Trump math
by digby
Donald Trump is telling people that the unemployment rate could be as high as 42%. And yes there are probably more unemployed than are reflected in the official numbers. But let's just say he's exaggerating. I know, hard to believe, coming from him.
Unemployment has really come down. Obviously, the losses in income incurred over that period period of Great recession --- time, wealth accumulation, career advancement, debt are still hanging over people. But it is getting better, at least in this regard.
And yet Trump says the real unemployment rate could be as high as 42%.
This is good news too --- for the younger, college educated anyway:
If we could get rid of their debt overhang, the younger generation might be looking at a slightly brighter future than we thought they would be a few years ago.
As long as the Republicans don't take total power and do what they always do --- destroy everything and leave the mess to their rivals.
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