Monday, July 11, 2011

Unemployment Numbers

Big news heading into the weekend, unemployment numbers at 9.2%!
Not so much. These are not your fathers government statistics.

John Wiliams of Shadow Government Statistics shows how we should really be counting the numbers:

Remember what they always told us about the great depression?
Unemployment near 25%?

The Keynesian failure has come full circle. I want that bailout back.

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