Archives for February 2017

President Trump stated tonight (once again) in his State of the Union address that there are "94 million unemployed Americans". Let's take a few minutes to dissect that number to judge the validity of that statement. There are roughly 323 million people living in the United States. If there were 94 million people unemployed, that would mean, the unemployment rate is now at 29%. In 1933, in the … [Read more...]