Economic Expert Fears Assassination for Telling Truth About the Real Unemployment Rate

by Dave Hodges, The Common Sense Show

"I am really good at this, anytime, anywhere".

“I am really good at this, anytime, anywhere”.

 

In 2012, President Obama was heard, by Whitehouse assistants, bragging to his lackeys about his ability to kill people with drones and that he was really “good at it”.  I am sure if we ask Michael Hastings, he would agree that this President is outstanding at killing people with drones.

 

Michael Hastings ran into a tree at speeds in excess of 70 mph, and the front end of the car was not bent back.

Michael Hastings ran into a tree at speeds in excess of 70 mph, and the front end of the car was not bent back.

Message Received

Wants to make it home in one piece after CNBC interview.

Wants to make it home in one piece after CNBC interview.

Move over Andrew Breitbart,Tom Clancy and of course, Michael Hastings, the President and his skill with drones has not gone unnoticed by economic expert, Jim Clifton. Clifton, the chairman & CEO of Gallup, a performance consulting company, told the host of a CNBC show on unemployment the following:
That he was worried that he might “suddenly disappear”   and that he “not make it home that evening if he disputed the accuracy of the government’s stated unemployment rate“.

Clifton slammed the cheerful spin put out by the government’s propagandists as Obama and his minions said the unemployment rate 5.6%. Clifton referred to Presidential statements to this effect as “The Big Lie”, saying “the real Obama unemployment rate has never recovered and is still above 10% and it’s the worst it’s been in 30 years.”

Jim Clifton, forgot to mention that after unemployment benefits are cut off after six months, that person is counted as employed. If one holds a teaching credential, a license to cut hair or a real estate license, that person is counted as being employed even though there is no proof to support the assertion.

At the end of fiscal year 2013, Shadow Stats conducted a large scale analysis related to the effectiveness of Obama’s economic policies and found the following:

Obama’s Income and Employment Opportunities: “Hear No Evil, See No Evil, Speak No Evil”

 

"Say it ain't so"

First and foremost, Americans no longer live in the highest salary paying country in the world. In fact, the United States does not even crack the top ten list of the highest salary paying countries on the planet in which Switzerland, Germany, Denmark, Japan, Norway, Austria, Belgium, Ireland, the Netherlands, and the United Kingdom round out the top ten and pay their workers more than workers in the United States. In fact, the United States only ranks 20th in terms of overall gross pay!

Young adults who are degreed and/or skilled in fields such as engineering or information technology skills, are really wasting their time by working in the United States. Eight of the world’s ten highest-paying countries for information technology (IT) managers are in Western Europe, according to a new survey by Mercer Human Resource Consulting. The survey found that Swiss managers are paid the most, followed by those in Germany and Denmark. In fact, IT management is another field where U.S. workers fail to crack the top ten in income, the United States ranks 14th in IT management compensation. Even debt ridden Spain, Italy and Greece pay their IT managers more than what Americans earn on average and these three nations are currently on the edge of economic collapse.

Unfortunately, the public does not know what the true unemployment rate is in America because the Department of Labor plays games with the numbers as was noted above.

The “Alternate Unemployment Rate” more accurately reflects the current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were eliminated from official existence by the Federal government back in 1994. That estimate is added to the Bureau of Labor Statistics (BLS) estimate of U-6 unemployment, which includes the previously short-term discouraged workers.

The “U-3″ unemployment rate is the monthly headline number. The U-6 unemployment rate is the BLS broadest unemployment measure, “including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment” as this group would be categorized as the underemployed. When all figures are combined, the Shadow Stats calculations are staggering as the unemployment and underemployment rate is approaching 24%!

shadow stats unemployment

Shadow Stats is one of the most interesting financial websites that I have found in recent memory and they are worthy or a hearty recommendation as they give the public an accurate way to compare real unemployment to the government contrived games that are played with the unemployment numbers.

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