Mike Huckabee News
Jan 23 2014
Figuring out the real jobless rate is a job for Sherlock Holmes…Maverick Wall Street adviser David John Marotta told clients that the official unemployment rate of 6.7 percent is a fraud. Marotta said that only covers people who are looking for work. But if you include everyone who has no job, unemployment would be at 37.2 percent. That includes people who want a job but have given up hope of ever finding one, people who aren’t able to work, and people who simply don’t want a job. The real unemployment rate, meaning everyone who wants to work but can’t find a job? It’s probably somewhere BETWEEN 6.7 and 37.2 percent. The trouble is figuring out exactly where. But here’s a clue: The USDA reports that in 2013, four years after the recession officially ended, a record 20 percent of US households – that’s one out of every five – were on food stamps. I can’t say exactly how many Americans are jobless, but whoever’s making economic policy in Washington these days needs to join them.