Flanneryaug said:
It clearly is not. Look back at how it was during the Great Depression, it was much worse than it is now. You could argue that we are still in a recession, but definitely not a depression. |
The official unempolyment rate is not at all acurrate since it doesn't count those who have stopped looking for work, those who no longer recieve unempolyment benefits, those who are working part time, and those who have never entered the workforce but are old enough to do so. In reality the unemployment is actually around 22.5% percent.
http://www.wnd.com/2012/02/real-unemployment-rate-22-5/
What is shocking is that no major news station is reporting this, even Fox News avoids saying how bad the economy really is.
