Unemployment is calculated exactly the same now as it was under Obama. So why do Trump fans praise The unemployment rate now, but still make excuses for the rate then? You can’t cal into question the validity of the calculation under Obama, and then praise Trump while using the same calculation.

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Posted by TheHarahanian

Actually not Harahan as of 6/2023

Member since May 2017

19684 posts

Posted on 9/10/18 at 8:04 am to MStant1

quote:
Unemployment is calculated exactly the same now as it was under Obama. So why do Trump fans praise The unemployment rate now, but still make excuses for the rate then?

I don’t. Even though the rate is lower now, the formula used by the gov’t is intentionally flawed.

There are millions of workers who left the job market during the Obama admin and haven’t returned, and they aren’t acknowledged in the unemployment figure.

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Posted by bfniii

Member since Nov 2005

17840 posts

Posted on 9/10/18 at 10:55 am to MStant1

quote:
Unemployment is calculated exactly the same now as it was under Obama. So why do Trump fans praise The unemployment rate now, but still make excuses for the rate then? You can’t cal into question the validity of the calculation under Obama, and then praise Trump while using the same calculation.

what is this gibberish nonsense? the article explains precisely how the obama touted numbers were misleading because of the people who had left the workforce. that calculation, u6, is objectively better under trump.

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