Why Trump Thinks Unemployment Is 42%

Tyler Durden's picture

During his victory speech last night in the New Hampshire Republican primary, Donald Trump exposed what everyone knows but doesnit dare admit: the "phony" unemployment numbers that Obama continues to crow about and The Fed is so focused on....

"Don't believe those phony numbers when you hear 4.9 and 5% unemployment. The number's probably 28%, 29%, as high as 35%, in fact, I even heard recently 42%,"

How does he justify such large estimates? Simple...

"If we had 5% unemployment, do you think we'd have these gatherings?"

Tough to argue with that - just as Hillary and Jeb...

 

Source: RealClearPolitics

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Panic Mode's picture

I like him. What you see is what you get. Full package. Unlike others wear in sheep skins.

nuubee's picture

Yes, I agree that I like him for that reason. I just wish I saw more in terms of actual finger-pointing and plans for rolling back legislation.

Trump doesn't speak to those things, which either means he knows picking a plan can only hurt his chances, or he doesn't have a plan yet.

 

Also, what good is 5% unemployment when everyone's serving drinks?

bbq on whitehouse lawn's picture

Trump is a product of his time and experience, if Tump discoved Zh in his 20's he would not be running for president today.
People are more then their genes but less then their knowlege.

eforce's picture

A few possible outcomes...

A) Trump is legit and America is meant to be doomed...expect an assassination, WW3 and/or engineered economic collapse.

B) Trump is legit and America is meant to reboot...means Europe is the target (removal of the monarchies).

C) Trump isn't legit...expect him to act like a dictator, America being his 5th bankruptcy.

D) Trump isn't legit...starts WW3.

nope-1004's picture

A)

 

I've said it before, since he isn't dependent on the Wall Street lobby, he will run things the way he wants, not the way Wall Street wants.  That makes him a target for the same type of ... cough .... cough ....  random assassinations that have happened in the past (Kennedy, Rabin, King, Reagan almost) just to name a few.

AssFire's picture

Unemployment numbers don't include those incarcerated. We lead the world there- Amerikan Exceptionalism!

Handful of Dust's picture

I like The Trumpster. I really like him.

erkme73's picture

"We're gonna knock the hell out of ISIS"... So disappointing to hear him say that.  It proves he DOESN'T get it.  

BaBaBouy's picture

TRUMP Gets In, And Hillery Gets Pardonned By The O'Bummah...
Does BERNIE Really think he can get in, Constantly using the COMMUNIST Salute In The USA?????????????

BaBaBouy's picture

DONALD, Just Please don't do any hands-on Home Renovating using "Nail Gunz" Pleasseee...

SILVERGEDDON's picture

This - is a Morgan Freeman moment.

" He'es right, you know............... "

I MISS KUDLOW's picture

no way trump never gets in nor does he want to,,,,,,,he is out there representing the billionaire class telling the former white middle class what it want to hear,,,,,this is all by design,,,,,,utililites,,,,tlt and fractional gold are blowing out,,,,,,,The Kyle Bass moment is upon us,,,,,,,after which Joe Biden or someone else will be coming off the bench,,,,,,,,,,,,,,,,no way trump is president, nor sanders nor hillary,,,,,,its all a skit,,,,,

I MISS KUDLOW's picture

Trumps retiring on an island theres a better chance Ivanka becomes president in 2019 once we it the 8 years business cycle bottom on year 80 on debt cycle, u know that 80 year thing and becomes first women president

I MISS KUDLOW's picture

I also would bet mr yellen will be replaced by Larry Summers once this japan thing goes down,,,,gotta happen "investing in gold is betting on the idiocy of presidential cycle" J Kyle Bass,,,,,,this has gottta be it,  now or never china comes back next week,,,,,

 

 

I MISS KUDLOW's picture

as far as jobs and unemployment,,,,,what happened to linkedin stock late last week,,,,,GULP,,,,,does that mean zero jobs coming or all govt jobs coming or is that the end of linkedin another almost worthless producing stock like facebook, twitter etc

Chris Dakota's picture

Tear down the whole system...the table is tilted, the game is rigged.
The citadel surrounded by wall and moat, as long as those outside think
that if they work hard enough they too have the possibility of  entering one day or their children do, therefore  they are invested in it's existence.

Once they realize there is really no way for them to ever enter the citadel they
become the barbarians at the gate.

Mid April this begins.

The9thDoctor's picture

If we actually have 42% unemployment, than we are halfway to my goal of FULL unemployment.

