Ron Paul: Real Unemployment Is at 22.8%

Ron Paul

Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS). For the first time since the administration came to power, the official unemployment number fell below 8%. Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, just in time for Christmas, and also, the election. Others saw through this ruse.

[pullshow id=”nothing”][pullthis id=”nothing”]The situation on the ground looks nothing like a recovery. 23 million people are still out of work or chronically underemployed. This number is expected to rise dramatically next year.[/pullthis] The situation in Washington should not give anyone cause for optimism. Politicians refuse to look honestly and intelligently at the cause of our economic malaise, and so real solutions are not taken seriously or acted upon. It is much easier and less painful to simply recalculate the numbers and redefine the terms until a rosier picture is presented. There is only blind hope that at some point, for some reason, things might change. But nothing will change for the better if we only stay the course.

The truth is the long term solutions to our economic quagmire involve some short term pain. Re-evaluating the economic role of an institution as insidious and behemoth as the Federal Reserve will inconvenience some people, and those people happen to have a lot of power. Similarly, the idea of ending government programs and closing down superfluous departments will always upset someone because it means someone will stop getting a government check.

No one wants to upset the apple cart, even if all the apples are rotten.

Not all of the unemployed are counted in the BLS unemployment numbers. This is no secret. In 1994 government statisticians came up with the term “discouraged worker” to remove entire swaths of people from the unemployment statistic. Now all the government has to do to improve the unemployment numbers is discourage people from looking for a job.

Far more unintended consequences are created in Washington than jobs.

Ideally, the business sector should be able to depend on sound numbers from the BLS, but smart business leaders know that trust in these numbers leads to bad decisions and failure. In regards to the recent jobs numbers, investor Jim Rogers recently stated “I have learned not to take advice from the government, especially the US government, which frequently misleads its citizens.” He also noted the election just around the corner, suggesting timing as an extra incentive to keep fudging the statistics.

[pullshow id=”stats”]The real drivers of the productive economy can’t afford to take risks based on false numbers. This is why economist John Williams created Shadow Government Statistics, utilizing more traditional methodologies and definitions to show business decision makers the real economic picture, warts and all. He shows the real unemployment rate to be a staggering 22.8%.

[pullthis id=”stats”]This is a difficult figure to accept as the actual truth. Perhaps if the politicians did, the people would finally demand real change and real solutions. [/pullthis]Perhaps they would consider that all of the so-called stimulus spending, quantitative easing and mountains of regulation from Washington has only crippled the economy. Perhaps people would come to understand that fewer checks handed out from the public sector would mean more checks available in the private sector, and a return to real prosperity instead of just the appearance of it.


  • I’m still voting Ron Paul, a write in vote is the only real choice now.

  • I’m a 23 year old white male with an associates degree. I have been unemployed for nine months now, and can’t find work. I’ve tried several ‘jobs’ on Craig’s list, but they never turned out to be what they said they were. I just got a job today. Ill be doing janitorial work for minimum wage at food lion. Before I quit my job to go to college I was making $15 an hour for a landscaping company. I am now joining the national guard leaving for basic jan 23rd. I feel like I’ve been screwed

  • A real presidential race and great debates would have been Ron Paul on the Republican ticket, and Lyndon LaRouche on the Democrat side. Both men are true patriots with an honest grasp of the dire situation we’re in. It’s soooo sad that America faces what is probably its most perilous moment in our history and we have an impenetrably corrupt system supported by the most shallow, dumb, and morally bankrupt citizenry we’ve ever had. I think the God of Abraham, Isaac, and Jacob is going to allow this country, and the world to be shaken in a frightful way very soon. I wanna cry.

  • Surfisher


    Voting for either Barack or Mitt would be legitimizing further the corruption that seems to have no end in the aim to destroy Americans’ Freedoms and Prosperity!

    If Barack or Mitt win — Free America ENDS in 2012!

    VOTE for Garry Johnson — or face the dire consequences of failing to do so — TIME TO WAKE UP AMERICA!

    (Would love to write-in Dr. Ron Paul — but ALL indications are that such write-in votes for Ron Paul will be screened and then thrown out — that’s how much the Establishment fears the Good Doctor!)

