Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 yearsWashingtonExaminer.com
Jan. 22, 2014
Sweden: Migrant Baby Boom Packs Hospitals; Somali's Birthrate 3.9, Native Swede's 1.8
Justin Trudeau: "I'm a Proud Feminist," Muslims "Essential" to Canada's Success
Trump On EU: 'People Want Their Own Identity,' Don't Want Migrants 'Coming In & Destroying' Them
UK Mom 'Cheats On Husband With Migrant' While Volunteering At Calais Jungle
Matt Lauer Says He 'Burst Out Crying' Watching Obama Award Biden Medal of Freedom
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.