Tuesday, January 10, 2012

Americans For Limited Government: The Truth About The Unemployment Numbers

"The dirty little secret about this month's announced unemployment rate is that more than four million Americans who have dropped out of the workforce since President Obama took office are NOT being counted as unemployed. They are being ignored. To put the four million Americans that Obama has lost out of the workforce into perspective, it is as if every person in the state of Oregon just disappeared. Gone. Not counted. If the labor participation rate had remained the same today as it was when Obama took office, the unemployment rate would be 10.9 percent. When you count Obama's lost 4 million Americans, the 10.9 percent real unemployment rate becomes an inconvenient truth rather than political spin. And that's the dirty little secret that you're unlikely to hear in the legacy media."

ALG's One Minute

-- Political Pistachio Conservative News and Commentary

No comments: