Impressive-looking data visualization:
Unemployment in America, Mapped Over Time: 1990-2016
Seeing the 2009 crisis spread over the country like an ink blot of doom sure is a striking image...
Blaming a US. Senator for job losses in their home state makes little sense, particularly during a global recession, which in this case began December 2007 — more than a year before Clinton left the Senate in January 2009 to join the administration of President Barack Obama.
We have long cautioned readers to be wary about jobs claims, which need to be put into the context of regional and national trends. Such claims are usually made by or about governors, and even they have little influence on job creation or loss during a recession.
Why blame the government for unemployment? Do you know anything about supply and demand? How about macroeconomics?
There is no "real" unemployment rate. There is only the unemployment rate that exists as the Bureau of Labor Statistics (or ... one's favorite econometrist) has decided to measure it -- an imperfect human construct. The key thing is thing is to be consistent in how you measure it, because it's the change in the rate that matters. If you consistently look at the rate as BLS defines it, that's fine. If you consistently add to that the people who have given up looking for work, that's also fine. However, if you typically look at the BLS rate and then switch to the broader definition when a politician you don't like is in power, that is dishonest and shows a complete lack of integrity and appreciation for the concept of truth.
Thats why after every month there is what they call "seasonal adjustments" which are always worse than the orignial posted figure.
[/If they report 5% unemployment it's more likely to really be 15%. They lie so the american public wont get pissed that they are ******* up.quote]
Have you driven past your local mall recently? Did you notice the full parking lot? How about getting seated at a restaurant on a weekend at dinnertime?
Unemployed people don't shop at overpriced stores or go out for expensive meals. Stop listening to the doom and gloom propaganda and open your eyes.