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you see is mere illusion. The REAL unemployment figures are around 15% - the figures we see don't include millions of homeless (they're just "discouraged workers"), and there are millions more who, if not for food stamps and food banks allowing them to put every cent of their part-time wages into shelter, would be added to those homeless rolls. Not to mention the fact that there are 2 million people on the government dole who are not counted as unemployed - the subjects of our "pay for justice" system. If they were to release all the potheads onto the streets, unemployment would jump by another 3% - but instead of paying $8,000/yr in unemployment, food stamps, whatever for them we are paying $30,000 to house each one of at least a half-million of them.
Take a good look at the empty malls, the shuttered stores. The anti-immigrant fervor today is not because Americans hate Mexicans, but because Americans don't believe there enough jobs to go around. Even among those who ARE working, real salaries have fallen for the past 25 years. Inflation is being hidden, except when you go by the supermarket or the gas pump - but the government indicators say inflation is low.
It will not take much more to tip this into a 30s like depression, with 25% unemployment and blocks long breadlines, where a company offering 30 jobs will have 3000 applicants.
BORROWED MONEY IS NOT WEALTH.
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