fannie/freddie... to be a red herring."
progree
Aug 2012
#51
I was just wondering the significance of the fannie/freddie mention in #42. Thank you.
progree
Aug 2012
#54
Kicking, because this thread is awesome and should be bookmarked by everybody. (nt)
apnu
Sep 2012
#63
Graph of rising productivity and stagnant wages and household incomes. Plus growing inequality stats
progree
Sep 2012
#65
Inequality - a collection of graphics - Money Masters, Created by: ForensicAccounting.net
progree
Oct 2012
#74
Some more graphics. The food price inflation one is interesting (ouch). Glad I gave up food
progree
Sep 2012
#69
EF 0. Economy facts - tons of numbers to refer to in message board wars. With official sources
progree
Oct 2012
#73