Ministry of Truth Doublethink. Unemployment drops while it rises!

Credit: Zero Hedge
Credit: Zero Hedge

Doublethink is the act of simultaneously accepting two mutually contradictory beliefs as correct,” as in there is more unemployment even though the unemployment rate is dropping.

Far fewer entered the workforce in March than expected while many more jobless officially became non-persons as they were dropped from being counted. The magic results of this is the unemployment rate actually dropped slightly. The 90 million Americans who are no longer looking for work and thus not included in jobless statistics will certainly be cheered by this. My wife and I call call these creative methods of counting the MSU Method, as in Making Sh*t Up.

Even worse, the labor force participation rate plunged from an already abysmal 63.5% to 63.3% – the lowest since 1979! But at least it helped with the now painfully grotesque propaganda that the US unemployment rate is “improving.”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.