Thread: Current Unemployment Rate Is 37% – Great Depression Unemployment Was 25%

Current Unemployment Rate Is 37% – Great Depression Unemployment Was 25%

Wednesday, January 22, 2014 16:22
(Before It's News)

by Pete Santilli, The Pete Santilli Show & The Guerilla Media Network

Obama administration, Congress and the Federal Reserve are all lying to us when it comes to the inaccuracy of the Unemployment rate. A Wall Street insider has called out the actual unemployment rate at 37%, far worse than even the unemployment rate during the Great Depression.





Wall Street adviser: Actual unemployment is 37.2%, ‘misery index’ worst in 40 years

By Paul Bedard | JANUARY 21, 2014 AT 1:08 PM

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.

Marotta, who recently advised those worried about an imploding economy to get a gun, said that the government isn’t being honest in how it calculates those out of the workforce or inflation, the two numbers used to get the Misery Index figure.


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http://beforeitsnews.com/alternative...5-2881084.html

and the GOP wants to kick start AMNESTY that Stabs ALL Americans in the back

http://www.alipac.us/f9/wall-street-...1/#post1391465

Maybe immigration reform is stalled by 90 million Americans looking for a job!

http://www.breitbart.com/Big-Governm...gration-reform

1921 comments at the page Link

People know that the government is cooking the books on unemployment. This is good information and finally someone is telling the truth. To people that don't work and vote for a living the unemployment rate doesn't mean anything anyway. JMO

you would think by now the dumb asses in the Democrat party would catch on... until the crooks are booted out of office AS WELL AS the Crooks in the GOP; jobs will continue to bleed like a cut artery and poverty will consume all of AmeriKa but the Political Elite... they will party like Kings and Queens

http://www.alipac.us/f9/congressiona...fering-296440/