Sources:
(1) U.S. Energy Information Administration;The friend who sent me this data wrote this: "I played with the numbers a little further and specifically looked at number of long-term unemployed that increased from 2.6 to 6.2 million. (assuminging one can measure it). If you include those people back into the unemployment rate calculation you get 12% instead of 9.4%. Not what we are being told. Do you think the Obama adminstration is playing with the unemployent statistics?"
(2) Wall Street Journal;
(3) Bureau of Labor Statistics;
(4) Census Bureau;
(5) USDA;
(6) U.S. Dept. Of Labor;
(7) FHFA;
(8) Standard & Poor's/Case-Shiller;
(9) RealtyTrac;
(10) Heritage Foundation and WSJ;
(11) The Conference Board;
(12) FDIC;
(13) Federal Reserve;
(14) U.S. Treasury
Given the 'transparency' of the Obama administration, I wouldn't rule it out, but I think I have a simpler explanation: a booming underground (cash) economy.
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