“articles of this type selectively quoting statistics”
Where is the author using selective statistics? He has simply looked at the actual numbers that the BLS has published and that are ignored by the main stream media. That is the point of the article"actual unemployment numbers are not being reported". And please save your, economics 101 lessons. Significant unemployment, means lower GDP. One more quarter of lower GDP and we are officially in a recession!
posted on 02/02/2013 5:02:41 AM PST
(When Injustice Becomes Law, RESISTANCE Becomes DUTY.----T.Jefferson)
posted on 02/02/2013 7:00:46 AM PST
The BLS numbers are based on surveys and statistics. The BLS numbers are not a summary of census data where each member of the population is quoted. The author only cites BLS estimates of employment and labor force participation. You are likely also a person who wants to tie federal spending to some fraction of GDP; GDP is also an estimate borne of statistics. So you can save your statistics 101 lessons, which you seem to need a refresher in. The sad stories of this or that family having a hard time in a poorly performing economy is just that — sad. Individual experiences do not portend the disaster, gloom, and doom articles like the one above predict. The fact is: the country has not yet descended into anarchy and revolution in any region, which would be a natural reaction to the doom foretold by this article. In short, if the article and its analysis anywhere near accurate in describing America today, warnings would be unnecessary.
posted on 02/02/2013 10:13:43 AM PST
(Why vote Democrat Lite?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson