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Ron Paul says unemployment is 20%
CNN ^

Posted on 10/23/2011 7:18:00 PM PDT by alexmai

Edited on 10/23/2011 7:21:57 PM PDT by Admin Moderator. [history]

“I think the downturn in the economy occurred in the year 2000,” Paul told CNN, adding that there have been no new jobs since then “and yet we’ve had a 30 million increase in population.”

“Just go out and talk to the people – unemployment rate in the true numbers (is) over 20%, so there’s been a depression,” Paul said after an appearance on NBC’s “Meet the Press.”


(Excerpt) Read more at politicalticker.blogs.cnn.com ...


TOPICS:
KEYWORDS: americans; budget; campaign; economic; economy; government; recovery; savings; spending; taxes; taxing; unemployment
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1 posted on 10/23/2011 7:18:01 PM PDT by alexmai
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To: alexmai

I don’t have too many issues with Ron Paul’s economic / libertarian views, it’s when he starts speaking about cultural issues and foreign policy that he makes me nervous.


2 posted on 10/23/2011 7:21:31 PM PDT by YankeeReb (No matter what, AB0 in 2012.)
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To: alexmai

Twenty percent is bascially stating that our economy is getting butchered. I also think it’s a lot more accurate.


3 posted on 10/23/2011 7:21:57 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: alexmai

Addressing just the headline, Paul is right, US unemployment is right around 20%.


4 posted on 10/23/2011 7:23:18 PM PDT by Navy Patriot (Join the Democrats, it's not Fascism when WE do it. (plagiarized))
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To: YankeeReb

The problem with a libertarian and foreign policy is I have the feeling that libertarians aren’t likely to appreciate the need of following a set structure of protocol to ensure that no one is offended.


5 posted on 10/23/2011 7:23:27 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: alexmai

He’s right about this. Government statistics are a lie when it comes to unemployment and actual inflation.


6 posted on 10/23/2011 7:24:47 PM PDT by 3Fingas (Sons and Daughters of Freedom, Committee of Correspondence)
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To: alexmai

Looks like Paul is splitting the difference between the Labor Dept.’s U6 figure and Shadow Statistics’ figure.


7 posted on 10/23/2011 7:25:00 PM PDT by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: alexmai

You’ve posted a total of ten threads since joining FR in July, yet you haven’t posted a single reply.

Just so you know, that’s considered extremely bad form around here, and makes you suspicious in the eyes of many forum regulars.


8 posted on 10/23/2011 7:27:00 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: alexmai
Everybody says Paul is too far out there to be president.
I'm starting to think that he is sane and the rest of us are the crazy ones.
getting rid of five useless federal departments may seem crazy but they don't really serve any purpose, we can't afford them, and they are probably unconstitutional. So who are the crazy ones?
9 posted on 10/23/2011 7:28:49 PM PDT by oldbrowser (Democrats have no superego.)
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To: Navy Patriot
Addressing just the headline, Paul is right,
US unemployment is right around 20%.

Agree, If not more....
the Liberals Marxists, are committed to
destroying the American Middle class.
the Wealthy can move away / pay protection $$$$$


10 posted on 10/23/2011 7:30:07 PM PDT by skinkinthegrass (I can take tomorrow, spend it all today. Who can take your income, tax it all away. Obama Man can. :)
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To: YankeeReb

yeah, the Founders were rubes. We’re better off spending hundreds of billions annually in a Quixotic bid to shape world governments. Why shouldn’t we get thousands of Americans killed and tens of thousands of Americans wounded establishing ‘Islamic Republics’, and defending arab kings? I mean, it’s not like we have to borrow trillions of dollars from other nations that don’t have our interests at heart to do it or anything. What’s the worst that could result?


11 posted on 10/23/2011 7:31:43 PM PDT by Gunslingr3
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To: alexmai

12 posted on 10/23/2011 7:33:35 PM PDT by FritzG
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To: 3Fingas; Niuhuru

The Ron Paul S.W.A.G. He has a job. For the government. So what does he really know? IMO, add 10 more points.


13 posted on 10/23/2011 7:36:17 PM PDT by bigheadfred (But alas)
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To: oldbrowser
getting rid of five useless federal departments may seem crazy
but they don't really serve any purpose, we can't afford them

sounds pretty sane to me....


14 posted on 10/23/2011 7:39:19 PM PDT by skinkinthegrass (I can take tomorrow, spend it all today. Who can take your income, tax it all away. Obama Man can. :)
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To: YankeeReb

Same here. I agree with him on economics but I have to cover my face and groan when he starts pouting off about the other stuff.


15 posted on 10/23/2011 7:41:06 PM PDT by max americana
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To: FReepers; everyone; All
marine-corps-di


PLEASE CONSIDER DONATING TO FREE REPUBLIC TODAY OR BECOMING A MONTHLY DONOR


CLICK ON THE IMAGE ABOVE TO DONATE



16 posted on 10/23/2011 7:44:24 PM PDT by onyx (You're here on FR, so support it! Compiling New Sarah Ping List. Let me know if you want on it.)
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To: alexmai
But how is Ron Paul basing his 20% figure? Given that government calculations for unemployment rate can be all over the place, an accurate figure in modern times is at times hard to come by.

Besides, this is why we need MAJOR tax reform, at least to Steve Forbes' flat-rate income tax plan. That way, businesses are encouraged to keep their liquid assets and capital investments in the USA because of being tax advantageous to do so.

17 posted on 10/23/2011 7:51:16 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: FritzG
Great labor graphic


Pre__sent Oblah..blah, You can run, but you can't hide the facts....Your a Failure

18 posted on 10/23/2011 7:52:00 PM PDT by skinkinthegrass (I can take tomorrow, spend it all today. Who can take your income, tax it all away. Obama Man can. :)
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To: alexmai

Even a stopped cukoo clock is right twice a day.


19 posted on 10/23/2011 8:01:36 PM PDT by Crucial
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To: max americana

After reading Richard Maybury’s Uncle Eric series, and reading more and more on economics, I must say that libertarian worldview and economics is attractive and eye opening. As a coherent worldview it holds together nicely and has interesting perspctives.


20 posted on 10/23/2011 8:02:43 PM PDT by Chickensoup (In the 20th century 200 million people were killed by their own governments.)
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