So much for the vaunted recovery in the US economy. The New York ISM purchasing manager current business conditions index just plunged to its lowest level since The Great Recession.
And to top it off, Gallup claims that the 5.6% unemployment rate is “a big lie.”
According to Gallup, the actual unemployment rate in the US is … 44.1 percent.
Heck, I thought that stagnant wage growth and an 11.2 percent U6 underemployment rate were bad. But 44.1 percent?
And we have a Potemkin Party!