The US rate of unemployment, if measured according to the methodology used in 1980, is 22.5%. Even the government’s broader measure of unemployment stands at 17%. The 9.6% reported rate is a concocted measure that does not include discouraged workers who have been unable to find a job after 6 months and workers who want full time jobs but can only find part-time work.Silber's quoting Paul Craig Roberts.
I feel what Silber says about it deeply:
In our world today, if you are minimally conscious and honest, profound anger and bitterness are major indicators of psychological health. Given the suffocating cocoon of lies in which we live, it requires an almost unfathomable amount of sheer willpower to try to pierce the noxious air of our culture.
I look forward to his next article.
1 comment:
It is far more fundamental than the mere mis-statement and misinterpretation of statistics.
The total lack of morality and honesty in modern politics points to the likely end of the current civilisations.
It is not limited to the US. It is not limited to the West.
Three quick examples -
WMD in Iraq.
"Yes we can".
Tax cuts will stimulate the economy.
(Two from the US, one from NZ.)
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