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Thread: Realtors: We Overcounted Home Sales for Five Years(edited)

  1. #21
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    Re: what...no recovery???

    One, two, three, four, five...how hard is it to add? Real good excuse.

  2. #22
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    Re: what...no recovery???

    Quote Originally Posted by iliveonramen View Post
    And....another example of how private entities do not police themselves and why we need regulation.
    Why do we need regulation for this?

    What does the housing listing sales error have to do with anything? Its not like they were making extra on this. Its not like anyone made any extra anything on this.

    The only thing this does is show less houses sold than previously expected...big deal.

    The government revises their unemployment numbers monthly....do we need the government to make more regulations to regulate the government?


    In reality, the hap hazard numbers helped the Obama administration make it look like things werent as bad as they really were.
    Know the truth and the truth will make you mad, because the truth has no agenda.

  3. #23
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    Re: what...no recovery???

    Quote Originally Posted by 1Perry View Post
    This isn't comprehensive as there have been other changes but it makes one note how counting the unemployed has changed.

    Under President Lyndon Johnson, the government decided individuals who had stopped looking for work for more than a year were no longer part of the labor force. This dramatically decreased the jobless rate reported by the government.

    "Both part-time workers wanting full-time work and discouraged workers tend to make the unemployment rate lower than it would otherwise be," says Robert Schenk, professor of economics at St. Joseph's College, Indiana.


    Great Depression jobs parallel may not be far flung | Reuters
    it was changed again after that during the Reagan years then again during the Bush/Clinton (89-91) years also.

    That would explain how the actual employed number keeps falling and unemployment is also dropping.
    you cant have 136m people working and an unemployment rate of 9% one month and have 127M people working and a 8.5% unemployment the next month...but thats just what has been happening. (just examples)

    I for 1 am sick of our government lying to us on a daily basis about the economic situation.
    Know the truth and the truth will make you mad, because the truth has no agenda.

  4. #24
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    Re: what...no recovery???

    Quote Originally Posted by 1Perry View Post
    The facts are you can not count any number that is released to be correct. It is another of a long line of reasons people do not have any faith in normal.
    Well with public schools the way they are, I'm not surprised these jacklegs can't count.
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