“..’Today is a Big Day in America’ .. Real Unemployment Rate Over 21%..”
“..Today is a big day in America.
Only 36,000 people lost their jobs today, which is really good,” Senate Majority Leader Harry Reid gleefully proclaims on the Senate floor.
Harry Reid is not really happy with the loss of 36,000 jobs.
He is just happy if the American people are silly enough to accept this as really good news.
Come on folks.
Is it really good news to keep losing tens of thousands of jobs each month (the number is likely higher then whatever they are telling us).
So here is what the good consumers of America are supposed to believe.
People keep losing tens of thousands of jobs .. but miraculously the unemployment rate trickles down a bit each month.
But what is the real umemployment rate?
Well the government’s U6 number reports that the unemployment rate for February is up a bit to 16%.
That number “is the broadest measure of unemployment in the civilian labor force in the U.S. economy and includes those who need work but have given up the search, and those who have taken part-time jobs while still seeking full time employment.”
But wait .. there are some statisticians that claim even the government’s U6 number is a lie..”
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