3 ms·
Politicians brag about the U-3 unemployment (that they've gamed), but actual economists look at U-6 (unless they need to do a comparison going back a century, w
by rrrrrrrrrrrryan 1y ago
Politicians brag about the U-3 unemployment (that they've gamed), but actual economists look at U-6 (unless they need to do a comparison going back a century, when U-6 didn't yet exist).
During covid politicians bragged about covid attributed deaths, while public health experts were discussing all cause mortality.
This is the case everywhere. Quality metrics are absolutely out there - you just have to give enough of a shit to look at them.