So what took the media, at least some mainstream media folks, so long to call what the Obama Administration is doing a “Lie?”Â This “news” story by Gallup is hardly new.Â In case you haven’t heard, Gallup discovered that the Administration’s unemployment number of 5.6% may not be true!Â My God!Â This would be shocking if economists hadn’t been saying this for years…literally years.Â Here are some key phrases for your entertainment (I cannot say enlightenment as most conservative folks knew this);
“The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading.”
“If you, a family member or anyone is unemployed and has subsequently given up on finding a job — if you are so hopelessly out of work that you’ve stopped looking over the past four weeks — the Department of Labor doesn’t count you as unemployed. That’s right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news — currently 5.6%. Right now, as many as 30 million Americans are either out of work or severely underemployed. Trust me, the vast majority of them aren’t throwing parties to toast “falling” unemployment.”
“There’s another reason why the official rate is misleading. Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%. Few Americans know this.”
“There’s no other way to say this. The official unemployment rate, which cruelly overlooks the suffering of the long-term and often permanently unemployed as well as the depressingly underemployed, amounts to a Big Lie.”
“And it’s a lie that has consequences, because the great American dream is to have a good job, and in recent years, America has failed to deliver that dream more than it has at any time in recent memory.”
This should be one of the top stories and top items on the agenda of both the White House and Congress, but we really need to explore how Mr. Jenner wants to be a woman and delve into how much of a liar (sorry misrememberer) NBC’s Brian Williams is.