  • Chaim Ben Pesach 2012

  • the only dumbass hear is you for you don’t even know what the facts are! go spread your msnbc democrat propaganda else ware the only people to believe your stupidity are ignorant dupes like yourself!

  • Go elsewhere to campaign for romney you dumdass. if you think there’s a nickel worth difference between obama & romney, your ignorant of the facts. Are you to stupid or lazy to investigate them. Go parrot you fox rhetoric elsewhere. Most people here are to smart to fall for your crap.

  • that was my point tho I was not perhaps so succinct!

  • J M Damon

    Playing the “Lesser of Evils” is a very dangerous game because, given the deceptive nature of evil, the greater appears the lesser.
    As for yours truly, I’d rather vote for someone I like and lose than vote for someone I don’t like and win!

  • bo dean

    I have been lost trying to find out why we only have these 2 clowns for our choices for president. meaning dipshit romney and obama. I watched those two debate and i just wish I could get up there on that stage between those two and say what in the hell are you two idiots even doing up here.. you dont know what your talking about, and you don’t have a clue how to fix this country and the mess we are in, and then i would like to turn to the live tv cameras and audience and say come on people we can take our country back if everybody came together and voted for Ron Paul on election day, no one could stop it, if we all stood together for one thing Ron Paul, we could take back this country.
    The oldest trick in the book is to devide and conquer, and the elite of this world have devised every way to devide us ,be it politics, religion, race, you name it.. but if we all were of one mind even if it was for this one moment we could conquer anything, nothing would be impossible for us to accomplish or kept from us, … it is going to take extreme measures to get all of us out of the extreme situation that we are in… think about it.. write Ron Pauls name on the ballot election day.. thank you

  • Mike

    The failure of the Ron Paul presidential bid to me shows that there are powerful forces at work to silence the man.

  • Warren Chase

    Many of the 182 responses here are paid for and written by workers of the Republican Party trying to get more votes for Romney and weaken the movement for freedom.

  • Eric R. W.

    Its really sad that we didn’t get anywhere with Ron Paul. But the more I study the government, mind control with our media, and the ignorance of most people, I have no hope with America and the world in the future. It makes me sick to the stomach to see ignorant people stick up for their political party so much. They’re so blind, they can’t even think for themselves. Always following one party of 2 parties even if the its so obvious that they’re wrong.

    I have never been very religious, in fact I think most religions are fake & satanic, but you should pick up the bible. It’s truth. America and the world will get worse, fallen prey to the satanic society who controls everything. There is nothing we can do but go against the mind controlled sheep & the majority of society.


  • To Hell with voting—-IMPEACH!!!!!!!!!!!!

  • Make mine Merlin Miller…the sole voice of sanity left….according to Blanchard & Co bullion dealers, who have their ears to the ground on the world economy at least as much as anyone in politics, claims that there are 242 million work age people in America —-100 million of them are not working—crunch the numbers for yourselves; for me that comes out as a jobless rate of worse than 41%. America is finished.

  • Richard Scaturro

    The fact that this truly great and noble statesman was not even allowed on the Presidential ballot speaks volumes about the corrupt control of the American political system and both of its parties by owners of the banks and giant corporations. They now own the U.S. government, as well as both parties. Ron Paul was (is?) our only hope for the American people to regain control of their now-defunct republic, currently the equivalent of a third-rate fascist banana republic posing as a representative democracy. I have great fear for the things to come for the people of the formerly great United States of America.

  • Ron Paul would’ve BEATEN the crap out of Obama in the debates!

    MAN, they’re boring now

  • Most states don’t count write-ins. I’m not sure any do actually. I didn’t literally mean they’d be thrown in the trash.

  • In God We Trust.
    A thank you to Dr. Paul for his honesty and triumph. Triumph in hearts across America.
    In God We Trust.
    Your God can have a name other than God. If faith is placed within that Higher Power, that Higher Power will provide. Faith, love and joy be sent to ALL with their opinions and their comments.
    Dr. Paul, my friend, I do believe that you will make the right, educated decision in whatever you do from here on out but believe me, you have my support 100%. Please call on your followers again if you need us.
    Thank you.