Pages

Tuesday, 14 February 2012

Magic act..............from Rico

While I subscribe to John William's Shadowstats appraisal of the actual US unemployment number running near 22%, making the numbers in this cartoon a little low, it still makes a very valid and pithy statement about how the Government via BLS performs its magic act of asserting that unemployment is 'only' 8.3%.

The pain in the economy and workforce is real, however, and not an 'illusion' to the almost 1-in-4 who want and need to work, but aren't.

No comments: