Although the case for at least 20 years, it has been unbearably obvious through last two presidents. Key is that unemployment, or U-3, is already a heavily qualified indicator (over 50% of Americans do not have employment, but we do not consider them unemployed for reasons of various suitability).
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Politico
Perspective: Voters were right about the economy. The data was wrong, writes former U.S. Comptroller Gene Ludwig.
Ludwig on why inflation and unemployment are worse than they seem👇
Ludwig on why inflation and unemployment are worse than they seem👇
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