I sincerely hope no one interprets my skewering of the Obama administration as an endorsement for Republicans. The only thing keeping Republicans from being the slimiest creatures on the planet is Democrats.
The REALLY fun part about all this is that the government has under-reported unemployment for more than two decades. John Williams at Shadow Government Statistics uses the government's pre-1982 formulas for calculating things like CPI and unemployment. He says the true unemployment rate, using the government'e earlier formula, is likely over 20%.
Now that's what I call "change we can believe in."
Monday, November 9
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