The real pain in America
-Geaux
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years
Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.
In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.
Read the rest here:
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years | WashingtonExaminer.com
Record 20% of Households on Food Stamps in 2013
(CNSNews.com) -- A record 20% of American households, one in five, were on food stamps in 2013, according to data from the U.S. Department of Agriculture (USDA).
The numbers also show there was a record number of individuals on food stamps in 2013 and that the cost of the program, the Supplemental Nutrition Assistance Program (SNAP), was at an all-time high.
The USDA says that there were 23,052,388 households on food stamps in the average month of fiscal 2013, an increase of 722,675 from fiscal year 2012, when there were 22,329,713 households on food stamps in the average month.
http://cnsnews.com/news/article/ali-meyer/record-20-households-food-stamps-2013
-Geaux
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years
Don't believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.
In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.
Read the rest here:
Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years | WashingtonExaminer.com
Record 20% of Households on Food Stamps in 2013
(CNSNews.com) -- A record 20% of American households, one in five, were on food stamps in 2013, according to data from the U.S. Department of Agriculture (USDA).
The numbers also show there was a record number of individuals on food stamps in 2013 and that the cost of the program, the Supplemental Nutrition Assistance Program (SNAP), was at an all-time high.
The USDA says that there were 23,052,388 households on food stamps in the average month of fiscal 2013, an increase of 722,675 from fiscal year 2012, when there were 22,329,713 households on food stamps in the average month.
http://cnsnews.com/news/article/ali-meyer/record-20-households-food-stamps-2013
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