Lies, damn lies, and statistics.
Anyone that quotes the unemployment rate as proof of anything, other than government propaganda, is either stupid or part of the whole facade.
The GDP calculations are also fraudulent, not just simply inaccurate. The GDP is largely phonied up by fraudulent inflation numbers. If inflation were accurately calculated, the GDP would be revealed to be negative every year since since at least 2008, since inflation is deducted from GDP. And that is without considering the horse apples they now include as “productive output”, like Hollywood “creativity”.
The BLS is an Orwellian agency of the nth degree.
Kool-Aid drinkers.
You can also add to that the 80 billion that is pumped into the economy every month is included in the GDP numbers.
This article is bovine squat.
Here in the northeast there has been no recovery (I doubt we’ve even reached bottom yet), and Drudge’s story about Red China & India combined surpassing Mexico as exporters of Third Worlders to the US is a frightening sign that for most Americans, there will be no recovery. What Mexicans did to blue-collar Americans, these Asian imports are doing to white-collar Americans. I already see so much of this in the financial, tech, and medical sectors; nice to see it finally making the news.