According to John Williams at ShadowStats.com, the actual unemployment/underemployment rate in the US is now 21.1%, a number that puts us squarely in the year 1932, one of the bleakest, most desperate years of the Great Depression. And we're only three-quarters through the current year! The bad news has already invalidated all the happy-talk predictions the Obama administration made way back in January and February. Now that Plan A is defunct, do they have a Plan B?
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