Propaganda Gloat Signals Theater of the Abdurd

When we have our President taking a victory lap over propaganda, in this case the inaccurate unemployment numbers and the portrayal of a sound economy, we truly have reached the theater of the absurd.

Obama gloats over the "fake" unemployment rate of 4.9%, but is the real story being leaked out?  Major layoffs have been announced, and the BLS is crying foul.

The Economic Policy Institute claims the real rate unemployment rate is 6.6%, a whopping 34.70% higher than our gleefully arrogant President proclaimed.

But even their number is understated.

ShadowStats.com indicates the actual unemployment rate is just over 10%, which we consider reasonably accurate.

There are approximately 94 million people out of work and the real unemployment rate is approximately 10.2%. If real full time jobs were available, the unemployment rate would be ticking higher as more folks would be entering the pool of those looking for work.

And we have not even entered a discussion of the staggering numbers of folks who have moved from the category of  unemployed to disabled.

We are being lied to by our government on a daily basis.


What jobs? BLS says 665,000 job LOSSES