Do you think real unemployment is only 8.1%? You must live in a nice part of the country.
Yo Kamikaze—Here’s what I think:
1. Economists consider 5% unemployment to be full employment. Therefore, whatever the unemployment rate may be 5% must be subtracted from it.
2. I see “help wanted” signs virtually everywhere I look in the NJ sea shore communities surrounding me. To be sure, they aren’t gonna make you rich. But they will put food on your table, a roof over your head and clothing on your back. Of course, these jobs might not support bar hopping every night, eating out once or twice a week, going to the movies (tickets are around $8) more than once or twice a year, Blackberries, iPods, expensive jewery/cars, etc. But there are jobs out there.
3. Presently, 7-13 million illegals are employed in this country. There are more than enough jobs in that sector alone to account for the 600,000 to 700,000 (Bureau of Labor Statistics for Feb 09) so-called unemployed Americans. Note: Bureau of Labor Statistic’s unemployed count does not differentiate between legal and illegal employee. Surely you can deduce from this that the number of actual unemployed Americans is probably smaller than the published number.
Those are facts, my friend. Why are you so easily buying into this wholly demrate/RINO manufactured economic crisis? Shame on you.