Rep. Hunter Wants REAL Unemployment Rate as New Standard

Rep. Duncan Hunter, R-Calif., wants Americans to know what the real unemployment rate is, not the figure that the Bureau of Labor calls unemployment which excludes those who have given up hope and are no longer seeking employment.

Rep. Hunter says his one-page bill, the “REAL Unemployment Calculation Act” (H.R. 4128), is not an effort to make President Barack Obama look bad, but rather to shoot straight with the American people:

“If a Republican gets elected this year and gets sworn in next year this will be their unemployment figure too. So you have to have truth no matter who it hurts or who it actually affects. You have to have the actual truth, that’s what we need here – truth to power. And that’s how things start getting fixed,” Hunter said on Fox News.

The Bureau of Labor Statistics calculates the current unemployment rate at 8.2 percent.  If Rep. Hunter’s bill were to become law, the current unemployment rate would be 9.6 percent.

Presently, the government already calculates both figures, but reports the so-called U-3 rate as the nation’s official unemployment figure.  Rep. Hunter’s proposal would report the U-5 rate as the nation’s unemployment rate.

The U-5 stat measures, “total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force,” while the U-3 stat or the “official unemployment rate,” measures, “total unemployed, as a percent of the civilian labor force.”

Read more at Breitbart.com.

Comments

Comments

  1. Devita says:

    DR,Challenging elected ocfafiils in the media seems to have little effect because they are propped up by the resources of the special interests that you rail against every day. You can fill an hour a day banging the drum with economists, journalists and commentators to drive home the point, but to what end? Until the representatives of the corporations in Washington are voted out of office in favor of representatives of the people, nothing will change. Incumbents have a huge advantage based on name recognition and the lack of credibility of ‘unknown’ challengers. You have a platform. You can use it to support challengers willing to run against incumbents from the corporatocracy. Economists, journalists and commentators can help you make the argument, but we need candidates to drive real change. By providing a platform for challengers to establish name recognition and present their views, you can help them gain credibility and give them a real chance against the Democratic and Republican political machines. Start Now.

Polititainment

'SNL' laughs at North Korea, Sony hacks
“Saturday Night Live” hit on North Korea and the Sony hacks twice this weekend, proving that unlike most of Hollywood, they aren’t scared of Kim Jong-un. The show started off with a bang, bringing back Mike Myers as Dr. Evil to interrupt the cold open and discuss his anger over the North Korea and Sony hacker […]
RNC asks theaters to show 'The Interview
The Sony hack and subsequent cancellation of “The Interview” has gone fully political. President Obama made an official statement on this decision and now the Republican National Committee is weighing in. RNC Chairman Reince Priebus asks that movie theaters not bow down to North Korea and stand up to this decision by screening the film […]
Obama: LeBron 'did the right thing'

President Obama supports LeBron James' decision to wear an "I can't breathe" t-shirt during warmup before the NBA game between the Cleveland Cavaliers and Brooklyn Nets last week.

Al Sharpton, Hollywood's Sony Liaison

In a private meeting with Rev. Al Sharpton at the Greenwich Hotel in New York City Thursday, Sony Pictures chair Amy Pascal told Sharpton that he could have a voice in how the movie studio makes its films.

Clooney: Release 'The Interview' online

George Clooney may have the most awesomely toothy response to the Sony Pictures cyberattack that forced the movie studio to pull the film "The Interview" from its December 25 release.

White House

Obama: I will do ‘everything I can’ to close Guantanamo Bay
President Obama may have signed the defense bill that keeps Guantanamo Bay open for another year, but he is still verbally promising to close down the facility. Obama appeared on CNN’s “State of the Union” Sunday and discussed closing Gitmo by the end of next year with host Candy Crowley. “I’m going to do everything […]
Obama: ‘We’re not going to be intimidated’ by Sony hackers
President Obama appeared on CNN’s “State of the Union” Sunday morning and covered a variety of topics ranging from racism to North Korea and the Sony hacks. Obama repeated his earlier statements about the hacks, implying again that Sony made the wrong call by canceling screenings of “The Interview.” “The Boston Marathon suffered an actual […]
Obama: we can’t have censorship subject to ‘some dictator someplace’

WASHINGTON (AP) — President Barack Obama declared Friday that Sony "made a mistake" in shelving a satirical film about a plot to assassinate North Korea's leader, and he pledged the U.S. would respond "in a place and manner and time that we choose" to the hacking attack on Sony that led to the withdrawal. The FBI blamed the hack on the communist government.

U.S. confirms North Korea was behind Sony attack and promises ‘proportional’ response

Officials no longer merely suspect North Korea to be behind the cyberattack on Sony Picture—they’ve confirmed it.

District court declares Obama’s executive action on immigration unconstitutional
A federal court in Pennsylvania declared parts of President Obama’s executive actions on immigration unconstitutional Tuesday. Judge Arthur J. Schwab, sitting in the western district of Pennsylvania, said presidents do have the power to use discretion in deciding how to enforce laws, but found that Obama’s recent executive action went much further than that.  He said Obama was writing […]

Congress

Rubio, Paul feud continued on ABC's 'This Week'
Likely 2016 presidential hopefuls Marco Rubio and Rand Paul have been going after each other all week for statements made on President Obama’s decision to normalize relations with Cuba and the feud did not take a break over the weekend. The Florida senator, one of the most outspoken critics of the new Cuba policy, appeared on […]
Rubio says Rand Paul is clueless on Cuba

Sen. Marco Rubio made his criticism of a fellow Republican plain Thursday night.

Gowdy's office responds to Speaker chatter

Rep. Trey Gowdy has become a sensation on the Right, with his no-nonsense style and committee hearing takedowns of Obama officials garnering him praise and attention.

Rand Paul: 'Opening up Cuba is a good idea'

Sen. Rand Paul broke with the Republican Party's prevailing argument against President Obama's Cuba policy Thursday, saying the move toward opening trade with the long-embargoed nation "probably" is a good idea.

Retiring DemHenry Waxman's farewell ode to govt

You'd think that, 40 years in, a congressman might grow cynical about the prospects of government meddling. Not retiring Rep. Henry Waxman (D-Calif.)!