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When you write it that way it sounds crazy, but if you believe the unemployment rate should be the U6, then we will have real disagreements over that fact. Whe
by tomjen3 10y ago
When you write it that way it sounds crazy, but if you believe the unemployment rate should be the U6, then we will have real disagreements over that fact.
When the media is just the media, no longer the mainstream media, but just the media with just another (biased) agenda and world-view that is no better than any others, they end up acting like spoiled children. I hope HNners are smart enough to realize that all medias are biased in some ways (some more than others) and that fake news/post truth are just another political term (unless you are talking about the spam that floated on Facebook with completely fake headlines, not justified by the content).
- Yen 10y agoWhether the unemployment rate discussed and optimized for should be U-6, or any other particular measure, is a disagreement about opinion, not about fact. Claims that the U-1 is falsified/manipulated for political purposes, or that the "real unemployment rate" is actually much higher than even the U-6, are much more clearly false.