Shadow Government Stats
So the question is - "Are we in a Depression?"
It would appear that the definition for "Recession" and "Depression" are pretty much the same; however, one expert thinks that unemployment rates above 20% for a sustained amount of time is Depression.
MORE:
A majority of poll takers say Depression.
MEANWHILE OBAMA CONTINUES TO LIE ABOUT UNEMPLOYMENT
Obama "encouraged" by jobs report
Feb 5 - U.S. President Barack Obama said the new jobs figures showed the U.S. is climbing out of the ''huge hole'' created by the economic recession. Jon Decker reports.
So the question is - "Are we in a Depression?"
It would appear that the definition for "Recession" and "Depression" are pretty much the same; however, one expert thinks that unemployment rates above 20% for a sustained amount of time is Depression.
MORE:
A majority of poll takers say Depression.
MEANWHILE OBAMA CONTINUES TO LIE ABOUT UNEMPLOYMENT
Obama "encouraged" by jobs report
Feb 5 - U.S. President Barack Obama said the new jobs figures showed the U.S. is climbing out of the ''huge hole'' created by the economic recession. Jon Decker reports.
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