Kurt Nimmo
PrisonPlanet
September 7, 2012
The privately owned Federal Reserve will pump more fiat dollars into the economy as job growth showed a sharp decline in August.
“While the unemployment rate dropped to 8.1 percent from 8.3 percent
in July, that was because so many Americans gave up the hunt for work,”
reports Reuters.
That number is seriously off the mark, of course. The real
unemployment rate is over 20 percent. The government’s U-6, which gives a
more complete figure of how many people are really out of work, pegged
the rate 14.9 percent at the start of August.
The seasonally-adjusted SGS Alternate Unemployment Rate, however, puts the real jobless rate closer to 23%.
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