posted on Jul, 4 2013 @ 01:41 PM
The sad part is that anyone believes these "reports" as any sign of some kind of truth in recovery.
It is like people can stare in the face of a dilapidated economy, continue to watch people without jobs, continue to watch as no jobs return, but
because these "reports" and the stock market is on the up, that must mean that everything is honky dorey.
Employment makes or breaks an economy. If you look are realistic numbers - there are over 200-300 thousand people entering the workforce each month in
the US, and that isn't even counting immigrants, legal or not. That means that the 100k jobs that are being added, aren't accounting for even half
of those jobs. That means that regardless of what the "numbers" say that are released by big brother, unemployment is higher than ever reported,
more so around the 30% range.
The reports can say all they want, but reality... actually being out in the country tells a completely different story. It is a story of lost hope and
it is losing more and more each day.
There is no recovery from this. Our economy is quite literally a bomb. We can stave it off for too long, but the more we waste our country's money on
holding off a crisis, the less our money is worth, the less countries will support us and it as a reserve currency, and the greater the fall will be
in the end.
The question only remains as to when "the end" will come.