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IPFS News Link • Ron Paul Says...

Ron Paul Issues Statement on Unemployment Figures

 Today, Congressman and 2012 Republican Presidential Candidate Ron Paul issued the following statement regarding yesterday’s report that the official unemployment rate--which understates the actual amount of unemployment in the economy-- remains over 8 percent in February, the same month that saw the Federal government run the biggest monthly deficit in history.

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Comment by panocha
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This political maneuver doesn’t do Ron Paul any good. It only grabbed publicity headlines when he said he has "further proof of the failure of the Keynesian spend-borrow-tax-and-inflate policies embraced by the beltway leadership of both parties" 

Nothing changes in the economy’s unemployment scenario. In fact the situation is "steady".

A recently published report says: "A separate measure of unemployment, which includes ‘discouraged workers’ who have given up looking for jobs (1.3 million), and people working part-time largely because they couldn't find full-time work (9 million), held steady at 17 percent. Many economists feel this number gives a more thorough picture of unemployment…"

Don’t be misled by political propaganda reports

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