Actual unemployment is 37.2%, 'misery index' worst in 40 years.....this isn't political it's social

http://washingtonexaminer.com/wall-street-advisor-actual-unemployment-is-37.2-misery-index-worst-in-40-years/article/2542604

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.

Think a little bit......are you working.......are you 65.......I know that little light is dimming but maybe.....just maybe you can figure this out on your own.

During the whole entire Great Depression the highest the unemployment rate ever got was 24.9%.
Do you honestly, cross your heart and hope to die, believe it could be 37% now? Forget what that link says, do you see that level of unemployment when you look around you?

After I retired the company I was with laid off 6 men in Florida...So they might say the unemployment rate is worse than reported...

Actually the math makes it even worse..

About 20% of the population is under 16, which brings the total population in the working age down to roughly 242 million. So if there are really 92 million people out of work in the working age, that makes it closer around 38%.

http://www.zerohedge.com/news/2014-01-10/people-not-labor-force-soar-record-918-million-participation-rate-plunges-1978-level

2seaoat wrote:Think a little bit......are you working.......are you 65.......I know that little light is dimming but maybe.....just maybe you can figure this out on your own.

Think a little bit......are you working.......are you 65.......I know that little light is dimming but maybe.....just maybe you can figure this out on your own.

Probably you're that age too and have FORGOTTEN that there are MILLIONS of young people, MILLIONS of people of child bearing age who are still having and enjoying sex. That results in BABIES, who, 15 or 16 years later enter the JOB market. We also have millions of illegal aliens crossing the border along with all the people who (and I know this has never occurred to you) actually enter the country LEGALLY.

You do love leaving that out of your "equations".