Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years

Paul Bedard The Washington Examiner 1/21/2014

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the realunemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, […]

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