OK, we know the recent statistics say that the unemployment rate is somewhere around 8.36%. Though, there are many, many sources that give a much bleaker picture of somewhere above 20 percent. I'd be inclined to agree with the latter because there are aspects that of this statistic that aren't considered when coming up with this skewed number. Here they are. This statistic doesn't take into account folks that have just gotten laid off and haven't applied for unemployment benefits or who have applied for benefits and haven't been approved yet. It also doesn't take into account the people that have exhausted their benefits and who still aren't working. The other issue, some of whom may think doesn't matter, is that this statistic counts part time workers and even full time workers with no benefits as being fully and gainfully employed. This in my estimation does not constitute full time employment of the kind that the American people should be able to engage in. I mean lets face it, with the Federal Reserve creating money out of thin are in a fractional reserve system, we have a currency that has debt attached to it from it's initial printing. Then when the IRS charges a tax on wages and salary which it calls income, we have a twisting of the definition of what income really is. Income was always defined as profits made by a corporation. Wages and salary were never meant to be taxed in this way; or at least not federally. This puts anyone who is working presently, in a form of servitude, and that is the problem. Now, all this being said, this article gives an alternative clearer picture of what may really be happening with our economy. Check it out and see what you think...
http://theintelhub.com/2012/03/30/japan-will-take-the-worlds-breath-away-part-ii/
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