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Thursday, October 27, 2016

The Rape of America -- The Core Federal Election Issue

http://www.safehaven.com/article/42798/the-rape-of-america-the-core-federal-election-issue

But citizens increasingly know something is wrong - and that realization is despite soaring stock markets and bond markets since the Great Financial Crisis of 2008.
The current US administration promotes an unemployment rate of 5% (down from 10% in 2009) as a sign that the economy has recovered from the Great Financial Crisis.
Flying in the face of this promotion is the fact that the number of adults not in the US labor force is 94 million people in September 2016 up from 80 million not in the labor force in October 2008. Excluding 14 million people from the US labor force so that they are not counted as unemployed helps to statistically reduce the unemployment rate.
And 41 million Americans now remain on food stamps up from 28 million in October 2008.

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