I know I am a minority on Zero Hedge on this view, but I want everything automated and currency abolished.  After reading Bob Black's "Abolition of Work" and watching Zeitgeist's "resource based economy" I want unemployment as high as possible.

I've wasted many years of my life in dead end thankless Mcjobs, and I worked for employers who made Orwell's 1984 look like child's play.  Government tyranny concerns me, but nothing compared to the dictatorship that corporations impose on their employees.

Now that I have "sold out" to the white collar world, my views have evolved from extreme left wing to more libertarian.  My goal is for all dead end Mcjobs to be automated, because no one should have to go through that hell.  I'd rather see someone waste their life on drugs, or video games, or even adult entertainnment, than waste it on a McJob.  It's sick to see people bust ass for 8 hours a day for piss poor wages to make someone else cashflow.  I love that scene in Fight Club where Tyler Durden sticks the revolver to Raymond K Hessel's head asking him what he wanted to be.

I say raise the minimum wage to absurdly high levels so that way big business is forced to automate.  Then introduce a "basic income" for everyone to have funds to purchase automated-made goods and services.  I want people to spend more time with their friends and families, and to have creative pursuits, instead of wasting 2,000+ hours a year (not including the commute and clocking out for lunch breaks) on these shitty ass jobs that this service economy offers.

Memedada's picture

Good/intelligent post.

I’m myself a libertarian. But I also see myself as leftwing (=against illegitimate authority – being private and/or public).

The US-version of libertarianism (= the corporate version/the hijacked version/the propaganda version/the controlled opposition version) is invented by big business: http://www.alternet.org/visions/true-history-libertarianism-america-phony-ideology-promote-corporate-agenda

Real libertarianism:

Unfortunately, in the United States the term “libertarian” has become, since the 1970s, associated with the right-wing, i.e., supporters of “free-market” capitalism. That defenders of the hierarchy associated with private property seek to associate the term “libertarian” for their authoritarian system is both unfortunate and somewhat unbelievable to any genuine libertarian. Equally unfortunately, thanks to the power of money and the relative small size of the anarchist movement in America, this appropriation of the term has become, to a large extent, the default meaning there. Somewhat ironically, this results in some right-wing “libertarians” complaining that we genuine libertarians have “stolen” their name in order to associate our socialist ideas with it!”

-       - http://anarchism.pageabode.com/afaq/150-years-of-libertarian

doctor10's picture

that's a great post D9-

the guys you rely on to make that all happen, however, see the rest of us as farm animals

zippedydoodah's picture

Hi there doctor10, can I introduce you to the 9th Doctor?

Regards from zippedyday ;O)

True Blue's picture

-then You pay for it.

TANSTAAFL -There Ain't No Such THing As A Free Lunch

I MISS KUDLOW's picture

as far as jobs and unemployment,,,,,what happened to linkedin stock late last week,,,,,GULP,,,,,does that mean zero jobs coming or all govt jobs coming or is that the end of linkedin another almost worthless producing stock like facebook, twitter etc

I MISS KUDLOW's picture

as far as jobs and unemployment,,,,,what happened to linkedin stock late last week,,,,,GULP,,,,,does that mean zero jobs coming or all govt jobs coming or is that the end of linkedin another almost worthless producing stock like facebook, twitter etc

I MISS KUDLOW's picture

as far as jobs and unemployment,,,,,what happened to linkedin stock late last week,,,,,GULP,,,,,does that mean zero jobs coming or all govt jobs coming or is that the end of linkedin another almost worthless producing stock like facebook, twitter etc

Joe Sichs Pach's picture

I Miss Proper Elipses, or the lack of their use altogether...FFS

bilbert's picture

Post much, Dude??

Please keep your zipper up......

Thanks!

4 wheel drift's picture

hitlery will not be charged while the muslim is in power....  (hence she cannot be pardoned as she has not been charged)

when trump gets in, she will be charged and no fucking pardon will be possible....

she will deservedly fry like the pig she is

redd_green's picture

Naah. He gets a piece of it, related to trade.  But as far as this isis bullshit, he's just as bad as all th rest of the crooks.

in4mayshun's picture

Trump can claim he's gonaa do this and that yada yada...but if he fails to address the FED, the TBTF banks, and current money (mis)management issues, were are going nowhere. This isnt a knock against Trump, just a simple fact.

Tarzan's picture

Only Jesus can fix this mess and trump is no messiah. That's why Hillary the miracle worker is next up ;~)

The next prez will be the next scapegoat for the Beast,
oh my gosh, look what She did!

they're just praying they can hold it together until after the whore is nominated...Then she can finish her fortress in Baghdad and gather the troops for the blood bath, as Wall Street crashes around her...

