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The Real Economic Numbers: 21.5 Percent Unemployment, 10 Percent Inflation And Negative Economic Growth – Michael Snyder
Every time the mainstream media touts some “wonderful new economic numbers” I just want to cringe. Yes, it is true that the economic numbers have gotten slightly better since Donald Trump entered the White House, but the rosy economic picture that the mainstream media is constantly painting for all of us is completely absurd. As you are about to see, if honest numbers were being used all of our major economic numbers would be absolutely terrible. Of course we can hope for a major economic turnaround for America under Donald Trump, but we certainly are not there yet. Economist John Williams of shadowstats.com has been tracking what our key economic numbers would look like if honest numbers were being used for many years, and he has gained a sterling reputation for being accurate. And according to him, it looks like the U.S. economy has been in a recession and/or depression for a very long time.
Let’s start by talking about unemployment. We are being told that the unemployment rate in the United States is currently “3.8 percent”, which would be the lowest that it has been “in nearly 50 years”.
To support this claim, the mainstream media endlessly runs articles declaring how wonderful everything is. For example, the following is from a recent New York Times article entitled “We Ran Out of Words to Describe How Good the Jobs Numbers Are”…
The real question in analyzing the May jobs numbers released Friday is whether there are enough synonyms for “good” in an online thesaurus to describe them adequately.
Read the rest of this article at: The Real Economic Numbers: 21.5 Percent Unemployment, 10 Percent Inflation And Negative Economic Growth
I put out a report on this a couple weeks ago. It is below.
Francesco Abbruzzino – The Uncensored Report Live Stream: Isn't the real unemployment number at 21%?Please share this with your non FB friends by sending them to my website at: https://www.thescoopradioshow.com/francesco-abbruzzino-the-uncensored-report-live-stream-isnt-the-real-unemployment-number-at-21/ All my video reports are unedited, unscripted and I am not reading from a placard. Hence, you are seeing the real deal with only one live take, where I opine on a news event. So, if you are looking for a typical newscaster structure, which comes from reading a script, you are on the wrong site. #Venice, #NorthPort, #Englewood, #Sarasota, #SiestaKey, #SarasotaCounty, #LongboatKey
Posted by Francesco Abbruzzino – The Scoop on Saturday, June 2, 2018
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