Real Unemployment Rate Nearly 15%

New August jobs numbers came out, listing the unemployment rate at 8.1%.  But if you include people who have given up looking for work, it’s 14.7%

It’s interesting, because someone recently accused Republicans of propagating the “big lie,” the idea that a big lie is more effective than a little one.  But the real big lie is about unemployment – it’s not 8.1% (which is awful).  It’s actually much much higher.  I dunno.  Will Americans fall for it and vote for Obama, or will they believe their lying eyes, the plight of their friends and neighbors, of themselves?

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About Mystic Cowgirl

I worked overseas in the aid game for longer than I'd like to admit and learned several important things: 1) Third World countries aren't poor because America is rich. They're impoverished due to socialist governments that provide neither rule of law nor basic infrastructures; 2) These socialist governments redistribute wealth from taxpayers to the government workers. There's no benefit to the poor or downtrodden, and certainly not to the general welfare in terms of infrastructure improvements. 3) America is moving toward the Third World model. Rule of law has been subverted because equality under the law is disappearing as special interests carve out exemptions to regulations and special favors under the law. The redistribution of wealth to government began decades ago -- total compensation for government employees now outpaces salaries in the private sector.
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One Response to Real Unemployment Rate Nearly 15%

  1. Sunny Sarasota Smiles says:

    Love your insight– Time 4 more hardworking tax payers worried about their unemployed educated children to stand up and speak up. thx from Sunny Sarasota Smiles 🙂

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