The9thDoctor's picture

Roger Stone was on the Alex Jones Show saying that Donald Trump knows the entire conspiracy agenda, and that he is going on a "suicide mission" and willing to spend billions of his personal fortune to stop it.  Trump could retire and enjoy his golden years, but is instead risking his life taking on the Bush/Clinton regime head on.

Trump can't come out and talk about Zionism, the Fed, the hanky panky behind 9/11, insider trading, ISIS being a CIA creation, etc. on the campaign trail.  You have to remember the general public is ill informed and totally not ready for the big boy talk.

Trump does an excellent job not sounding like a kook to the idiot general public, but at the same time pissing off the establishment and causing irreparable damage to the political machine.

 

drendebe10's picture

Supporting Trump is giving the finger to the political PTB.   Fukem. Fujwmal.  And the fudgepacker They ride in on..

Mr. Magoo's picture

A few possible outcomes...

A) Trump is legit and America is meant to be doomed...expect an assassination, WW3 and/or engineered economic collapse.

B) Trump is legit and America is meant to reboot...means Europe is the target (removal of the monarchies).

C) Trump isn't legit...expect him to act like a dictator, America being his 5th bankruptcy.

D) Trump isn't legit...starts WW3.

 

I go with C & D

A & D is a pipe dream

DeathMerchant's picture

Oh he gets it, absolutely. He knows that ISIS is a CIA brainchild but he doesn't like the intent of the program plus I thi nk he likes killing terrorists regardless of the side they are on.

DeathMerchant's picture

Oh he gets it, absolutely. He knows that ISIS is a CIA brainchild but he doesn't like the intent of the program plus I thi nk he likes killing terrorists regardless of the side they are on.

dogismycopilot's picture

he has better security advisors than obama. of coure he knows.

BaBaBouy's picture

GOLD should do well with Him In...

Chris Dakota's picture

I hope you are not American.

Gold doing well means you could have bullet put in your

head any moment.

I can't believe how naive the posters are here.

It's going chaos, you can't find your gold.

You will be dead before you find it.

Did you see Katrina, that was the dry run.

Did anyone think gold would save them.

Fucking guns, ammo, courage and food save you.

Somehow you dolts think you will eat popcorn and watch this.

from WHERE?

jeezzzzz

HughBriss's picture

LOL!  Looks like I'm the only asshole who bothered to upvote you!  

You can't eat gold.  You get it.  :)

snodgrass's picture

A  lot of them are there for a good reason. Send them back to Africa and Hispania and we can get rid of the prison industrial complex.

JRobby's picture

A) sounds most likely. I think he is more American than anyone that is bought and paid for in the current GOVT, which is most of them. 

The people that work in the domestic spying operations are certainly not Americans.

Clashfan's picture

Really? Is that why Trump supports killing Snowden? Trump is also a big fan of the police state. I can see this ending very badly, sorry.
I still like him better than all of the other Rs left. But I don't vote, haven't since 911. What's the point?

Show me a 911 truth candidate. Till then, not much matters.

What has Trump even said about the Fed? Uh-huh. Rrightt. 

The9thDoctor's picture

Trump is a 9/11 truther.

He is not going to come out and chant through a megaphone "NINE ELEVEN WAS AN INSIDE JOB!!!!"

He has to keep it on the down low... for now ;)

Clashfan's picture

Really? Is that why Trump supports killing Snowden? Trump is also a big fan of the police state. I can see this ending very badly, sorry.
I still like him better than all of the other Rs left. But I don't vote, haven't since 911. What's the point?

Show me a 911 truth candidate. Till then, not much matters.

What has Trump even said about the Fed? Uh-huh. Rrightt. 

Clashfan's picture

Really? Is that why Trump supports killing Snowden? Trump is also a big fan of the police state. I can see this ending very badly, sorry.
I still like him better than all of the other Rs left. But I don't vote, haven't since 911. What's the point?

Show me a 911 truth candidate. Till then, not much matters.

What has Trump even said about the Fed? Uh-huh. Rrightt. 

Clashfan's picture

Really? Is that why Trump supports killing Snowden? Trump is also a big fan of the police state. I can see this ending very badly, sorry.
I still like him better than all of the other Rs left. But I don't vote, haven't since 911. What's the point?

Show me a 911 truth candidate. Till then, not much matters.

What has Trump even said about the Fed? Uh-huh. Rrightt. 

Clashfan's picture

sorry for multiple posts. Site is getting almost impossible for me to use. Not sure if it's the ads or something else, but I'm about to give up.

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