So, the White House is telling us unemployment may rise to 10% in the next few months. What they aren't saying is that real unemployment is much higher..
To be accurate, you need to include those who have given up looking for work, and those who have had to settle for part-time employment. The DOL pegs this figure at well over 15%, not too far off from Great Depression numbers.
Meanwhile the printing presses are churning out billions of bogus dollars to stimulate this Obaminable economy. This kind of stimulus has never worked before, and it's not working now. Only China has a stimulus package that's working. Why? They already had the cash. No trillion-dollar deficits for them.
To be accurate, you need to include those who have given up looking for work, and those who have had to settle for part-time employment. The DOL pegs this figure at well over 15%, not too far off from Great Depression numbers.
Meanwhile the printing presses are churning out billions of bogus dollars to stimulate this Obaminable economy. This kind of stimulus has never worked before, and it's not working now. Only China has a stimulus package that's working. Why? They already had the cash. No trillion-dollar deficits for them.
