The link above leads to this article btw

I also do not understand why they plugged the story about CTA funding cliff in here? The funding cliff does not have much to do with the proposed improvements to the rail. Naturally, if there is no funding there is less trains and less noise.

The linked article here directs to the July 30th article about the operational budget funding cliff. I am not sure what is being said here by linking this in with funding for capital project like RPM @blockclubchi.bsky.social

I agree. Even by the logic of the "true unemployment rate" that the article talks about, Biden seems to have achieved the lowest rate in the last 40 years

still, the statistic was at its lowest in the last year, as you can see here www.lisep.org/tru.
The time series you can see here is still supportive of the economy being better than under Obama, Trump, Bush, Clinton.

there are genuine issues with how the statistic is presented though without any historic context. If you check it, you will see that the “functional unemployment” rate was in fact at its lowest recorded point last year

I am not making a judgment on whether the article is correct or not. Just pointing out this specific point. The graph above was taken from here: www.lisep.org/tru

I see some people referencing the "23% of the workforce is functionally unemployed" statistic and the framing seems a bit disingenuous. While the number may be high, if you check their historical reporting you will see that it was much higher before and reached its minimal value with Biden.