CBO Report: Real Unemployment Rate is 15 Percent

Most of us who are at least somewhat politically inclined know that the 8-point-something unemployment rate numbers that Obama’s BLS concocts are a sham – as they conveniently choose to leave out those unemployed individuals who have struggled looking for work for so long that they have “given up.”

Well, the Congressional Budget Office has cleared this conundrum up for those of us who actually believe Timothy Geithner, Joe Biden, and Barack Obama when they say we are experiencing mass employment growth.