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The Real Economic Numbers: 21.5% Unemployment, 10% Inflation And Negative Economic Growth
TEC ^ | 06/12/2018 | Michael Snyder

Posted on 06/13/2018 7:55:59 PM PDT by SeekAndFind

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1 posted on 06/13/2018 7:56:00 PM PDT by SeekAndFind
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To: SeekAndFind

Bump for tomorrow. There is a lot of B.S. in this piece.


2 posted on 06/13/2018 7:59:10 PM PDT by Alberta's Child ("I saw a werewolf drinking a pina colada at Trader Vic's.")
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To: SeekAndFind

Too much information.


3 posted on 06/13/2018 7:59:28 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: SeekAndFind
Snyder, did you say this when obama was president?

4 posted on 06/13/2018 7:59:28 PM PDT by Right Wing Assault (Kill: google,TWITR,FACEBK,WaPo,Hollywd,CNN,NFL,BLM,CAIR,Antifa,SPLC,ESPN,NPR,NBA)
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To: SeekAndFind

Some of you will remember the threads here about the hundreds of locomotives on sidings near Tucson AZ in 2016. I can tell you that they are all gone and towing trains across America.


5 posted on 06/13/2018 8:00:37 PM PDT by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
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To: SeekAndFind

While I find the author and source somewhat questionable, I also agree in part.

We have literally, sent millions of jobs offshore.

Millions.

Bring them back to America.


6 posted on 06/13/2018 8:01:36 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: SeekAndFind

This is correct. These numbers we are fed are lies!!


7 posted on 06/13/2018 8:02:24 PM PDT by raiderboy (Trump has assured us that he will shut down the government to get the WALL in Sept.)
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To: Alberta's Child

“TEC” stands for “The Economic Collapse” … this creative writing project is meant to sell the idea …….


8 posted on 06/13/2018 8:02:26 PM PDT by Ken522 (e)
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To: SeekAndFind

Because no one goes to the mall anymore ~ It’s Old School... and where derelicts loiter.


9 posted on 06/13/2018 8:03:37 PM PDT by nevermorelenore ( I miss Reagan i)
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To: Right Wing Assault

RE:Snyder, did you say this when obama was president?

Yes he did. He has been saying this for the longest time I can remember.


10 posted on 06/13/2018 8:06:56 PM PDT by SeekAndFind
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To: SeekAndFind
I get all my important news from the "TEC" website: "theeconomiccollapseblog.com. The Economic Collapse Blog dot Com.

I wonder if they sell gold coins and vitamin supplements too?

Blog pimping?
 

11 posted on 06/13/2018 8:07:11 PM PDT by Governor Dinwiddie (MAGA in the mornin', MAGA in the evenin', MAGA at suppertime . . .)
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To: SeekAndFind

The absolute numbers are difficult to nail down. What is clear is that things are better under Trump.


12 posted on 06/13/2018 8:07:48 PM PDT by plain talk
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To: Governor Dinwiddie

RE: I wonder if they sell gold coins and vitamin supplements too?

I don’t think he does. This is a one man blogger.


13 posted on 06/13/2018 8:08:30 PM PDT by SeekAndFind
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To: SeekAndFind

Trump can’t be blamed for using the same phony methodology Obama used to show the improvement. But I’d love to see them get back to more honest numbers. Things are definitely better. But they’ve been lying so long they wouldn’t know an honest number if it bit them.


14 posted on 06/13/2018 8:09:11 PM PDT by marron
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To: SeekAndFind

Underemployment has been a problem during the last 10 years or so. A lot of people are working multiple part time jobs.


15 posted on 06/13/2018 8:09:55 PM PDT by EdnaMode
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To: SeekAndFind

There’s some truth to this wacky article.

I never bought the “unemployment rate” when Obama was prez. And don’t now, however, whatever the “real” number is, it’s clearly getting better under Trump.

And come to think of it, if you count “health care” in the mix, then inflation is thru the roof, since the “Affordable Health Care Act.”


16 posted on 06/13/2018 8:13:09 PM PDT by JPJones (More tariffs, less income tax.)
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To: SeekAndFind
a friend down in south Idaho that is a highly trained software engineer that has been out of work for two years. If the unemployment rate is really “3.8 percent”, why can’t he find a decent job?

There are software companies in Idaho?

17 posted on 06/13/2018 8:15:23 PM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: SeekAndFind

Many “disability” folks are not going to get a job...too much fun smoking dope all day. Thus, the actual millions “unemployed.”


18 posted on 06/13/2018 8:19:05 PM PDT by Cedar
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To: SeekAndFind

This is truth but Trump is using the numbers that were used for Obama and his numbers are improving over those of Obama’s. Things are moving in the right direction.

The Trump corporate tax cuts are astounding and have only started to work their way into expansion of GDP and the workforce. So there is a pronounced lag to Williams’s analysis. The effect of the tax cuts is not included in the mix because the measurements are yet to come.

At some point however, when Americans can see the full effect of the Trump ta cuts and his enormous cutting of costly regulations, when Americans see that happy day are here again, then it would be worth to see an economic commission formed to revamp economic measures that better reflect reality and not some manipulation made for political expediency.


19 posted on 06/13/2018 8:21:07 PM PDT by Hostage (Article V)
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To: raiderboy

[ This is correct. These numbers we are fed are lies!! ]

Well if we didn’t have a welfare state these numbers would be an emergency situation..

Since we have a welfare state they are sad but in a different way...


20 posted on 06/13/2018 8:22:25 PM PDT by GraceG ("Q is dead, been dead a for a while...")
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