http://urbansurvival.com UrbanSurvival has a unique perspectives on today's news and economic outlook because it's all happened before: See our free daily updates . Falling auto sales, layoffs, displacement by technology, corporate crooks and corruption and a huge Debt Bubble. This free daily financial news site is George Ure's effort to document the emerging Second Great Depression - the modern analog to the 1929 -1939 Great Depression. In case you haven't noticed Depression Two - the Greater Depression - has been underway in slow motion since the Internet dotcom bubble burst in March 2000. Since then, the reports of "recovery" ring hollow to the masses of unemployed Americans. This is the financial news that matters most - to your wallet. I'm including the RSS feed as well even though it looks to be under development: <script language="javascript" src="http://www.rss-info.com/rss2.php?integration=js&windowopen=1&rss=http%3A%2F%2Furbansurvival.com%2Ftoday.xml&number=10&width=500&ifbgcol=FFFFFF&bordercol=D0D0D0&textbgcol=F0F0F0&rssbgcol=F0F0F0&showrsstitle=1&showtext=1"> </script>
Good site.... I check it every day..... nice to have different points of view on things.... you know... sort of like "triangulation".... the more points of reference.... the more accurate your view on the world will be..... JMHO....
Question: if the masses are unemployed, why do we supposedly have a 4.6% unemployment rate...which in economic terms is full employment? Is the .gov lying about the rate? This is just my own curiosity since my econimcs major in college called somewhere around 4% to be considered full employment since the other 4% doesn't want to work or physically can't.
Goverment lie? Never! The rest does not include those on welfare, social security disability (most of which is legal fraud), and those who just gave up looking for a job.