Does anyone know why the economic indicators CPI, GDP, GNP & unemployment. Where changed by democrats & Signed by Carter admin in June 1980? This is not a simple answer. Hint for unemployment was in 20% to 40% in your big industrialized states at that time.
I use to audit large companies like Ford, Bethlehem Steel, PSU, federal gov, large computer companies, electronic manufacturing. SobI know the answer.
Answer to hide the movement of our manufacturing base by Japan & Germany. To Japan China, SKorea, Germany, & Mexico. That why unemployment went sky high. Also before 1980 everyone unemployed was counted in unemployment. 1980 only people getting unemployment checks were counted.
So when toy see unemployment before 1980, is true unemployment. After 1980 unemployment Is a lie. Only people drawing unemployment checks are counted. People who stop getting checks, still unemployed drop off unemployment stats after 1980. Every stat after 1980 is a lie.
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