real income still down tho
social benefits as % of disposable income still ATH tho
that is only one unemployment indicator that is at 6.3% tho
that indicator does not truly show the full picture tho
the recovery is largely satistical tho
dow at such levels does not reflect economic reality due to low intrest rates an practialy free money for banks that in turn pump it into the stock market as opposed to the real economy, at nearly no risk who wouldnt do that?
Here is some more conservative media (since allegedly that is what I look for even though I have posted articles from wsj, bloomberg etal) that also begs the question , does the "offical" unemployment rate paint the whole picture?
http://www.cnbc.com/id/101636683http://www.cnbc.com/id/101636683
amd guess what, at the ultra conservative conspiracy theory news source CNBC they conducted a poll, "
Which measure do you think reflects the unemployment situation best?"
4% agree with JB that the "offical" rate reflects the unemployment situhation best
81% say that the U-6 rate best describes the unemployment situation
and
12% A different rate altogether
Total Votes: 19272
So not only are so called "conservatives" or "obama haters" quick to question the unemployment numbers dished out by the goverment but the liberal CNBC is as well. This has nothing to do with convervative vs. liberal / obama vs. bushes
BTW your favorite shadowstats that uses the old method: 23%