Grrr … Argh … Rhetoric and Reality

Let’s write a reality check.

I’ve heard a number of times over the past several months from news sources trusted by a great number of Americans, from pundits and political operatives and from a moderator at Âa recent debate, that the unemployment rate in the US is not 4.9 percent as official numbers state, but closer to 42 percent.

Here’s the way a debate moderatorÂ(surely a misnomer) put it: “…almost 40 percent of Americans are without a job and are not looking. Many have given up. That’s wh...