Or so say the politicians. Dr. Paul Craig Roberts is the former Assistant Secretary of the Treasury and former Associate Editor of the Wall Street Journal. According to Wall Street on Parade,
"Roberts has written about the lack of attention to the measurement known as U6 – which covers the unemployed, underemployed and those who are not looking but want a job. That figure stood at 11.2 percent in December of last year, exactly double the official unemployment rate known at U3"
Perhaps the U6 track should be the indice used regardless of which political party holds the White House so the American people get a more truthful look at their economy instead of the Wizard of Oz view so frequently trotted out. I suspect a majority of them would reach an intelligent conclusion and therein lies the rationale for the politicians continuing the Oz routine.
wallstreetonparade.com/2015/02/gallup-ceo-fears-he-might-suddenly-disappear-for-questioning-u-s-jobs-data/
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