My Loans Consolidated

Last Friday on the 5th of March, 2010, Senate Majority Leader Harry Reid proclaims the big day of America, “Today is a big day in America.” The reason for that day being a big day was that “only 36,000 people lost their jobs today”. I am not sure if that fact should become a reason of Americans to celebrate it as a ‘big day’. Here is the full story of his ironic proclamation, click here. Or go ahead and watch him actually say that on national TV:

Fortunately I personally don’t believe that Harry Reid is actually happy to see 36,000 people lost their jobs. However, I do believe also that he is very happy if Americans are silly enough to accept this as really good news. Some people might actually be silly enough to be happy to see a slight increase in the job loss rate although it is still in the tens of thousands each month.

Pathetically, it may be that the number is actually higher than whatever the Americans are told to believe. People are to believe that unemployment rate trickles down each month and still thousands of jobs each month are lost.

The government reported that the unemployment rate in February is up to a bit to 16.8%. However, there are many other statisticians that have a completely different number than what the government’s U6 reports. If you check the graphic below, you will see that according to SGS Alternate the real unemployment rate is almost 22% now.

The Shadow Government Statistics reports to you “Analysis Beyond and Behind Government Economic Reporting”. You will be able to see statistics completely different from what the government is reporting to the people and want the Americans to believe.

The US economic has been in a mess way before the recession actually started in 2007. However, the media/ government economist kept telling the people that there was no recession up until Spring 2008 and then after the stock crash happened. The same media and government economist are now telling you good news of the US unemployment rate being 36,000 on March 5th, 2010 and the unemployment rate for the past month in February 2010 was 9.7%… where as the Shadow Government Statistic graphic above actually say that it was close to 22%.

Whatever the media or the government is now telling you, it is most likely now that it is a lie. When Harry Reid proclaimed that “big day of America” what he was really suggesting was a celebration that the unemployment rate is truely 22%.

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