Voodoo Economics and Unemployment

Canada Free Press ^ | 1/14/2014 | Dr. Ileana Johnson Paugh

[rktman]

Ninety-two millions of Americans are unemployed yet the spin masters are telling voters with a straight face that the economy is recovering nicely. The much touted 6.7 percent (U-3) unemployment rate has dropped again miraculously in December thanks to voodoo economics and statistics that totally discount millions of discouraged workers who have dropped out the labor force and stopped looking for work.

[rktman]

Somehow I caught the clown spouting that despite only gaining 74k jobs in December, "you have to look at 2013 as a w"hole"" and you'll see it was a great year for adding jobs. I also wondered at the time, as does the good Doctor, how can these clowns manage to say this crap with a straight face? If someone drops off the rolls, it don't mean they got a job.

[skeptoid]

Voodoo Economics, eh?

Well, we ARE in deep 'voodoo'.

(. . .haven't yet found the Perot clip)