Saturday, September 8, 2012

Morris: Real Unemployment Rate Is 11.4%

www.dickmorris.com

Fitzgibbon notes that the unemployment rate is being held down by 368,000 new people who have dropped out of the labor force. He says “Labor Force Participation rate, which has fallen sharply to 63.5%, a new 31 year low reading.”

I think it was the comedian Flip Wilson who said if you don't put a coin in the slot, you can't win the jackpot.  Same with the Republicans.  The Republicans oddly enough, don't seem all that intent on winning the jackpot, so they consistently refuse to put the coin in the slot.  The "coin" in this analogy is an ideological critique of the Obama Administration, as indicated in a previous post.

Put the coin in and let's see what happens, comrades.  That is, if you are really serious.


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