Why Trump Thinks Unemployment Is 42%

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