Real Unemployment in the US at 37.2 Percent

Unemployed

by Jeff Davis

How is it possible that there is still anyone walking around who is naive enough to believe any official statement from the US government on the topic of unemployment? Well, it looks like a whistle blower is confirming what almost everyone already knew.

A recent news article reports: “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.”

“’The unemployment rate only describes people who are currently working or looking for work,’ he said. That leaves out a ton more. ‘Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent…”

“’Today, the Misery Index would be 7.54 using official numbers,’ they wrote. But if calculations tabulating the full national unemployment including discouraged workers, which is 10.2 percent, and the historical method of calculating inflation, which is now 4.5 percent, ‘the current misery index is closer to 14.7, worse even than during the Ford administration.”

Seriously, I think anybody with two brain cells to rub together can figure out that things out here in the real world are not what they are reported to be by the dictatorship. Huge swaths of America in “flyover country” have become economic deserts and are beginning to depopulate as desperate people flee to anywhere they think they can find work, and a large portion of young White people are forced into the military because there are no jobs in their home towns.

Complicating the fact are the millions of illegal aliens who are taking the jobs that Americans traditionally would fall back on when manufacturing and good quality jobs aren’t available.

I really do think this may be it. Too many people have been put out of work for too long. The national debt has risen to an astonishing 17 trillion dollars, and 48 million Americans are on food stamps. All it will take is one more financial “straw” to break the camel’s back. If a financial crisis causes a stock market crash, the paper-thin confidence in the economy could quickly disintegrate, and a wholesale panic will ensue. We could easily see a crash that dwarfs the events of October 1929, only this time we don’t have a 90 percent White nation capable of recovering. This time, we’ve got a colossal burden of over 100 million non-Whites most of whom are parasites or incompetents, who have usurped jobs from better-qualified Whites.

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