John Williams at SHADOW GOVERNMENT STATISTICS has made a career of straightening out statistical reports put out by the government. He uses the same raw data, but challenges the formulae the government planners use, since those formula are politically-based and influenced. You have to pay big bucks to get his reports, but people mwho do buy the reports then use them in their own calculations. And as some are reporting, Williams calls unemployment at 17.5 per cent now.
Friday, January 16, 2009
Unemployment is Now 17.5%
Posted in busted, govt regulation, market intervention, Stores Folding by John Wiley Spiers
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