Unemployment rates are severely under tracked.

[HappySqurriel]

NoddyHolder said:

HappySqurriel said:

Yeah, a lot of posters on these forums (and throughout the internet) have been saying this for years. While there are several conspiracy theories why most governments choose such misleading methodologies to calculate statistics, the simplest and most reasonable explanation is that individuals would be less willing to support the government’s meddling in the economy if they knew how little benefit there was from it and how much damage they were doing.

bull, its Libertarian scum that are causing the problems by refusing to let the government do more to tackle the issues, if the self righteous vermin were kept well away from politics things would have gone much better.

Right ...

If it wasn’t for government interference through pseudo-governmental bodies like Fannie Mae, Freddy Mac and the Federal reserve and the government bailing out the banks, auto industry and airlines every decade the economy wouldn’t be in the mess it is in today. The US government can’t even seem to write simple, straightforward rules to regulate the financial industry that are universally applied that would have prevented this mess after it happened, what makes you think that they have the foresight to fix this problem without causing more problems?

A major contributing factor to this crisis was the government’s involvement in the economy to eliminate the downturns after the dot-com bubble and post-911, and you think that it is a good idea for the government to get further involved in the economy to eliminate the downturn they caused? This is kind of like arguing that BP should recklessly abandon safety and rapidly expand their drilling in the gulf to pay for the mess that they made in the gulf.