Gipper
Well-Known Member
Alternate Unemployment Charts
The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.
The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment.
Alternate Inflation Charts
The CPI chart on the home page reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.
Further definition is provided in our CPI Glossary. Further background on the SGS-Alternate CPI series is available in the Archives in the August 2006 SGS newsletter.
http://www.shadowstats.com/
If the above is accurate, the actual Misery Index (inflation rate + unemployment rate) using the older method of calculating both indexes is around 30%.
Under the Peanut Farmer's disastrous reign, the index got as high as 22% and he got smoked in the 1980 election. The election of 2012 will be no different. BO is also going to get smoked.
Of course, if an R were in the WH the MSM would be telling the American people of this terrible economic news 24/7.
Another stat never reported by the MSM is African American unemployment. It is over 15% and for young black men specially, it is much worse. If this happened under an R president, the MSM would be screaming and our liberal friends would be too...oh the hypocrisy!!!
http://atlantapost.com/2011/03/14/black-unemployment-at-crisis-level-2/
