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Ah shit folks. Some devious trickster hoodwinked the good Democrats into believing the economy was doing well when, in fact, it was doing shit. (archive.is)

submitted 1 day ago* (last edited 1 day ago) by [email protected] to c/[email protected]

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Original URL where the cowards have changed the title now: https://www.politico.com/news/magazine/2025/02/11/democrats-tricked-strong-economy-00203464

I don’t believe those who went into this past election taking pride in the unemployment numbers understood that the near-record low unemployment figures — the figure was a mere 4.2 percent in November — counted homeless people doing occasional work as “employed.” But the implications are powerful. If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

Any fucking questions

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[–] [email protected] 11 points 17 hours ago

The government creates the U4 thu U6 categories and these fucking dorks don't ever look at any number that shows them something they don't want to see