I’m examining what the actual percentage of the unemployed should be.
Whatever number is being published today, the number I have arrived
at below should be added to that figure:
First of all take the number of homeless in America 554,000 and divide
it by 2 = 227,000. Then estimate the number of under-employed (people
not earning enough to live on and having to forgo some vital necessities)
I’m willing to guess it’s around 30,000,000. Divide that by 2 = 15,000,000.
Add those together you have 15,227,000 which is (4.7% of today’s population)
should added to the number of the percentage of the unemployed today,
which is 3.8% and you get an unemployment rate 8.5%.
I also firmly believe that the actual number is above 10%.
Fake news is far more abundant than we will ever know.
One example if this is found by looking into what commodities are used to
determine those cost of living figures. You must include all consumables.
this means all maintenance items, repairs and replacements, as they are
a cost of living. These are the items that are going up as much or more
than 100% per year.
Is a recession coming? Do the math.
Bill