The White House and the media are telling a big lie!
Now, I’m sure this does not surprise you in the least. In fact, right now you may be saying, “Yes, Frank. I know they are. But which particular lie are you referring to right now?”
The particular lie I’m referring to is the one about unemployment. They are proudly standing behind podiums in their expensive suits, smiling broadly and telling the nation the unemployment rate has dropped to 5.6 percent. They smugly say this is the lowest it’s been since June 2008 when the recession really kicked in.
But there is a very big problem with this statistic. IT’S A BIG, FAT LIE. It doesn’t count the people who have been unemployed for such a long time that they quit looking. It also doesn’t count the people who are underemployed. What the heck kind of statistic is that?
Many very qualified workers have become so sick and tired of looking for jobs that weren’t there, they just flat out stopped looking and continued to exist on what they’d already earned. Many other very qualified people are currently working between 10 and 30 hours a week in part-time positions because they can’t find the full time opportunities they need to support their families. Do you think Obama is losing any sleep over those people? Of course not. He and his people only care about the “official” statistics that make them look good.
And it’s not just me who thinks this. The non-partisan Gallup research and polling firm declares that the official U.S. unemployment rate is an underestimation of reality and that it amounts to a “big lie.” Gallup CEO and Chairman Jim Clifton says that the 30 million Americans who have quit looking for work after four weeks are “as unemployed as one can possibly be.”
Are you one of those people who is either underemployed or who has quit looking for jobs that don’t exist? If so, how do you feel about the Obama Administration’s claim that the unemployment rate is so low? Hope to hear from you about this.