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No Matter What Uncle Sam Say Today, Unemployment Way Too High

The new unemployment data is out this morning. We will be spun by the media and the Left that things are getting better. Do not fall for that. True unemployment is much higher, two, and some experts argue, three times greater than the official federal government estimates. Why?

Because the politicians will always use the better numbers for obvious reasons. They do not count, for example, workers working part-time looking for full-time jobs or people who, for whatever reason, are not looking for work. This latter group, it’s not that they do not want to work, they do. In many cases, they have just given up because they cannot find work.

The unemployment rate is likely somewhere in the 14% range, or higher. For this reason alone, we need new leadership in this city.

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