Don't Trust Gov't's 'Good Economic News'

Despite the news that the unemployment rate dropped slightly in July, we still lost 250,000 jobs. The numbers weren't quite as bad as the gov't had anticipated.

But Obama and company took to the airwaves to tout his programs and to claim he 'saved America from economic catastrophe.

Americans should take the supposed 'good news' with a grain of salt. The actual unemployment figures for the U.S.--using the same criteria used throughout much of the 20th century--is 16.9% instead of 9.4%.

This is due to the fact that the government no longer counts those that are 'under-employed'--those who are forced to work part time when they need full time jobs to make it.

In addition, a sustained recovery is simply not possible with deficits and a national debt being what they are, in the multi-trillion status. We have never been down this road before in American history. Even the Great Depression did not see deficit spending and a national debt like this.

Western Rifle Shooters Association posts an excellent article concerning the inevitability of a continued downturn in the economy.