Weekly new unemployment claims dropped last week to 388,000 which is the lowest they have been since July of 2008. Of course we have seen the highest retail spending on Christmas since 2008. Do you think the two might have something to do with one another? The fact is the number of people receiving long term unemployment rose for the week.
We will get to see the ugly truth when the yearly unemployment report is released sometime in the next two weeks. The way the mainstream propagandists are back peddling from their positive growth dogma, I have to believe the yearly report will show unemployment to be unexpectedly high.
Continue reading “99er Unemployed, Do Not Let Evil Men Triumph”